The Extractive Industries Transparency Initiative (EITI), a global transparency body, on Tuesday, charged the Nigerian National Petroleum Company Limited (NNPCL) to provide further details on its 20 per cent equity in the Dangote Petroleum Refinery. It gave the charge during a visit of the EITI delegation to Nigeria, stressing that NNPCL had yet to clarify its equity interest in the …

Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have berated the Nigerian National Petroleum Company Limited (NNPCL) for alleged delay in the supply of petroleum products. As a result, the marketers said they had been forced to boycott the NNPCL to source fuel from private depot owners at a higher cost. In an exclusive …

At least 83 illegal refineries were uncovered in the last week in the Niger Delta, according to NNPC Limited (NNPCL). The company said on its X handle on Tuesday that 15 illegal pipeline connections were also discovered within the same period. “In the past week, 15 illegal pipeline connections and 83 illegal refineries have been uncovered in the Niger Delta”, …

NNPC Limited (NNPCL) said on Monday that it is seeking private companies that would operate and maintain its Port Harcourt refinery in Rivers State. On 21st December, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri announced the “mechanical completion” and the “flare start-off” of the refinery. He said the first phase of the plant had been completed, as the facility …

NNPC Limited has offered a free petrol voucher worth N200,000 to an X user, #_Debbie_OA (Mummy Zee), who was knocked for disclosing that she wakes up at 4.50 am daily to prepare food for her husband. NNPCL disclosed this in a tweet shared on its official X handle on Saturday. The tweet read: “Hello #_Debbie_OA, we love your amazing love …

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said there is no imminent increase in the cost of petrol. A statement by the chief corporate communications officer of the company, Olufemi Soneye also cautioned motorists against panic-buying. The response came amidst a report that the company on Tuesday clashed with petroleum marketers under the aegis of the Independent Petroleum …

The federal government has announced that the Port Harcourt Refining Company (PHRC) is currently 77.4 per cent completed even as it has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the refinery. The Nigerian National Petroleum Company (NNPC) Limited, which made this known, said rehabilitation work has been ongoing at the Refinery …

President Bola Tinubu has re-appointed Mallam Mele Kyari as Group Chief Executive Officer of NNPC Limited (NNPCL), while Chief Pius Akinyelure as Chairman of the Board. In a statement on Monday, the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale also named seven other members of the NNPCL Board. The statement read: In compliance with Section 59 …

NNPC Limited (NNPCL) has said it would end the importation of refined petroleum products by December next year as all the country’s refineries would be operational by then. Against the background of the House of Representatives’ call for the privatisation of Nigeria’s refineries, NNPCL’s Group Chief Officer, Malam Mele Kyari said on Thursday when he led senior officials of the …

The Senate has summoned the Managing Director of Nigerian Gas Marketing Company, Justin Ezeala, over gas sales, purchase agreements, pricing with various companies, and non-compliance with due process in the Auto Compressed Natural Gas Project with NIPCO Gas. The Senate, through its Committee on Gas, requested on Wednesday the details of gas sales and purchase agreements with gas companies. The …