OML34: Host Communities Threaten to Shut Down Operations Host communities of Oil Mining Lease 34 in Delta State have vowed to shut down operations over alleged ill-treatment by the management of NNPC E&P Limited and ND Western Ltd Joint Venture. This was contained in a statement...

Subsidy: NNPCL Issues New Price to Marketers The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products. This came about two weeks after the Federal Government announced the removal of fuel subsidy. NNPCL...

FG to Cut Fuel Import From August  The Nigerian National Petroleum Company has confirmed that once the Dangote Refinery starts pumping out refined petroleum products from late July or early August, the NNPCL will cut down on its imports of Premium Motor Spirit, popularly called...

NNPCL Ending Crude Oil Swap Contracts - Kyari   The National Petroleum Company Limited (NNPCL) has said it is winding down crude swap contracts with traders and will pay cash for petrol imports. The Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in an interview...

Fuel Depots Shutdown Amid Scarcity   Motorists, workers and traders were yesterday caught unaware by the sudden reappearance of fuel scarcity across the states and the Federal Capital Territory (FCT). While at some bus stops, hordes of commuters struggled to board commercial buses, many filling stations were...

NNPCL Subsidiary Generates N256bn - Report   The Nigerian National Petroleum Company Retail Limited, a retail subsidiary of the NNPC Limited group, raked in total revenue of N255.6bn in its 2022 financial year, data from the report on key achievements in 2022 by NNPCL downstream directorate...