NNPCL to Privatise Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has announced its intention to hand over the operation and maintenance of the Port Harcourt Refinery to private operators. NNPCL's decision to involve…
Petrol Price Hike: NNPCL Raises Pump Price to N855 per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as petrol, to N855 per litre. This development comes after…
Tinubu Doesn’t Interfere In Our Operations – NNPCL
The Nigerian National Petroleum Company Limited has denied allegations that President Bola Tinubu interferes in its operations or influences key appointments. According to Chief Corporate Communications Officer, Olufemi Soneye, "employment,…
PH, Warri, Kaduna Refineries To Begin Operation — NNPC
The Nigeria National Petroleum Company (NNPC) Limited has announced that three of its refineries located in Port Harcourt, Rivers State, Warri in Delta State, and Kaduna State will soon begin…
NNPC Secures Emergency $3b Loan to Battle Naira Fall
The Nigerian National Petroleum Company Limited (NNPLC) on Wednesday secured an emergency $3bn crude oil repayment loan from Afrexim Bank. Daily Report Nigeria reports that the NNPCL in a brief…
NNPCL Discovers 83 Illegal Refineries, 15 Pipelines In 7 Days
The Nigerian National Petroleum Company Limited, NNPCL, has revealed that it uncovered 83 illegal refineries in seven days. Daily Report Nigeria reports that the NNPCL said all the discovered refineries…
FG mandates Dangote Refinery to refine 385,000 bpd from NNPL for local consumption
The Federal Government has announced that the Nigerian National Petroleum Corporation Limited (NNPCL) will commence the supply of 385,000 barrels per day of crude oil to the Dangote Refinery from…
NNPCL Invites Obasanjo To Tour Port Harcourt Refinery
Former President Olusegun Obasanjo, has been invited by the Nigerian National Petroleum Company Limited, NNPCL, to take a tour of the Port Harcourt Refinery. NNPCL, in a statement on Thursday,…
REVEALED: FG Owing NNPCL N2.8trn For Subsidy
FG owing NNPCL N2.8trn for subsidy payment, says Mele Kyari The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari on Tuesday revealed that…
Petrol Consumption Declines by 30% After Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant decline in petrol consumption since the removal of the petrol subsidy by President Bola Tinubu. According to the Group…