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How Russia-Ukraine Crisis Takes Its Toll on Nigeria’s Crude export-NNPC ltd

  …..Affects Inflow into International Markets …..Says export to India reduced by more than 50%from 250,000 bpd to 120,000 bpd since 2022 ..crude flow...

NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade

…As Export of Two 950,000 barrels Cargoes Commences The NNPC/ Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into...

Our target is to refine 2m barrels per day before year ends – Lokpobiri

Says NNPCL should be held responsible for failure The Minister of State for Petroleum Resources, Heineken Lokpobiri, has said that the target of the ministry is to...

NNPCL appoints Soneye as Chief Corporate Communications Officer

The Nigerian National Petroleum Company Limited (NNPC Ltd) has appointed Mr Olufemi Soneye as its Chief Corporate Communications Officer. The NNPC Ltd management said in...

FG has stopped paying fuel subsidy says Kyari

  The Federal Government is no longer paying subsidy on Petroleum Motor Spirit (PMS), popularly known as petrol, the News Agency of Nigeria (NAN) reports. The Group...

Fuel scarcity:Group calls for sack of NNPCL MD,Kyari

  A northern-based civil society organisation, the Mega National Movement for Good Governance, has expressed concern over the sudden scarcity of Premium Motor...

NNPCL announces senior management changes

  The Nigerian National Petroleum Company Limited ,NNPCL, has announced Senior Management changes. This is contained in a statement signed by Garba Deen...

Nigeria’s refining capacity drops to 6000 barrels per day

  An indication of why Nigeria continue to import larger portion of it’s petroleum needs emerged Wednesday as data obtained from the Organisation of the...

Nigeria refining capacity drops to 6000 bpd says OPEC

  An indication of why Nigeria continue to import larger portion of it’s petroleum needs emerged Wednesday as data obtained from the Organisation of the...

NNPCL: Court reverses Ararume’s sack

...Awards him N5bn The Federal High Court, Abuja, has declared the sack of Sen. Ifeanyi Ararume as Non-Executive Chairman of the Nigeria National Petroleum Company...