NNPCL Projects Savings of N367bn from Local Refining Yearly  The Nigerian National Petroleum Company Limited has announced that the domestic refining of crude oil into Premium Motor Spirit, commonly called petrol, will save the country about N367.2bn annually. NNPC’s Group Chief Executive Officer, Mele Kyari, explained...

NNPCL: Buhari Approves N1.9tr to Reconstruct 44 Federal Roads President Muhammadu Buhari has approved N1.9 trillion for the Nigerian National Petroleum Corporation Limited, to invest in reconstruction of 44 federal roads under the tax credit policy. Media Assistant, Media and Publicity (Office of the Vice President),...

NNPC Prospects for Oil in North – Report The Nigerian National Petroleum Company Limited says it is prospecting for crude oil in more locations across the north as part of measures to shore up the country’s oil output and reserves. After discovering the commodity in Bauchi...

Fuel Queues May Persist At Major Marketers’ Outlets, Says IPMAN   Oil marketers have said fuel queues at filling stations across the country may persist if consumers and motorists’ continue to buy the product at selected filling station dispensing the product below N200/litre. The National Operations Controller,...

NNPCL Plan N148/litre, Tinubu Insists on Subsidy Removal The Nigerian National Petroleum Company Limited is planning to sign an agreement with independent oil marketers to ensure that the ex-depot price of petrol is N148/litre. The National Controller, Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, ...

Oil Earnings Rise By N308.6bn In Two Months   Nigeria’s crude oil earnings rose by about N308.6bn within two months following the recent increase in the country’s oil output due to concerted efforts by the Nigerian National Petroleum Company Limited (NNPCL) and security agencies to halt...