#Nigerian National Petroleum Company Limited (NNPCL)

[saynaija]

Nigerian Crude Oil Output Rises To 1.6 million Barrels Per Day

Nigerian Crude Oil Output Rises To 1.6 million Barrels Per Day The Group Managing Director (GMD), Nigerian National Petroleum Company Limited (NNPCL) Mr Mele Kyari stated that Nigeria’s crude oil production output had risen to 1.6mbd in July 2024. The GMD who was represented by the Managing Director Pipelines, Mr Folorunsho Karim made the assertion during a Maritime Stakeholders Meeting…

[dietplanssite]

Nigerian National Petroleum Corporation Limited (NNPCL) prepares to finalize $2 billion syndicated loan – report

The Nigerian National Petroleum Corporation Limited (NNPCL) is set to finalize a $2 billion syndicated loan to bring financial stability and finance significant investments in new oil facilities aimed at boosting crude oil production, Africa Intelligence reports. However, this development has sparked curiosity and debate, especially since the state-owned oil company recently announced profits of…

[tracknews1]

Exclusive: Despite Slashing Down Fuel Prices, NNPC Outlets Still Selling for More Than N1,000 Per Litre

Despite the recent price reduction announced by the Nigerian National Petroleum Company Limited (NNPCL), many of its filling stations continue to sell petrol above N1,000 per litre. Joseph Obele, the National Public Relations Officer of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) had disclosed in a statement that NNPCL reduced the ex-depot price of Premium Motor…

[akeliciousmedia]

NNPCL reduces petrol price to N899/litre — PETROAN

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), or petrol, to N899 per litre, down from the previous N1020 for oil marketers. Joseph Obele, spokesperson for the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), confirmed this price cut in a statement on Saturday. According to a…

[emmynet24]

NNPCL Refutes Claims of Port Harcourt Refinery Shutdown

…Port Harcourt Refinery Shutdown The Nigerian National Petroleum Company Limited (NNPCL) has dismissed recent media reports alleging the shutdown of the newly resuscitated old Port Harcourt refinery. Refinery Status Confirmed as Operational In a statement issued on Saturday by the Chief Corporate Communications Officer, Olufemi Soneye, the refinery is described as “fully operational.” Soneye…

[smlblogtv]

Former NNPC Chiefs Confirm Port Harcourt Refinery Is Working

Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Company Limited (NNPCL) have praised the current management team, led by Mr. Mele Kyari, for the impressive rehabilitation of the Port Harcourt Refinery. After an on-site inspection of the facility, they described the transformation as massive. The former GMDs were in Port Harcourt for their regular Former NNPC GCEOs Forum…

[destkelamedia]

Dangote Refinery Refutes  Liquidity Crisis, Rejects $1bn NNPCL Loan Claims

The Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked recent assertions suggesting it relied on a $1 billion loan from the Nigerian National Petroleum Company Limited (NNPCL) to address financial constraints. According to the refinery’s Chief Branding and Communications Officer, Anthony Chiejina, such reports are gross misrepresentations of the facts. In a statement issued on…

[polityreporters]

NNPCL, Dangote Refinery Resume Fight Over $1bn Loan

NNPCL, Dangote Refinery Resume Fight Over $1bn Loan

Dangote Group, owners of Dangote Refinery, and the Nigerian National Petroleum Company Limited, NNPCL, have clashed over a $1 billion crude oil-backed loan. Recall that barely 24 hours ago, in a statement credited to NNPCL spokesperson Olufemi Soneye, the state-owned oil firm said it secured a $1 billion loan backed by crude to support the Dangote Refinery during liquidity challenges. However,…

[saynaija]

Economic Sabotage: Senate Invites Dangote, NNPCL, CBN, NIMASA, Others

Economic Sabotage: Senate Invites Dangote, NNPCL, CBN, NIMASA, Others The Senate has revealed plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote Group, and Minister of State for Petroleum, Heineken Lokpobiri among others, for questioning over alleged economic sabotage in the country’s petroleum…

[gurutrends]

Conversion Units At Port-Harcourt Refinery Yet To Work, Can't Produce Gasoline, Jet Fuel Despite NNPCL's $2.9billion For Repair

The Conversion Units of the Port-Harcourt Refinery of the Nigerian National Petroleum Company Limited (NNPCL) which are responsible for high-value products such as jet fuel and gasoline are not functional, despite the claims by the NNPCL Group Managing Director, Mele Kyari that the facility was back and running, SaharaReporters has gathered. The Conversion Units comprise of the catalytic…

[tracknews1]

NNPCL Reduces Petrol Ex-Depot Price To ₦899/Litre

The Nigerian National Petroleum Company Limited (NNPCL) has reduced its ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,020 to ₦899 per litre. This development was confirmed by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) days after the Dangote Refinery set its price at ₦899 per litre, intensifying competition in the deregulated…

[akeliciousmedia]

NNPC Secures $1bn Loan to Support Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Federal Government, through the company, took out $1 billion loan to assist the Dangote Refinery when it faced financial difficulties. Olufemi Soneye, NNPC’s Head of Corporate Communications, made the announcement during the Energy Relations Stakeholder Engagement in Abuja. Soneye praised the leadership of Mallam…

[smlblogtv]

NNPC Did Not Give Us $1 Billion Loan – Dangote Refinery Clarifies

The management of Dangote Group has said Nigeria National Petroleum Company Limited (NNPCL) misled Nigerians with a claim that it aided Dangote Refinery with a $1 billion crude-backed loan. The Group Chief Branding and Communications Officer, Anthony Chiejina, said contrary to NNPC’s account, the $1 billion was an investment to Dangote Refinery. In a statement on Wednesday, Chiejina explained…

[rovingnaija]

NNPCL Partners With Stakeholders to Develop Nigerian Football

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to work closely with stakeholders in the sports sector to develop and commercialise the game of football in Nigeria. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Mele Kyari, made the commitment while receiving a delegation from the National Sports Commission, the International Management Group (IMG) and…

[polityreporters]

NNPCL Confirms Port Harcourt Refinery Is Over 90% Completed

NNPCL Confirms Port Harcourt Refinery Is Over 90% Completed

The Nigerian National Petroleum Company Limited, NNPCL, says the new Port Harcourt refinery is over 90 per cent completed. The Group Chief Executive Officer of the NNPCL, Mele Kyari, stated this on Monday when labour leaders from the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, visited the facility in Rivers State. Recall that after a long delay involving at least seven missed…

[freebornabraye]

Stakeholders Pours Encomium On NNPCL, Tantita Security Services, As Nigeria’s Oil Production Skyrockets To 1.8 Million Barrels Per Day

We Remain Commited To Attainment Of Over 2million Barrels Per Day __Tantita Security Services Nigeria Limited By Freeborn Abraye Ecomiums have been pouring in for Nigerian National Petroleum Company Limited (NNPCL) and a private security outfit, Tantita Security Services Nigeria Limited (TSSNL) as the nation’s crude oil production hit 1.8 millions barrels per day (1.8m bpd) The board and…