Oil production nears 1.7mbpd – NNPC
From 1.28 million barrels per day in April, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says Nigeria’s oil production was inching towards 1.7mbpd as of Saturday. This is as the NNPCL boss hinted…
NNPC signs deal to construct 100,000bpd plant within Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a contract with African Refinery Port Harcourt Limited (ARPHL) to build 100,000 barrels per day, bpd, refinery within the Port Harcourt Refinery and Petrochemical Complex in Rivers state. In a…
35 oil firms face probe over environmental pollution
The Joint Committee of the House of Representatives, on Wednesday, summoned 35 oil companies, as well as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, for questioning over environmental degradation caused by the activities…
Port Harcourt refinery begins operations
The Federal Government, on Thursday, confirmed the commencement of operations at the Port Harcourt Refining and Petrochemical Company in Rivers State. It announced that the facility commenced operations on December 20, 2023, as the first phase of work at the…
Pipeline repairs gulp N34.47bn in 18 months – Report
With the challenge of pipeline vandalism lingering in the country, the Nigerian National Petroleum Company Limited spent almost N34.47bn to repair and manage pipelines in 18 months. The latest Oil and Gas Report released by the Nigerian Extractive Industries Transparency…
We Have No Intention To Hike Fuel Pump Price – NNPCL Breaks Silence
The Nigerian National Petroleum Corporation Limited has debunked claims making the round over an upward review of fuel pump prices nationwide. Report has it that NNPC Limited disclosed this in a statement on Monday. The Company’s reaction is coming amid…
Why we increased pump price to over N600/Litre – Petrol Marketers
The Independent Petroleum Marketers Association of Nigeria (IPMAN) said the pump price of petrol was increased from N500 to over N617 in order to remain in business. IPMAN President, Chinedu Okoronkwo stated this while speaking in an interview on Channels…
FG Sets Vessel Of Stolen Crude Oil Ablaze In Delta, Warns Bunkerers, Investors
Operatives of Tantita Security Limited and Nigerian National Petroleum Company have set ablaze, a vessel ladened with 150,000 litres of stolen crude oil in Delta State. Report has it that the vessel, MT TURA II(IMO Number:6620462) with Registration Number, RC…
NNPCL Intercepts Vessel With 800,000 Litres Stolen Crude Oil
A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by the Nigerian National Petroleum Company Ltd. (NNPC Ltd). Report indicates that the vessel and its crew members were apprehended on…
NNPC intercepts vessel with 800,000 litres of stolen crude oil
THE NNPC Limited, yesterday, said it has intercepted a vessel with 800,000 litres of stolen crude oil. The vessel – MT TURA II (IMO number: 6620462) – belonging to Holab Maritime Services Limited, was apprehended offshore with the Captain and…