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NNPC News - Page 11

NNPC Denies Plans To Increase Fuel Price

NNPC Retail Assures 30-Day Fuel Supply, Prices Drive Commuters To Alternatives

In a bid to allay fears of fuel shortages, NNPC Retail, a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has reassured Nigerians of a 30-day fuel supply. However, the surge in fuel prices has pushed commuters to explore alternative transportation

October 19, 2023

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

Oil marketers in the country under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Limited (NNPCL) of twisting the facts as regards the reintroduction of fuel subsidy. This was as they wondered what

October 11, 2023

NNPCL Denies Inflating Fuel Subsidy Payments

News·Oil & Gas

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed allegations of favoritism in awarding oil pipeline contracts, asserting that the process was transparent and adhered to international standards. Addressing the allegations, NNPCL’s management stated that media reports on that are false, and

October 9, 2023

Business·News·Oil & Gas

NEC Confirms $3 Billion Loan For Crude Oil To Stabilize Naira

In a significant development, the National Economic Council (NEC) has given the green light to the $3 billion emergency loan-for-crude oil secured by the Nigerian National Petroleum Company (NNPC) Limited back in August. The purpose? To bring stability to the beleaguered naira,

September 30, 2023

News·Oil & Gas

NCDMB, NNPC, IOCs Sign Agreement, Target 6 Months Oil Industry Contract Cycle

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPC Ltd) and five international oil-producing companies. The goal is to quickly

September 25, 2023

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

News

Why We Retired Management Staff Less Than 15 Months To Retirement – NNPCL

Nigeria National Petroleum Company Limited (NNPCL) has announced the exit of some management staff with less than 15 months to statutory retirement. The mandatory retirement takes effect from Tuesday, 19 September 2023. READ ALSO: Breaking: NNPCL Signs MoU On Gas Supply With Indorama

September 19, 2023

Business·News·Oil & Gas

Forex Woes, Price Controls Cede Petrol Importation to NNPCL

Independent petroleum marketers have been forced to relinquish their initial foray into petrol importation due to the dual challenges of restricted access to foreign exchange (forex) and stringent price controls. The Nigerian National Petroleum Company Limited (NNPCL) has now emerged as the

September 4, 2023

Business·Oil & Gas

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

The Chairman of Satellite Depot, Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos, Akin Akinrinade, said the retail stations owned by the Nigerian National Petroleum Company (NNPC) Limited don’t have fuel to sell. Akinrinade stated that fuel scarcity is affecting both the

September 1, 2023

Business·Oil & Gas

Nigeria Records 164 Crude Oil Theft Incidents In One Week

The Nigerian National Petroleum Company (NNPC) Limited revealed that between 19 to 25 August 2023, about 164 crude oil theft incidents were recorded amid declining oil output. Of the total crude oil theft, 49 cases of unauthorised refineries were discovered, 41 illegal

August 30, 2023

Tinubu Sets Up Committee To Tackle Flood Crisis

Business

Tinubu To Sell Stakes In NNPC, 19 Other Gov’t Entities

President Bola Tinubu is considering selling a stake in the Nigerian National Petroleum Company (NNPC) Limited and 19 other national assets or entities. Tinubu is looking to raise capital from the sale of the stakes to finance his administration’s projects and reduce

August 16, 2023

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NNPC News - Page 11

NNPC Retail Assures 30-Day Fuel Supply, Prices Drive Commuters To Alternatives

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

NEC Confirms $3 Billion Loan For Crude Oil To Stabilize Naira

NCDMB, NNPC, IOCs Sign Agreement, Target 6 Months Oil Industry Contract Cycle

Why We Retired Management Staff Less Than 15 Months To Retirement – NNPCL

Forex Woes, Price Controls Cede Petrol Importation to NNPCL

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Nigeria Records 164 Crude Oil Theft Incidents In One Week

Tinubu To Sell Stakes In NNPC, 19 Other Gov’t Entities

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