Dangote Group has debunked reports making the rounds that the Nigeria National Petroleum Company Limited (NNPCL) is currently lifting petrol from its refinery at a price of N897 per litre. The denial was contained in a statement on Thursday by…
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it has delivered 30 million barrels of crude oil to the Dangote refinery, with an additional 17 million barrels scheduled for supply in the near future. Adedapo Segun, Executive Vice…
The Nigerian National Petroleum Corporation (NNPC) has halted the sale of Premium Motor Spirit (PMS), commonly known as petrol, to independent marketers following a recent price increase. This decision was announced after the price of petrol was raised to over…
Atiku Abubakar, the former Vice President of Nigeria, has urged that the Nigerian National Petroleum Company Limited (NNPCL) be listed on the stock exchange, as mandated by the Petroleum Industry Act. His call comes in response to the NNPCL’s recent…
By Matthew Denis In a bid to ensure implementation of the President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, the Honourable Minister of Finance and Coordinating…
NIPCO Plc has reiterated that the strategic partnership between its wholly owned subsidiary, NIPCO Gas Limited with the Nigerian National Petroleum Company Limited (NNPCL) to address the infrastructural deficit in the effective utilisation of natural gas as auto fuel will…
By Matthew Denis The Anti-corruption Crusader and Member of the House of Representatives, representing Ideato North/South Federal Constituency of Imo State, Hon. Ikenga Imo Ugochinyere, has on Wednesday, debunked allegations that he gave $1.7 million to Speaker Tajudeen Abass and…
The Minister of Budget and National Planning, Abubakar Bagudu has explained that Nigerian National Petroleum Company Limited, NNPCL, is using fuel subsidy savings to sustain the product’s current pump price. The minister made this known on Channels Television on Saturday,…
The House of Representatives Special Joint Committee investigating factors working against the petroleum sector has directed the Nigerian National Petroleum Company Limited to halt what it called the mortgage of Nigeria’s future crude oil until it concludes its assignment. Recall…
The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said that based on emerging indicators in the energy and gas sector, Nigeria will be a net exporter of petroleum by December. Kyari made this known…
