The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria National Petroleum Company Limited (NNPCL) have cautioned Nigerians against panic-buying of fuel and refuted rumours of an impending increase in the pump price of petrol, commonly known as Premium…
President Bola Tinubu has inaugurated the Board and Management team for the Nigerian National Petroleum Company Limited, NNPCL, at the State House, Abuja. Pius Akinyelure is the new Non-Executive Board Chairman of the company. Mallam Mele Kyari retained his position…
The newly appointed Board and Management team for the Nigerian National Petroleum Company Ltd (NNPCL) on Monday pledged to produce two million barrels of crude oil on a daily basis from 2024. Chief Pius Akinyelure, Non-Executive Board Chairman of NNPCL,…
The Nigerian National Petroleum Company Limited (NNPCL) will start pricing crude supplies against dated Brent crude in 2024, according to a Bloomberg report. Per the report, NNPCL plans to change how it prices its crude cargoes starting in January 2024.…
The Nigerian National Petroleum Company Limited has said the $2.8billion Ajaokuta-Kaduna-Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. Executive Vice President, Upstream, NNPC Limited, Oritsemiyiwa Eyesan revealed this at the ongoing 41st Nigeria Association…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market. The NNPC Ltd said this led to a dip in demand…
The Nigerian National Petroleum Company Limited and the Niger State Government have signed a Memoranda of Understanding to develop renewable energy in the state. This is the first-of-its-kind Green Economy and Energy Development Partnership agreement for the development of four…
The Nigerian National Petroleum Company Limited during the week said it had launched a new crude oil grade ‘Nembe,’ and had shipped its first cargo in October consisting of two 950,000 barrels. A report by Reuters quoting the executive director…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that subsidy payments rose to N400bn monthly and gulped N3.7bn in May 2023. The NNPCL in a statement by its Chief Corporate Communications Officer, Mr Olufemi Soneye made this known…
NNPCL appoints Soneye as Chief Corporate Communications Office. The Nigerian National Petroleum Company Limited (NNPCL) has appointed Publisher of Per Seconds News, Mr Femi Soneye, as its Chief Corporate Communications Officer. The NNPCL in a statement described Soneye as a…
