The Board and Management of the Nigerian National Petroleum Company Limited (NNPC Ltd) express heartfelt appreciation to Nigerians for their support and excitement over the safe and successful restart of the 60,000 barrels-per-day Old Port Harcourt Refinery. According to a statement by NNPCL’s Chief Corporate Communications Officer, the company said that “This achievement marks a significant step forward after years …

The Dangote Petroleum Refinery says the Federal Government has not met its target to supply crude oil to the refinery under the naira-for-crude initiative. It said the amount of crude received from the Nigerian National Petroleum Company Limited (NNPCL) is “peanuts” compared to the volume needed to ramp the production of refined products. A report by Reuters quoting an interview …

The Nigerian National Petroleum Company Limited (NNPCL), and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4 standard cubic feet per day (scfd). The company which announced this at a briefing yesterday, said the feat was achieved in compliance with the mandate of President Bola Ahmed Tinubu. Speaking on the …

NNPC Gas Marketing Limited (NGML), a subsidiary of NNPC Limited (NNPCL), has executed a gas sale and purchase agreement with the Dangote Petroleum Refinery and Petrochemicals, Lagos. The agreement, signed by the Managing Director of NGML, Mr. Justin Ezeala, and the President/Chief Executive Officer of the Dangote Group, Alhaji Aliko Dangote, on Tuesday at the Corporate Head Office of Dangote …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Petroleum Refinery to lift products directly. This, according to the association, will ensure the availability of petroleum to Nigerians at a cheaper rate. IPMAN’s National President, Abubakar Garima, announced this at a press briefing on Monday in Abuja, following a meeting of the National Working Committee …

NNPC Limited (NNPCL) has debunked the video clip of someone pouring a dark liquid, which he claims to be Premium Motor Spirit (PMS) purportedly bought from an NNPCL retail outlet at Keffi flyover, Nasarawa State. NNPCL said that, after spots checks at all its outlets, it found the claim to be false. The statement by its Chief Corporate Communications Officer, …

Three oil marketers – AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited – have asked the Federal High Court in Abuja to dismiss a suit filed by Dangote Petroleum Refinery and Petrochemicals. The marketers, in a joint counter affidavit marked: FHC/ABJ/CS/1324/2024, and dated 5 November 2024, a response to an originating summon filed by Dangote Petroleum …

NNPC Limited (NNPCL) has stated that its Group Chief Executive Officer (GCEO), Mallam Mele Kyari is not responsible for the hike in the prices of the Premium Motor Spirit (PMS), popularly known as petrol. On Tuesday, some protesters stormed Abuja headquarters of the oil giant, demanding Kyari’s resignation over the increase in the prices of petrol nationwide. Reacting to the …

Scores of youths stormed the headquarters of the Nigerian National Petroleum Company Limited (NNPCL) on Monday, demanding the immediate resignation of the Group Chief Executive Officer of the company, Mele Kyari. The protesters, led by some Civil Society Organisations (CSOs) described Kyari’s leadership as incompetent, citing skyrocketing fuel prices, endless fuel queues, and economic hardship in Nigeria. The protesters carrying …

NNPC Limited (NNPCL) has again increased the price of Premium Motor Spirit (PMS), also known as petrol, across its retail outlets. It is the second increase this month. NNPCL increased the pump price from N855 per litre set in September to N998 per litre on 3 October. At the NNPCL retail outlets located at Ago Palace Way, Okota, Lagos on Tuesday, the price of PMS …