Nigerian National Petroleum Company Limited
Nigeria’s oil earnings are projected to experience a substantial boost, potentially reaching ₦6.9 trillion monthly, as the country’s oil production continues to rise. This development is expected to have a positive impact on the nation’s economy. The increase in oil production is attributed to the efforts of the Nigerian National Petroleum Company Limited (NNPC) to […]
The Nigerian National Petroleum Company Limited (NNPC) has unveiled revised estimates for the price of Premium Motor Spirit (PMS), commonly known as petrol, purchased from the Dangote Refinery. While the projected retail price remains consistent, the NNPC has adjusted the breakdown of costs associated with the transaction. Notably, the Nigerian Midstream and Downstream Petroleum Regulatory […]
The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL) Mele Kyari, has said the Port Harcourt refinery will commence operations in about two weeks time. According to Kyari, mechanical works have been completed on the Port Harcourt, Warri, and Kaduna refineries, stressing that the Kaduna refinery will commence operations in December. Kyari […]
Frustrations are bubbling over at the pump again, with independent petroleum marketers under the Independent Petroleum Marketers Association of Nigeria (IPMAN) accusing the Nigerian National Petroleum Company Limited (NNPCL) of causing delays in fuel supply. The result? Boycotts of NNPCL and forced reliance on pricier private depots, pushing pump prices up and squeezing wallets across […]
The Nigerian National Petroleum Company Limited (NNPCL) is flexing its muscles against oil theft in the Niger Delta, uncovering a staggering 83 illegal refineries and 15 unauthorized pipeline connections in just one week. This relentless pursuit, documented on NNPCL’s Twitter handle, paints a picture of a determined fight against a deeply entrenched problem. Between January […]
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