NNPC Limited has affirmed its commitment to supplying crude oil for local refining based on mutually agreed terms and conditions. NNPC Limited debunked recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC and Dangote Refinery. In a statement by Olufemi Soneye, Chief Corporate…
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 gas in the continent. Kyari disclosed this while delivering an address on the theme “Africa’s…
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture … Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have today announced the signing of a new joint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tanker operation serving Nigeria and West Africa’s crude oil, refined product and…
…Talks on Fuel Quality Just Drama, Bad Marketing Antics,  …Insists NNPC Ltd Didn’t Import Products This Year  …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences Society (NMGS)…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) extends its heartfelt condolences to the victims of the tragic petrol tanker explosion that occurred at Dikko-Maje Junction along the Abuja-Kaduna Road in Suleja Local Government Area of Niger State on Saturday. This devastating incident claimed the lives of several individuals who were attempting to scoop fuel…
Dr Doyin Okupe, who served as Spokesman for former President Olusegun Obasanjo and Goodluck Jonathan has apologised to the Group CEO of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, for his dismissal of his leadership and skepticism of the ability of the NNPCL to deliver on its promises. A public statement issued…
That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not in doubt. It is also not difficult to explain why that appears to be the case. He can indeed assert some level of claim/credit for the construction of 2 of Nigeria’s publicly…
The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State has begun operation. Leading some stakeholders and newsmen on a tour of the plant, NNPCL Group CEO, Mele Kyari, expressed delight at the level of work done that has culminated in the recommencement of operations in the refinery. In…
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down. We wish to clarify that such reports are totally false as the refinery is fully operational…
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55%…
