Banire’s wrong assumptions, NNPC and challenges in the oil sector by Olufemi Soneye
In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the…
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NNPCL responds to group’s claim on Dangote refinery fuel price
……Market Open to Lower Prices from Any Domestic Refinery The Nigeria National Petroleum Company Limited has responded to the claim by a group over the recent review of petroleum prices…
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NNPCL: Expect Dangote fuel by Sept 15, forex fixes prices, not govt
The Nigerian National Petroleum Company Limited (NNPCL) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which…
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Our Refinery ‘ll eliminate all fuel queues in Nigeria, says Dangote
…… NNPCL to determine price The President of Dangote Group, Alhaji Aliko Dangote has assured the products from its refinery will eliminate fuel queues all over the country. Speaking to…
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NNPCL admits debts affecting PMS supply costs
………Impacting Supply Sustainability The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. A statement issued in Abuja…
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NNPCL launches community healthcare Vision First in Ilaje, Lagos
The Nigeria National Petroleum Company Limited (NNPCL) has flagged off the third edition of the Vision First Programme, as part of comprehensive community-focused healthcare outreach targeted at the Ilaje community…
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NNPCL ships LNG cargoes to Japan, China on DES basis
…….Expands Global Market Footprint The Nigerian National Petroleum Company Limited (NNPC Ltd.) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis…
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NNPCL explains why its fuel sells at lower cost, says no subsidy
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has not paid fuel subsidies to anyone in the last nine months. The Chief Financial Officer of the company, Alhaji…
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NNPC posts N3.3trn net profit, releases 2023 audited financial statement
…, Declares N2.1trn Dividend, targets 2mbpd Crude Oil Production by Dec 2024 The Nigerian National Petroleum Company Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit…
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Presidential Amnesty Graduates laud innovative leadership of PAP Boss, Otuaro
The National Association of Presidential Amnesty Graduates (NAPAG) has applauded the innovative leadership of the Administrator, of the Presidential Amnesty Programme (PAP), Dr Dennis Otuaro. NAPAG, in a statement issued…
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