NNPC Ltd/Chevron JV Concludes Conversion of Assets into PIA Terms …As Partners Eye JV’s 165,000 bopd Oil Production Target by Dec 2024 In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron […]
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Fuel Scarcity: NNPC not sole distributor of Dangote Refinery products — Mgt By Our Correspondent THE NNPC Ltd, has denied being the sole distributor of Dangote Refinery petroleum products. According to the company, which noted that the pricing of petroleum products is determined by market forces, said recent changes in petrol prices have no impact
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PMS Prices are Determined by Free Market Forces—NNPC Ltd The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry
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Warri/Kaduna Refinery: NNPC Ltd Targets Sustained Production with New Maintenance & Compliance Measures The Nigeria National Petroleum Company Limited, NNPC Ltd, is set to ensure sustained production and enhance refining quality at its Warri and Kaduna plants. The global energy player will also be adopting new maintenance and compliance measures, as well as deploying
NNPC Launches Vision First Programme in Ilaje Community, Lagos … Over 1,000 Individuals Receive Free Eye-care Services The NNPC Ltd has flagged off the third edition of the Vision First Programme, as part of comprehensive community-focused healthcare outreach targeted at the Ilaje community and its environs in Bariga, Lagos State. The Vision First
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NNPC has not been paying fuel subsidy to oil marketers — CFO By Eyo Nsima Contrary to speculation, the NNPC Ltd, a dynamic global energy company with businesses and operations across the entire spectrum of the energy value chain, yesterday, said it has not been paying fuel subsidy to oil marketing companies. Speaking at the
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We’re Not Selling Employment Slots, NNPC Ltd Warns The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has called on members of the public, especially jobseekers, to discountenance rumours of employment slots for sale. The company states that there is no iota of truth in the insinuations that it has employment slots on offer to
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We still can’t secure our full crude requirement from NNPC-Dangote insists The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimization of its refinery from the Nigerian National Petroleum Corporation Limited (NNP). The Refinery Management, in a release signed by, Group Chief, Branding and
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Economic Sabotage: Count us Out — NNPC Ltd The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage. Kyari, who was addressing the Senate Ad-Hoc Committee
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DANGOTE REFINERY: CIVIL SOCIETIES TO MONITOR CRUDE SALES COMPLIANCE BY NNPCL …To set up Situation room in Abuja A coalition of Civil Society Organizations (CSO) at the weekend said it would set up a situation room to monitor the compliance of the Nigeria National Petroleum Corporation Limited (NNPCL) to the presidential directive to sell crude
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