NNPCL Archives — City Business News

March 19, 2025 No Responses

DANGOTE SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The management of Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira.In a statement issued on Wednesday, the company explained that the decision is necessary to avoid a “mismatch between our sales proceeds and our c...

March 12, 2025 No Responses

NNPC Woos Global Investors, Harps On LNG Train7 Project, Others

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the...

March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the r...

March 10, 2025 No Responses

NNPC Reacts To Fresh Controversy On Naira Crude Contract With Dangote Refinery

NNPC Limited has noted recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery.To clarify, the contract for the sale of crude oil in Naira...

February 25, 2025 No Responses

Kyari At NIES 2025, Explains NNPC’s Charge Towards Gas Infrastructure Expansion

The Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognizes Africa as the next destination of providing greater support to the global energy market, recognizing Nigeria’s position as the largest producer of oil and...

February 25, 2025 No Responses

NNPC Shipping, Stena Bulk, Caverton Unveil New Joint Venture

The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited on Tuesday announced the signing of a new joint venture that will transform Nigerian maritime transportation.The agreement, signed in London last week, aims to cre...

February 8, 2025 No Responses

NNPCL: No Explosion At Warri Refinery

The Nigerian National Petroleum Company Limited (NNPC) has described as false report of an explosion at the Warri refinery. According to NNPCL, Warri refinery is currently loading eight trucks of diesel and kerosene per day. A statement issued by the...

February 7, 2025 No Responses

Senate Probes Oil Spill In Rivers

The Senate has directed an urgent investigation into the cause of a recent fire outbreak and oil spill from Manifold Well 8/ Bug 008 in OML 18, Buguma area of Rivers State. This followed a motion raised by Senator Harry...

January 6, 2025 No Responses

SERAP To NNPCL: Account For N825b, $2.5b For Refinery Repairs

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari to “account for and explain the whereabouts of the alleged missing N825bn and $2.5...

January 3, 2025 No Responses

NNPCL Invites Obasanjo For Tour Of PH Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has invited ex-President Olusegun Obasanjo to tour the Port Harcourt Refinery. According to a statement on Thursday, the NNPCL said the move was for Obasanjo to verify the operational status of...

December 30, 2024 No Responses

Warri Refinery Goes Live

The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running.This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during...

November 30, 2024 No Responses

NNPCL: Port Harcourt Refinery Yet To Begin Bulk Sales

The Nigeria National Petroleum Company Limited (NNPCL) says the Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal, as essential processes are still being finalized. In a statement on Friday, NNPCL Chief Corpor...

November 27, 2024 No Responses

Tinubu Tasks NNPCL On Reactivation Of Other Refineries

President Bola Tinubu has extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited (NNPCL) on the successful revitalisation of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on Tuesd...