All posts tagged "NNPC"
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NEWS November 27, 2024Port Harcourt Refinery Set to Lower Fuel Prices and Create Jobs, Say Experts
The recent restart of operations at the Port Harcourt Refining Company is expected to have a major impact on Nigeria’s oil and gas sector, with experts...
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NEWS November 26, 2024Tinubu Hails Port Harcourt Refinery Revival, Calls for Reactivation of Warri and Kaduna Refineries
President Bola Tinubu has congratulated the Nigeria National Petroleum Company (NNPC) Limited on the successful revitalization of the Port Harcourt Refinery. In a statement released by...
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NEWS November 26, 2024Port Harcourt Refinery Begins Fuel Production After Years of Delay
Port Harcourt, Nigeria — After years of setbacks and seven missed deadlines, the Port Harcourt refinery has officially commenced fuel production. The Nigerian National Petroleum Company...
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NEWS November 26, 2024NNPC, Customs, FIRS Exceed Revenue Targets, Generating N37 Trillion in 2024
Nigeria’s leading revenue-generating agencies—the Nigerian National Petroleum Company (NNPC), Nigeria Customs Service (NCS), and Federal Inland Revenue Service (FIRS)—have surpassed expectations, collectively generating N36.95 trillion in...
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NEWS November 26, 2024National Assembly Questions Loan Request as Nigerian Agencies Exceed Revenue Targets
National Assembly raised concerns on Monday regarding President Bola Tinubu’s ongoing request for foreign loans, following revelations that key revenue-generating agencies of the federal government have...
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NEWS November 21, 2024Dangote Refinery Resumes Crude Oil Imports from the US
Dangote Refinery has resumed importing crude oil from the United States to enhance its refining capacity and production output. According to a Bloomberg report, the refinery...
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NEWS November 14, 2024NNPC Surpasses Gas Production Goals, Reaches 1.8 Million Barrels of Crude Daily
The Nigerian National Petroleum Company (NNPC) Limited has surpassed its ambitious gas production goal, reaching an output of 7.4 billion standard cubic feet per day (bscfd)...
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NEWS November 12, 2024NNPC Shifts to Domestic Refineries, Ends N24 Trillion Fuel Imports
The Nigerian National Petroleum Corporation (NNPC) has officially halted its N24 trillion fuel imports, now sourcing all its fuel needs directly from domestic refineries, including the...
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NEWS November 8, 2024Oil Marketers Respond to Dangote Refinery’s Off-Spec Petrol Claims
Oil marketers have issued a strong response to allegations made by Dangote Petroleum Refinery regarding the importation of off-spec petrol into Nigeria. The marketers affirmed that...
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NEWS October 12, 2024Dangote Set to Launch Crude Oil Production Soon
The Dangote Group, known for its ambitious Dangote Refinery, is poised to begin crude oil production shortly. Reports from S&P Global Commodity Insights indicate that the...
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NEWS October 11, 2024Direct Fuel Access: FG Grants Marketers Permission to Source Petrol from Dangote Refinery
The Federal Government has approved a significant change allowing petroleum marketers to lift petrol directly from the Dangote refinery, eliminating the need to go through the...
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NEWS October 9, 2024NNPC Fuel Price Soars to N1,030 as Exclusive Deal with Dangote Refinery Ends
Fuel prices at Nigerian National Petroleum Company (NNPC) outlets have jumped to N1,030 per liter, following the end of an exclusive supply agreement between NNPC Limited...
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NEWS September 30, 2024Soaring Transportation Costs Drive Nigerian Workers to Resignation
Recent government policies, especially the hike in fuel prices, have drastically affected the lives of many Nigerians. The Nigerian National Petroleum Company Limited has increased petrol...
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NEWS September 25, 2024Niger Delta Group Urges Kyari to Fulfill Promise of Port Harcourt Refinery Operation by September
The Coalition of Niger Delta Youths on Energy Reforms and Transparency in the Oil and Gas Sector has called on the Group Chief Executive Officer of...
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NEWS September 23, 2024Dangote Refinery and IPMAN to Discuss Direct Petrol Lifting and Price Reduction Strategy
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to engage in critical discussions with Dangote Refinery this week, focusing on the direct lifting of...