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NNPCL
NNPCL has announced its highest profit in 45 years, recording N2.548 trillion for the year 2022.
The NNPCL has stated that a test run on the 60,000-bpd refinery in Port-Harcourt will be completed this month ahead of the full resumption of work later.
IPMAN and NNPCL have cautioned Nigerians against panic-buying of fuel and refuted rumors of an impending increase in the pump price of petrol, commonly known as PMS.
The Nigeria National Petroleum Corporation Limited (NNPCL) has delivered an additional one million barrels of crude oil to the Dangote Refinery, marking the fourth such delivery in a series over the past few weeks.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the “failure to disclose details of Nigeria’s daily oil production, exportation and the total amounts of revenues generated from oil since the removal of subsidy on petrol in May 2023.”
The Group Chief Executive Officer (CEO) of the NNPCL, Mele Kyari has stated that the second phase of repair works of the Port-Harcourt refinery will be completed by the fourth quarter of 2024
Despite assurances from the NNPCL regarding sufficient stock availability for the Christmas season, fuel marketers are compelled to raise pump prices to align with the increasing costs.
President Bola Tinubu has inaugurated the newly appointed Board of Directors of the NNPCL.
The Dangote refinery has started receiving crude oil supplies and plans to continue doing so in the next few weeks under supply agreement deals with the Nigerian National Petroleum Company Limited (NNPCL) as well as Shell and ExxonMobil, according to officials familiar with the timeline.
Mele Kyari has said that the NNPCL delivered N4.5 trillion to the federation account in October 2023.
Billy Gills-Harry, the National President of PETROAN has said that new parts installed at the Port Harcourt refinery can ensure at least 78% efficiency.
NNPCL has said that 1.785 mbpd in 2024 is achievable for Nigeria. The company said this in a December 13 statement signed by Olufemi Soneye, the Chief Corporate Communications Officer.