The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS) in stock. This is contained in a statement issued by the Executive Vice President Downstream NNPC Limited Mr Adeyemi Adetunji. Adetunji…
The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd., to improve the distribution of petrol across the country. Mr Clement Isong, Chief Executive Officer of MOMAN, said this in…
The government of Niger on Wednesday urged the Nigerian National Petroleum Company Ltd. (NNPCL) to establish truck transit parks some strategic parts of the state to reduce traffic on highways. The government identified towns such as Tafa, Suleja, Mokwa, Bida,…
Financing of oil and gas projects are more complicated now as banks, multilateral lenders, and investors are diverting capital away from fossil fuels to renewable energies, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele…
The Nigerian National Petroleum Company Limited (NNPCL) has declared a profit of N674.1billion for the fiscal year ended 2021. This also indicates a growth of 135 per cent over what was obtained in the previous year 2020 Group Chief Executive…
The Major Oil Marketers Association of Nigeria (MOMAN) has lauded the acquisition of OVH Energy Marketing Ltd. by the Nigerian National Petroleum Company Ltd. (NNPCL). Mr Olumide Adeosun, Chairman, MOMAN, in a statement on Sunday in Lagos, congratulated NNPC Retail…
…NNPCL to deploy 740 LGP Micro-Distribution Centre in next three years By Gloria Akudoro, Abuja. The Group Chief Executive Officer, Nigerian National Petroleum Company Limited, Mallam Mele Kyari has said the company is working with the office of Vice President…
By Uthman Salami The Nigerian National Petroleum Company Limited (NNPCL) said that it is losing 470,000 bpd amounting to $700 million monthly over the large scale of oil theft, adding that security challenges have impeded oil production in some terminals.…
The Nigerian National Petroleum Company (NNPC) Limited has rejected suggestions from stakeholders to legalise artisanal refining of crude oil in the Niger Delta. Artisanal oil refining is small-scale crude oil processing or subsistent distillation of petroleum that is often outside…
The Federal Government’s inspired transition of the Nigeria National Petroleum Corporation (NNPC) to a private limited liability company is a landmark achievement, according to the Buhari Media Organisation (BMO). The group noted that for many years, including during the military era,…
