Tag: NNPCL
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BREAKING! NNPCL denies plan to increase fuel pump price
The Retail arm of the Nigeria National Petroleum Company Limited, NNPC, has debunked media reports of a fresh plan to increase the price of Premium Motor Spirit popularly called fuel. It said this in reaction to claims making the round that there are fresh plans to raise the price of petrol from the current N617…
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Araraume, NNPCL legal fireworks shift to Court of Appeal
… Araraume insists appeal by NNPCL against his reinstatement abuse of Court process Senator Ifeanyi Ararume has described as an abuse of court process, the appeal filed by the Nigerian National Petroleum Company Limited (NNPCL), seeking to upturn the judgment of a Federal High Court, which ordered his reinstatement as non executive chairman of the…
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Why we paid N123bn interim dividend to FAAC – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for the month of June. FAAC had on Thursday shared N907 billion among the three tiers of government.
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NUJ kicks against hike in fuel price
The Nigeria Union of Journalists (NUJ), has described the sudden decision to increase the pump price of Premium Motor Spirit (PMS), commonly known as petrol as an outright over kill.
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VIDEO: Nigeria to destroy 800,000 litres stolen crude despite refinery plans, high petrol prices
Nigeria’s state-owned oil firm, NNPC Ltd, has announced that an intercepted 800,000-litre vessel carrying suspected stolen crude oil off the coast of Cameroon will be destroyed as a deterrent to oil theft. Chief Corporate Communications Officer, NNPCL Garba Muhammad, said in a statement on Monday, that the oil was stolen from a well in south…
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NNPCL, TotalEnergies under heat over alleged deal with US company indicted of bribery
An American company previously indicted for bribery in Nigeria has again been accused of collaborating with officials of the Nigerian National Petroleum Company, NNPCL and TotalEnergies in undermining Nigeria’s local content law and award of a contract for providing a drilling ship at $142k per day higher than that originally awarded. South-South Reawakening Group, SSRG…
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Fuel scarcity: Queues won’t exceed Saturday – NNPC
The Nigerian National Petroleum Company Limited (NNPCL), has said that the fuel queues being witnessed across the country will not exceed Saturday (3rd June).
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NNPCL nabs suspected thieves with over 600 barrels of crude oil
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has intercepted an illegal Crude Oil Barge and arrested six suspected crude thieves in Warri, Delta State.
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NNPCL gives update on AKK gas pipeline project
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow.
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NNPCL spends $1bn so far on AKK gas pipeline project – Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow. The NNPC Limited GCEO, Malam Mele Kyari said this on Monday while touring some of its project