NNPC

NNPC denies owing foreign oil traders $6.8bn

The Nigerian National Petroleum Company Limited has denied owing international oil traders $6.8 bn. The company also refuted claims that it has not remitted funds into the federation account since January. NNPC Chief Corporate Communications Officer Olufemi Soneye responded to…

NNPCL denies selling employment slots

The Nigerian National Petroleum Company Ltd has denied rumours of selling employment slots to Nigerians and anyone who wishes to buy. In a statement on Saturday in Abuja signed by its Chief Corporate Communications Officer, Olufemi Soneye, the oil firm…

NNPC unveils new crude oil grade from OML 13

By Seun Ibiyemi The Nigerian National Petroleum Company Limited (NNPC Ltd) has introduced Utapate crude oil blend, a new crude oil grade into the international market. According to chief corporate communications officer, NNPC Ltd, Olufemi Soneye, the first cargo of…

Marketers accuse NNPC, DAPPMA of causing petrol scarcity

Petroleum marketers have blamed the current scarcity of petroleum products on the alleged shady deals between the Nigerian National Petroleum Company Limited, NNPCL, Depots and Petroleum Products Marketers Association of Nigeria, DAPPMA, and the regulatory agency, Nigerian Midstream and Downstream…

Reps to investigate Dangote refinery, NMDPRA, NNPC rift

The House of Representatives has said that it would investigate the ongoing spat between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The investigation would also include the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and…

NNPC set to recruit more staff – management

By Matthew Denis The Nigerian National Petroleum Company Limited has completed plans to employ more workers. spokesperson, of the cooperation Mr Olufemi Soneye, confirmed this in a statement on Friday. Soneye explained that the recruitment would be for various positions…