NNPCL Deny Dealing with Adulterated Petrol The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said it does not deal with adulterated petrol. NNPCL Chief Corporate Communications Officer, Olufemi Soneye, disclosed this in a statement. “NNPC Retail Ltd does not deal in adulterated products as it adheres...

Petrol Landing Cost Drops as Naira Appreciates   The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria (MEMAN) on Monday. The drop...

$6.8bn Debt: NNPC Admission Sparks Integrity Concerns   The Nigerian National Petroleum Company Limited (NNPCL) recently shocked many Nigerians when it admitted owing petrol suppliers. The masses were not surprised that the company was in debt; rather, they found it difficult to believe that after months...

NNPC: Transparency and Open Communication Imperative By Umar Farouk Bala After months of denying responsibility, the Nigerian National Petroleum Company (NNPC) finally acknowledged that it had accumulated significant debts to its international fuel suppliers amidst prolonged petrol shortages and skyrocketing prices of Premium Motor Spirit (PMS). The...

Our Ability to Sustain Fuel Supply Under Threat – NNPCL The ongoing scarcity of petrol, seems far from over as the Nigerian National Petroleum Corporation Limited (NNPCL) has said its ability to sustain fuel supply is under threat. Chief Corporate Communications Officer of the NNPCL, Olufemi...

NNPCL Launches New Crude Oil Grade, Targets 50,000bpd   The Nigerian National Petroleum Company Limited (NNPC) yesterday announced the introduction of Utapate crude oil blend, a new crude grade into the international oil market. The new blend is from Oil Mining Lease (OML) 13 and is fully...