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Home Tag Archives: NNPC Ltd (page 2)

Tag Archives: NNPC Ltd

Business

NNPC will supply Dangote Refinery 2.1t crude oil barrels in 20 years – Kyari

By Breezynews
31 August 2022
in :  Business
0
96

The NNPC Limited has disclosed that it would supply Dangote Refinery with 300,000 barrels of crude oil per day, totalling 2.1 trillion in 20 years. According to its Managing Director, Mallam Mele Kyari said that the newly-sealed supply contract is a guarantee that the Federal Government is committed to ensuring sufficient petroleum products for members of the public. “We have …

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Business

We know nothing about fuel price increase – NNPC

By Contributor
20 July 2022
in :  Business, Energy
9
170

The Nigerian National Petroleum Company (NNPC) Limited has said that it has no hand in the decision of oil marketers to increase petrol pump price. Reports on Monday evening claimed that NNPC issued a notice to oil marketers, approving an upward review in the pump price from N165 per litre to N179 per litre as well as the ex-depot price …

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Business

Buhari unveils commercial entity, NNPC Ltd

By Contributor
19 July 2022
in :  Business, Energy
0
127

President Muhammadu Buhari has said that the transformation of the publicly-owned Nigeria National Petroleum Corporation to the commercial entity now known as Nigerian National Petroleum Company (NNPC) Limited  Limited would strengthen the capacity and market relevance of Nigeria’s oil industry. NNPC Limited came into effect on 1 July, and one of benefits of the Petroleum Industry Act (PIA) 2021. The …

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News

OPEC helmsman Barkindo dies, hours after meeting Buhari

By Contributor
6 July 2022
in :  News, News Break
0
318

Hours after being received by President Muhammadu Buhari at the State House on Tuesday, the Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Muhammad Sanusi Barkindo, is dead. He died at about 11 pm on Tuesday. He was aged 63. His transition was announced in the early hours of Wednesday by the Group Managing Director of NNPC …

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Energy

FG insists fuel price is N165/litre; stations sell above N185

By Contributor
22 June 2022
in :  Energy, News
0
99

Despite the insistence of the Federal Government that marketers should not sell Premium Motor Spirit (commonly known as fuel or petrol) for more than the official rate of N165 per litre, many filling stations across the country have increased the price to no less than N185. The government issued the warning to oil marketers on Tuesday, while advising the citizens against …

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News

NNPC explains, as fuel scarcity hits Abuja

By Contributor
9 May 2022
in :  News, Energy
0
109

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has blamed the sudden appearance of fuel queues in parts of Abuja on low load-outs at depots. In a statement on Monday by its Group General Manager in charge of Group Public Affairs Department, Garba Muhammad said the situation usually happened during a long public holidays. Nigerians returned to work five days …

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Business

Sylva expresses optimism over 60,000 barrels-per-day production by Port Harcourt Refinery in 2023

By Contributor
18 April 2022
in :  Business, Energy
0
81

The Minister of State for Petroleum Resources, Chief Timipre Sylva, and his colleagues on the Board of the Nigerian National Petroleum Company Limited (NNPC Ltd.) have expressed satisfaction with the progress of work at the Port Harcourt Refinery, Rivers State, which is process 60,000 barrels per stream day (bpsd) into the market beginnning from the third quarter of next year …

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Business

Gas flaring ends soon as NNPC introduces new approval method – Kyari

By Contributor
7 March 2022
in :  Business, Technology
0
77

In order to tackle the challenges of gas flaring in Nigeria, the Nigerian National Petroleum Company Limited (NNPC Ltd) is to ensure that any proposed project without clear-cut plans to commercialise or use up its associated gas would no longer be approved. The NNPC Group Managing Director, Malam Mele Kyari said that gas utilisation was a major priority of both …

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