A group of petroleum tanker owners in Nigeria under the auspices of the Association of Distributors and Transporters of Petroleum Products (ADITOP) has commended the Nigerian National Petroleum Corporation (NNPC) for its unrelenting efforts to bring sanity into the downstream sector of the oil industry.
The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining Lease (OML) 143 Gas Development Agreement (GDA) by the NNPC and its partner, Sterling Oil Exploration and Production Company (SEEPCO).
The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the country.
The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021.
The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with the signing of the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the rehabilitation of the 210,000 barrels per day capacity Port Harcourt Refinery in Alesa-Eleme, Rivers State.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari for giving the Corporation’s Management free-hand to deliver on its mandate, saying that he remains the only president that has never interfered in the operations of the Corporation
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.
The Management of the Nigerian National Petroleum Corporation (NNPC) wishes to condemn in the strongest term possible, the unwarranted attack on the well-conceived and appropriately articulated rehabilitation programme of the nation’s refineries by some nondescript characters under the questionable cognomen of “Buharites Solidarity Project” just to attract undue attention and relevance.
The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country.
The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively and wishes to clarify that although there was a slight increase in the price based on the prevailing realities of market forces of demand and supply, the correct prices, as can be seen on PPMC’s “Customer Express” platform (online portal for procurement of petroleum products) are: Ex-Coastal Price – N128, and Ex-Depot Price (with collection) – N153.17.