NNPC: Petrol Subsidising Cost Hits N19.37/litre
Data obtained from the Petroleum Products Pricing Regulatory Agency on Tuesday showed that the Nigerian National Petroleum Corporation was subsidising the cost of Premium Motor Spirit consumed across the country by N19.37 per litre.
NNPC, on several occasions, had stated...
Fed Govt To Conduct Oil Licensing Round In 2020
The Group Managing Director, Nigeria National Petroleum Corporation, Mr Mele Kyari, has said there will be a licensing round for ultra-deepwater assets next year.
He also urged international oil companies operating in the country to stop worrying...
NNPC, Others Move To Curtail Tanker Fire Mishaps
The Nigerian National Petroleum Corporation, in collaboration with other stakeholders in the petroleum industry, have activated an initiative known as ‘Safe-to-Load’ to mitigate incessant tanker accidents and fire outbreaks across the country.
Stakeholders in the sector held a...
NNPC Expands Pipeline Networks To Meet Domestic Gas Demand
The Nigerian National Petroleum Corporation (NNPC) has said it is expanding and integrating gas pipeline network in the country to meet unprecedented demand of the substance.
The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this...
Fuel Will Be Available During Yuletide, NNPC, Reps Assure Nigerians
The Nigerian National Petroleum Corporation (NNPC), and the House of Representatives have assured Nigerians that there will be no incidence of fuel scarcity during the upcoming Christmas period and even up to the New Year.
The...
NNPC Set To Build Two New Refineries
The Nigerian National Petroleum Corporation has said it is in the process of establishing two new 200,000 barrels-per-day condensate refineries to boost in-country refining capacity.
Unlike the conventional refineries, condensate refineries primarily refine condensate, not crude oil. They often...