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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 […]

News

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 […]

News

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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  • September 16, 2024
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NNPC trucks start loading at Dangote refinery

Trucks at the Dangote Refinery in Ibeju-Lekki area of Lagos State have started lifting Premium Motor Spirit, popularly known as petrol, on Sunday. This was disclosed in a video posted via the X account of Dangote Group on Sunday. This marks a significant step in the refinery’s operations. The tweet read, “First set of trucks […]

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NNPCL, Chevron complete conversion of five JV assets

The Nigerian National Petroluem Company Limited and Chevron Nigeria Limited have successfully transitioned five of their joint venture assets to align with the PIA framework in compliance with the Petroleum Industry Act 2021. This was disclosed in an X post by the Chief Corporate Communications Officer, Olufemi Soneye via his official account on Monday. The […]

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NNPC raises petrol price to N897 per litre

The Nigerian National Petroleum Company has raised the price of Premium Motor Spirit to N897 per liter nationwide. This increase is already in effect at some NNPC filling stations. Prices are expected to be higher at independent and major marketer outlets, with NNPC’s prices varying by location: N897 per liter in Abuja, N904 in Kano, […]

Dangote Refinery loses N32.5bn after petrol price cut
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NNPCL to be sole buyer of Dangote refinery oil- Report

Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to a recent Reuters report, the refinery, which boasts a capacity of 650,000 barrels per day, is in the final stages of testing and will begin rolling out petrol in […]