Tag: NNPCL
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Fuel price to drop from N617 as Port Harcourt refinery resumes
The fuel price has been predicted to reduce from N617 per litre as the Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, December 20, 2023. In a now-viral video, the refinery’s flare indicated the commencement of oil refining. The development comes months after the…
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Delta Govt, NNPCL, UTM Offshore sign agreement to develop floating LNG
Delta State Government, Nigerian National Petroleum Company Limited and the UTM Offshore Ltd, Tuesday, signed a Shareholders Agreement for the development of first Floating Liquefied Natural Gas, FLNG in Nigeria.
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Tinubu fires warning at new NNPC board, threatens sack
President Bola Tinubu has urged the Board of the Nigerian National Petroleum Company Limited (NNPCL) to immediately get to work, warning that non-performance would not be tolerated.
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FG moves to audit NNPCL accounts
Minister of Finance and Coordinating Minister for the Economy, Wale Edun has disclosed plans by the federal government to audit the accounts of the Nigerian National Petroleum Company Limited (NNPCL).
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BREAKING: NNPCL makes N4.5trn transfer into federation account
The Nigerian National Petroleum Company Limited (NNPCL) says it has transferred a total sum of N4.5 trillion into the federation account.
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NNPCL defends 2024 budget projections on crude oil
The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable.
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Disclose how much oil Nigeria produces, exports daily, SERAP tells NNPC
The Socio-Economic Rights and Accountability Project, SERAP, has urged Mele Kolo Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company, NNPC, Limited to disclose how much oil Nigeria produces and exports daily within seven working days. SERAP alleged that the NNPCL had failed to disclose the amounts of barrels of oil the country produces…
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Mele Kyari bluntly tells Senate refineries not created to reduce cost of petrol
Group Chief Executive Officer (GCEO) of NNPCL, Mele Kyari has bluntly told the Senate that the creation of refineries is not designed to reduce the cost of petrol.
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Legal matters are not sentimental, PTD replies NUPENG, says Lucky Osezua is confirmed chairman
The National Executives of Petroleum Tanker Drivers (PTD) Branch of NUPENG under the control of Comrade Lucky Osesua has taken a swipe at the parent body for engaging in forum shopping, blackmail, contempt of Court and using sentiments to foist their illegal leadership on the Federal Government and other stakeholders in the oil and gas industry…
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Araraume queries President Tinubu on appointment of new board, management of NNPC Ltd
…warns public against having any dealings with new board …urges president to reverse his decision and allow the flow of the rule of law Senator Ifeanyi Godwin Araraume has queried the appointment of new board and management of the Nigerian National Petroleum Company (NNPC) Limited, which purported to upend his court-validated chairmanship of the board…