The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the facility. It disclosed this on Sunday as the Independent Petroleum Marketers Association of Nigeria (IPMAN) insisted that it would not buy from the Port Harcourt refinery if the Nigerian National Petroleum Company Limited (NNPCL) sells fuel from the …

The fanfare that greeted the resumption of activities at the Port Harcourt Refining Company on Tuesday may have melted away leaving the hope and expectations of many Nigerians hanging. A visit by Saturday PUNCH to the refinery on Friday revealed that there was no activity on site, as some workers met by newsmen claimed that the refinery was undergoing calibration …

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 …