NNPC Archives — Page 3 of 14 — City Business News

August 16, 2023 No Responses

Nigeria Denies fresh Agenda To Reintroduce Fuel Subsidy

President Bola Tinubu has no plans to reintroduce any form of fuel subsidy or reverse the deregulation policy, the Federal Government declared on Tuesday. The clarification is contained in a tweet issued by the Senior Special Assistant to the President...

July 19, 2023 No Responses

NNPC Explains Increase In Fuel Price

The Nigerian National Petroleum Company Ltd, has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the market realities. The company’s Group Chief Executive Officer, Malam Mele Kyari, stated this in an interview...

June 1, 2023 No Responses

NNPCL Confirms Petrol Pump Price Increase

The Nigerian National Petroleum Company NNPC Limited (NNPCL) has confirmed the increase in the pump price of premium motor spirit (PMS) popularly known as petrol in its retail outlets across the country. The national oil firm, in a statement signed...

March 7, 2023 No Responses

NNPC Replaces Eroton As Operator Of OML 18

The management of Nigerian National Petroleum Company (NNPC) Limited has replaced Eroton Exploration and Production Limited as the new operator of oil mining lease (OML) 18. The Chief Corporate Communications Officer, NNPC Ltd, Mr Garbadeen Muhammad,...

February 8, 2023 No Responses

NNPCL Begins Direct Supply Of Petrol To IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday disclosed that the management of the Nigerian National Petroleum Company Ltd. (NNPCL) has allocated petrol to its members directly to ease scarcity. Mr Chinedu Okoronkwo, the N...

February 1, 2023 No Responses

NNPC Takes Over Addax Petroleum’s PSC Assets

The Nigeria National Petroleum Company Limited (NNPCL)has taken over the operation of Production Sharing Contract (PSC) assets from Addax Petroleum Development Nigeria Limited. The NNPCL Chief Corporate Communications Officer, Garba Deen Muhammad, explai...

January 28, 2023 No Responses

Fuel Scarcity Worsens, Bites Harder In FCT

Residents and motorists in the Federal Capital Territory (FCT) and its environ have continued to lament the hardship being experienced as scarcity of Premuim Motor Spirit (PMS), known as petrol worsened. A correspondent of the News Agency of Nigeria (NAN...

January 19, 2023 No Responses

NNPC Secures FEC’s Approval To Invest N1.9tri In 44 Federal Roads

The Federal Executive Council(FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest N1.9 trillion in the reconstruction of 44 federal roads under the tax credit policy. The council gave the app...

December 9, 2022 No Responses

NNPC Disburses N15b For Lagos-Badagry Expressway Reconstruction

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme. The N15 billion represents a 100 per c...

October 22, 2022 No Responses

TotalEnergies/NNPC Joint Venture Donates Relief Materials To Flood-Affected Communities In Rivers

Joint Venture partners, TotalEnergies (Exploration and Production) Nigeria Ltd. and the NNPC donated relief materials to their Oil Mining Lease (OML) 58 host communities in Rivers on Friday. The communities were devastated by recent floods. Mr Guil...

October 2, 2022 No Responses

NNPC Acquires OVH Energy Marketing Assets

The Nigerian National Petroleum Company Limited (NNPC LTD.) has completed the acquisition of OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated Network Expansion (ANEX) Initiative. Unveiling the acquisition on Saturday in Abuja, Sen. M...

September 8, 2022 No Responses

NIRSAL, NCC, NCDMB, NNPC, NLNG, NPA, Others Back 2022 GOCOP Conference

The sixth annual conference of the Guild of Corporate Online Publishers (GOCOP) has continued to gain traction across sectors with partnerships being forged among key institutions in the country. Chairman, 2022 Conference Committee, Mr. Ken Ugbechie, disclosed...

May 25, 2022 No Responses

Photo News

L-R: Abdulkadir Ahmed, Managing Director, NLNG Ship Management Ltd; Bala Wunti, GGM, NAPIMS; Philip Mshelbilia, MD/CEO, NLNG; Mele Kyari, GMD, NNPC; Adokiye Tombomieye, GED Upstream, NNPC; and Olalekan Ogunleye, Deputy MD, NLNG at the ongoing World Gas Congres...

May 15, 2022 No Responses

Oilserv Targets Takeover Of Moribund NNPC Pipelines

An indigenous Engineering Procurement and Contract (EPC) company, Oilserv Limited has concluded plans to bid for all moribund Nigerian National Petroleum Company (NNPC) pipeline distribution systems. Group Chairman, Oilserv, Mr Emeka Okwuosa in an interv...