THE Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to hand over the operation and maintenance of the Port Harcourt Refining Company to private entities. This strategic move aims to boost the refinery’s reliability and contribute to Nigeria’s fuel supply and energy security. The NNPCL, in a statement published on …
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PRESIDENT Bola Ahmed Tinubu has inaugurated the management and Board of Directors of the Nigerian National Petroleum Company Limited (NNPCL). The president inaugurated the Board on Monday, December 18, inside the Council Chamber of the Presidential Villa in Abuja. Recall that the president had approved the appointment of a new Board and …
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THE Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, has described oil theft and vandalism in the Niger Delta region as a calamity. The NNPCL CEO said that there were over 4,800 illegal connections on crude oil pipelines in the area and warned that …
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THE Nigerian National Petroleum Company Limited (NNPCL) has described the vandalization of over 5,000 kilometres of oil pipelines in the country as a national calamity. Chief Executive Officer of the company, Mele Kyari, who spoke during an interactive session with the Senate Committee on Petroleum (Downstream), however, assured Nigerians that …
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Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the Federal Government is targeting to shore up its crude oil production output to a minimum of two million barrels per day before 2023 winds down completely. He also commented on the ailing refineries and efforts to make them …
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THERE is no realistic figure on the actual volume of Premium Motor Spirit, popularly called petrol, consumed in the country or smuggled out of Nigeria, the Federal Government has said. It explained that this was one of the major reasons for the removal of subsidy on PMS, and that the …
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THE Nigerian National Petroleum Company Limited (NNPCL) has signed a N5.48 trillion ($7 billion) gas supply deal with Indorama Eleme Petrochemicals Limited. The company disclosed this in a statement on Saturday, September 16, 2023, in Abuja. The deal is to promote the use of natural gas by large-scale gas utilization …
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Hope for an increase in crude oil production has been rekindled as Nigeria’s crude oil production is expected to rise by at least 350,000 barrels per day. This is as a result of the decision of the Nigerian National Petroleum Company Limited (NNPCL) to resume operations at the Forcados Terminal. …
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The Nigerian National Petroleum Company Limited (NNPC Ltd), has entered into strategic partnership with NIPCO Gas Limited to develop 56 Compressed Natural Gas (CNG) stations across the country. The NNPC Ltd said the partnership was part of its commitment to reducing carbon footprint and providing cheaper alternative fuel to motorists. …
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The Nigerian National Petroleum Company Limited (NNPCL) has said that the country recorded 40 incidents of crude oil theft between July 15 and July 21, 2023. The company stated this on Tuesday via its official Twitter account. According to the NNPCL, the war against crude oil theft is still raging …
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