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NNPCL, Aiteo Launch Nembe Crude Oil Grade

The Nigerian National Petroleum Company Limited (NNPCL) and Aiteo have jointly introduced the Nembe crude oil grade. The announcement was made at the Argus European Crude Conference in London, with Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, delivering the news on Wednesday,
November 8, 2023
NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says
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Nigeria’s NNPC Ends Crude Swap For Cash

The Nigerian National Petroleum Company Limited (NNPCL) has ended the crude oil swap deal and adopted cash tenders for fuel procurement. The move, as reported by Reuters, signifies a departure from a decade-old practice aimed at eliminating costly fuel subsidies and bolstering
October 13, 2023
Dangote Refinery Has Right Of First Refusal To Nigeria's Crude Oil - NNPC
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NNPCL’s Bizarre Crude Oil Importation

Last week had two contrasting news from two institutions that reflected two highly contrasting tales of resource management. One institution comes within the context of abundance and crass economic profligacy. The other comes within the context of imposed economic depression, but extraordinary
September 30, 2023
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