Tag
NNPCL
A review of petrol stations in Abuja over the weekend revealed that demand for the commodity has slowed as many Nigerians have chosen not to purchase petrol for their vehicles.
The Nigerian National Petroleum Company Limited (NNPCL) has ended the crude oil swap deal for petrol and started using cash tenders for the purchase of fuel for the first time in a decade according to reports from Reuters.
Between September 30 and October 6, 128 crude oil theft incidents were recorded across the oil-producing areas of the Niger Delta.
John Kekeocha, the National Secretary of the Independent Marketers Association of Nigeria (IPMAN) has said that the Tinubu-led government is spending billions of naira on fuel subsidy.
Barely five months after Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited said the company would no longer be the sole importer of petrol into the country, he has said foreign exchange issues have not allowed private companies to import petroleum products.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) has said the country is ready to become a net exporter of petroleum products by 2024.
The Nigerian National Petroleum Company Limited (NNPCL) has categorically refuted recent media reports suggesting the awarding of pipeline contracts to a select group of “Northern oil cabal.”
The Research, Technology and Innovation division of the Nigerian National Petroleum Company Limited (NNPCL) is collaborating with renewable energy company, Ceesolar Energy Limited on decarbonization.
The Nigerian National Petroleum Company Limited (NNPCL) recently reported a concerning surge in crude oil theft within a week, spanning from September 23 to 29, primarily in the oil-producing region of the Niger Delta.
Nigerian officials, including petroleum and gas ministers, NNPCL CEO, and NMDPRA Chief Executive, visited the OB3 gas pipeline project construction site.
AfeximBank is reportedly reaching out to oil traders to finance a $3 billion it pledged to the Nigerian National Petroleum Company Limited weeks ago.
The report cited a concerning surge in crude oil theft incidents, totalling 195 occurrences, within the country's oil-producing areas from September 16 to 25, 2023.