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Tag: NNPCL

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Dangote, NNPCL refineries not meeting 50% local fuel needs – FG

Despite a combined refining capacity of 985,000 barrels per day, Nigeria’s three operational refineries—Port Harcourt, Warri, and Kaduna—supply less than 50% of the country’s daily petrol needs, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The NMDPRA stated that the supply gap is being covered by importing refined petroleum products, revealing that Nigeria’s […]

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NNPCL wraps up recruitment process, to issue appointment letters

The Nigerian National Petroleum Company Limited announced the completion of its recruitment exercise initiated last year. In a Monday announcement, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, stated that appointment letters would be issued to successful candidates. He stated that the recruitment exercise was conducted with utmost fairness, transparency, and rigor, describing it as one […]

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Energy infrastructure vandalism threatens Nigeria’s economy – NNPCL

The Nigerian National Petroleum Company Limited has again warned that the continuous vandalism of vital national assets—such as oil and gas pipelines, power plants, and energy installations—poses a serious threat to the economy and national development. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, made this disclosure on Wed during a workshop and engagement session with […]

Domestic refining output falls by 92% - Report
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NNPCL denies explosion at Warri refinery

The NNPCL has denied reports of an explosion at the newly refurbished Warri Refining and Petrochemical Company. NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, clarified this in a statement issued Friday night. Soneye dismissed reports of an explosion at the Warri refinery as false and urged the public to disregard them. He stated that the […]

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NNPCL cuts gas flaring by 96% at key oil fields

The Nigerian National Petroleum Company Limited announced a 96% reduction in gas flaring at the Anyala (OML 83) and Madu (OML 85) fields, managed jointly with First Exploration & Petroleum Development Company Limited. This was disclosed in a statement NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, on Thursday. Soneye stated that this milestone was achieved […]

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NNPC blames pipeline vandals for Buguma oil wellhead fire

The Nigerian National Petroleum Company Limited on Monday night attributed the recent fire incident at the Buguma oil wellhead in Rivers State to the actions of vandals. According to the company, the fire at Buguma Wellhead 008, operated by its subsidiary NNPC Eighteen Operating Ltd, was caused by vandals attempting to tamper with the Christmas […]

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Tompolo hails Kyari for economic recovery, refinery revitalization

The Chairman of Tantita Security Security Services Nigeria Limited, Chief Government Ekpemupolo, a.k.a, Tompolo has praised the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Mallam Mele Kyari, for his role in driving Nigeria’s economic recovery. In a statement on Wednesday, Tompolo, through his Special Adviser on Media and Communication, Dr. Paul […]

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Concerns mount over Kyari’s tenure as NNPC GMD

There is mounting anxiety over the impending expiration of the tenure of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, and the potential appointment of a new leader for the oil giant. With Kyari set to turn 60 on January 8, 2025, many industry observers speculate that he […]

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No Tinubu influence on NNPC operations – NNPCL

The Nigerian National Petroleum Company Limited has emphasized its operational independence, stating that President Bola Tinubu does not interfere in its activities. The national oil company clarified that decisions regarding employment, promotions, appointments, and the movement of business leaders within the organization are free from considerations of ethnicity, religion, tribe, or political affiliation, underscoring its […]

Fuel can sell for N200/litre with working refineries - IPMAN
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NNPCL denies shutdown of Port Harcourt refinery

The Nigerian National Petroleum Company Limited has refuted claims that the re-streamed Old Port Harcourt Refinery has been shut down, stating that the refinery is fully operational. This follows alleged reports suggesting a closure shortly after the refinery resumed operations two months ago. The Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, made this disclosure […]

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NNPCL secures $1bn crude-backed loan for Dangote refinery – Soneye

The Nigerian National Petroleum Company Limited stated it obtained a $1 billion crude-backed loan to support the commencement of operations at the 650,000 barrels-per-day Dangote Petroleum Refinery. The company also facilitated the $3 billion Gazelle loan as a crucial measure to help stabilize the nation’s foreign exchange crisis. This was disclosed by the Chief Corporate […]

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P’Harcourt refinery starts production with truck loading underway

The state-owned Port Harcourt Refinery has commenced production of petroleum products. This was disclosed by the spokesperson for the Nigerian National Petroleum Corporation Limited, Olufemi Soneye on Tuesday. Soneye also confirmed that truck loading operations would start today. Soneye stated that efforts are ongoing to restore operations at the Warri Refinery. “Today marks a monumental […]

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