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NNPCL launches sale of new crude oil blend to global market

The Nigerian National Petroleum Corporation Limited has announced the commencement of sales for its new crude oil grade, the Utapate crude oil blend, to international refiners. This marks a significant milestone, coming six months after the start of exploration efforts. NNPCL described the development as a major boost for Nigeria’s crude oil production, revenue generation, […]

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Why P’Harcourt refinery is yet to begin operation – NNPCL

The Nigerian National Petroleum Commission has explained the delay in the Port Harcourt Refinery project, which missed its September completion deadline. In an interview on Monday, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, cited risks and challenges associated with the rehabilitation of the refinery, describing it as a brownfield project. He added that the commissioning […]

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No plans to sack Kyari, says NNPCL

The Nigerian National Petroleum Company Limited has denied reports suggesting that the Group Chief Executive Officer, Mele Kyari, might be removed. NNPC spokesperson, Olufemi Soneye clarified in an interview on Friday that there are no plans to replace Kyari, despite rumours circulating after a recent shakeup within the company. An international newspaper had speculated that […]

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NNPC hits 1.8mbpd in crude output, eye 2mbpd by Dec

The Nigerian National Petroleum Company Limited has announced it has successfully ramped up crude oil and gas production to 1.8 million barrel per day and 7.4 billion standard cubic feet of gas per day. This was disclosed in a statement by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, on Thursday. NNPCL also stated that […]

Nigerian National Petroleum Corporation Limited logo
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NNPCL appoints new CFO, EVPs

The Nigerian National Petroleum Company Limited has announced a shake-up in its key management positions to enhance operational efficiency and improve its competitive position in the global oil and gas market. In a statement by the company’s spokesperson, Femi Soneye, the board of directors approved the replacement of Mr. Umar Ajiya and Mrs. Oritsemeyiwa Eyesan […]

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NNPC, Dangote refinery sign 10-year gas supply agreement

The Nigerian National Petroleum Corporation Limited has announced that its subsidiary, NNPC Gas Marketing Limited, has signed a Gas Sale and Purchase Agreement with Dangote Petroleum Refinery and Petrochemicals FZE. This was disclosed in a statement by the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye on Wednesday. According to the statement, The GSPA between […]

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NNPC ends fuel importation, to source locally

The Nigerian National Petroleum Company has ceased importing refined petroleum products and has begun sourcing fuel from local refineries, including the newly operational Dangote Petroleum Refinery. This shift was confirmed by NNPC’s Group CEO, Mele Kyari, during the Nigerian Association of Petroleum Explorationists conference in Lagos on Monday themed ‘Resolving the Nigerian Energy Trilemma: Energy […]

NNPCL sets fuel price above N1000 per litre
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NNPCL dismisses claims of selling adulterated petrol

The Nigerian National Petroleum Company Limited has refuted claims circulating on social media that the company is selling adulterated Petroleum Motor Spirit, known as petrol. The company’s Chief Corporate Communications Officer, Olufemi Soneye, in a statement on Thursday, clarified that the allegations were false. Soneye said that the company does not sell petrol in gallons […]

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NNPC confirms helicopter crash in Port Harcourt involved company personnel

The Nigerian National Petroleum Company Limited confirmed that the helicopter operated by East Winds Aviation, which crashed on Thursday in Port Harcourt, Rivers State, was carrying personnel from the national oil company. NNPC spokesman, Olufemi Soneye, confirmed that the helicopter was contracted by the company for the flight. The Sikorsky SK76, registered as 5NBQG, took […]

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NNPC secures equipment to setup 40 new CNG stations

The Nigerian National Petroleum Company Limited has acquired the necessary equipment to set up an additional 40 Compressed Natural Gas stations across Nigeria. This move supports the Federal Government’s plan to establish around 100 CNG stations within the next six months. The Programme Director and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, […]

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NNPCL mulls 3mbpd crude oil production

The Nigerian National Petroleum Company Limited has expressed confidence in its ability to boost crude oil production from 1.7 million barrels per day to three million. This was disclosed by the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, during a stakeholders’ engagement session with journalists covering the National Assembly on Saturday, according to The […]

NNPCL sets fuel price above N1000 per litre
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JUST IN: NNPCL sets fuel price above N1000 per litre

The Nigerian National Petroleum Company Limited has announced the estimated pump price of Premium Motor Spirit (PMS) above N1,000 after its initial purchase of the Dangote refinery product. NNPCL’s spokesperson, Olufemi Soneye, Chief Corporate Communications Officer,  in a statement early on Monday, said that the new pump price is based on Dangote’s September 2024 PMS […]

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