Tag: NNPCL

Subsidy: NNPCL alleged new price template goes viral
News

Subsidy: NNPCL alleged new price template goes viral

  The Nigerian National Petroleum Company Limited has increased petrol pump prices by more than 200 percent, putting the cost of fuel to between N488 and N557 per litre. According to a copy of a revised pricing template allegedly issued to oil merchants late yesterday by the NNPCL management, the new price adjustment was to […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

Fuel subsidy: NNPCL cautions against panic-buying

The Nigerian National Petroleum Company Limited has stated that prospective increases in petrol prices are insufficient justification for Nigerians to indulge in panic-buying.. According to Nairametrics, the Group Chief Executive Officer of the NNPCL, Mele Kyari, made this statement to the press on Monday. He claimed that the NNPCL is present to make sure that there is […]

NNPC, First E&P provide free healthcare in host communities
Oil and Gas

NNPC resumes Borno oil exploration after six years pause

The Nigerian National Petroleum Company Limited has begun oil drilling in Borno state’s Lake Chad Basin. Daily Trust reported that The President, Major General Muhammadu Buhari is anticipated to participate virtually at the Wadi-B oil well drilling event in the Tuba town of Jere Local Government Area. The project is being carried out by the NNPC Frontier […]

Osinbajo-led council tackles skill gaps among graduates
Energy

Osinbajo charges NNPC on balanced energy transitioning

The Vice President, Yemi Osinbajo, has charged the Nigerian National Petroleum Company Limited to work on the development of green hydrogen as another energy source.   Leadership reported that Osinbajo said this during his address at the launch of a book titled: “Understanding Natural Gas: A Nigerian Perspective,” in Abuja, on Thursday, co-authored by Dr. […]

NNPC, First E&P provide free healthcare in host communities
Scams

NNPCL debunks alleged payment of N20bn to ghost consultants

Wilson Adekumola   The NNPC Ltd has debunked a report going viral on social media and other platforms that it paid N20 billion to ghost consultants.   The report published by an online platform alleged that NNPC paid the sum of N20bn to ghost consultants and theft of multi-billion naira tax due to the Ogun […]

Group backs sale of NNPC
Business featured

Experts frown as NNPCL appoints expatriate subsidiary head

Experts and operators have raised concerns and frowned on the appointment of Jean-Marc Cordier to lead the oil trading arm of the Nigerian National Petroleum Company Limited. The Punch reported that the appointment of Cordier to lead NNPC Trading Ltd, a subsidiary of NNPCL, was announced in a statement released in Abuja by the company’s […]

NNPCL moves to sell shares, seeks strategic partners
Business

NNPCL distributes 339m litres of petrol to 63 deports

The Nigerian National Petroleum Company Limited has said that 63 deports across the country have altogether received a total of 339 million litres of petrol in seven days. From the data obtained by The Punch from NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the distribution was made to states with Lagos, Delta, […]

NNPCL moves to sell shares, seeks strategic partners
Appointments

NNPC takes over as OML 18 operator

The Nigerian National Petroleum Company Limited has replaced Eroton Exploration and Production Limited as the new operator of Oil Mining Lease 18.   The Cable reported that, NNPC spokesperson, Garba Deen Muhammad, disclosed this in a statement on Monday.   NNPC said the action was taken to curtail further degradation of the asset and revamp […]