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Tag: NNPCL

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Saudi Aramco, ADNOC adopts AI as NNPC lags

The world is preparing for an oil and gas industry where completely unmanned assets are operated, inspected, and maintained by digitisation and artificial intelligence, a message Africa’s largest oil-producing country is still negotiating with. The oil and gas sector is rapidly adopting digital tools, e.g. machine learning and artificial intelligence, to increase its efficiency in […]

News

NNPCL chief Kyari bags NUJ good governance award

The Nigerian National Petroleum Corporation Limited’s Group Chief Executive Officer, Mr Mele Kyari, has won the 2024 Nigeria Union of Journalists Good Governance Award. This was disclosed in a statement via a post on the official X handle of NNPCL on Sunday. Kyari was presented with this award at a dinner and ceremony of the […]

News

Fuel scarcity: CSOs urge Tinubu to sack Kyari

Over 200 civil society groups under the aegis of the Coalition of Civil Society Groups Against Poverty in Africa have urged President Bola Tinubu to sack the Group Chief Executive Officer, of Nigerian National Petroleum Corporation Limited, Engr. Mele Kyari, over fuel scarcity. This came as an aftermath of what they alleged was a high […]

NNPCL signs deal to build 100,000bpd plant in PH refinery
News

NNPCL signs deal to build 100,000bpd plant in PH refinery

The Nigerian National Petroleum Company Limited has finalized a contract with African Refinery Port Harcourt Limited to construct a 100,000 barrels per day refinery within the Port Harcourt Refinery and Petrochemical Complex located in Rivers state. This significant development was disclosed by the national oil company via its official communication channel, with Dapo Segun, the […]

NNPCL sets fuel price above N1000 per litre
News

Scarcity: Fuel supply shortage resolved, says NNPCL

The Nigerian National Petroleum Company Limited has clarified that the shortage in the supply of Premium Motor Spirit also known as PMS recently being experienced in some parts of the country is a result of logistics issues and that it has been resolved. In addition, it also made it clear that the price of petrol […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
featured

Fuel scarcity hits Abuja, five other states as queues return

There were Long queues as many filling stations were closed in Abuja and about five other states on Wednesday as a result of scarcity of Premium Motor Spirit, also known as petrol. Thousands of commuters in the Federal Capital Territory, Nasarawa, Niger, Gombe, Sokoto, and Anambra states, due to the scarcity of PMS were left […]

News

NNPCL, partner unlock 12,000bpd production at Awoba Field

The Nigerian National Petroleum Company Limited has partnered with Newcross Exploration and Production Limited to restart production from the Awoba field which aims to optimise production from the nation’s hydrocarbon assets to boost revenues. This was contained in a statement issued by the Chief Corporate Communications Officer, Olufemi Soneye via the firm’s official X handle […]

Oil and Gas

Nigeria can leverage its gas reserves to drive industrial development – Mele Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that gas has a vital role to play in driving economic growth and industrial revolution in Nigeria. This was disclosed in a statement signed by the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye on Wednesday on via NNPCL’s […]

Economy featured

Long queues resurface at filling stations as marketers blame supply hitch

Long queues at gas stations in Lagos and Ogun began to form again, causing concern about the imminent scarcity of fuel. Petroleum marketers say the non-availability of Premium Motor Spirit in filling stations located in Lagos and Ogun states is a result of a shortage in supply. Also, Similarly, the Nigerian National Petroleum Company Limited […]

Oil and Gas

Port Harcourt refinery resumes operation in April – NNPCL

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said the Port Harcourt refinery will commence operations in about two weeks time. According to Kyari, the mechanical works at the Port Harcourt, Warri and Kaduna refineries have been completed, indicating that the Kaduna refinery will start operations in December. This […]

Monthly petrol import drops by 990m litres - Minister
Oil and Gas

Monthly petrol import drops by 990m litres – Minister

The Minister of Information and National Orientation, Mohammed Idris said that importation of Premium Motor Spirit, or petrol, into Nigeria has decreased by 50% since the commodity’s subsidies were removed on Wednesday. Economic Confidential reported that, President Bola Tinubu announced the elimination of gasoline subsidies in his inauguration speech on May 29, 2023. The Nigerian […]

FG begins construction of 700km Lagos-Calabar highway
Business

Oil drilling in Nigeria won’t stop – FG

Despite pressure from the West to cease investing in fossil fuels, Nigeria’s Federal Government said on Tuesday to Western countries in America and Europe that it would not stop exploring for fossil resources. According to the PUNCH, it said that several American and European nations had been investing in fossil fuels and were requesting that […]

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