The Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari has disclosed that he went from being an Almajiri school pupil to becoming the head of the national oil company. Kyari stated this on his X handle, @MKKyari, on Wednesday as he celebrated his 60th birthday. He expressed profound gratitude to…
A report by the office of Nigeria’s Auditor-General has indicted the Nigerian National Petroleum Company Limited (NNPCL) for alleged misappropriation of funds and diversion of revenue meant for the Federation in 2021. The indictments are contained in the 2021 Auditor-General’s annual report published in November 2024. The 558-page report was recently submitted to the National…
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says the 150,000 barrels per day (bpd) Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul, designed to meet world-class standards. The company said the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical Turnaround Maintenance (TAM) of…
BREAKING: 125,000 bpd Warri Refinery Begins Operation (VIDEO) The 125,000 barrel per day Warri Refinery has begun operation, GISTSMATE MEDIA reports. This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during a tour of the facility on Monday. Before the tour of the facility began,…
The Nigerian National Petroleum Company Limited (NNPC Ltd), weekend, said employment, promotions, appointments, and movements of business leaders are not influenced by ethnicity, tribe, religion, or political affiliation. The Chief Corporate Communications Officer, CCCO, NNPCL, Olufemi Soneye, said merit, business requirements, and expertise remain the considerations. Reacting to concerns raised in Farooq Kperogi’s recent article…
The Nigerian National Petroleum Company Limited (NNPCL) has reduced its ex-depot price of Premium Motor Spirit, commonly referred to as petrol, from N1,020 to N899 per litre. This decision, which was confirmed by the Petroleum Products Retail Outlets Owners Association of Nigeria in a statement released on Saturday, comes days after the Dangote Refinery reduced…
The Nigerian National Petroleum Company Limited (NNPCL) has denied claims in media reports that the newly refurbished Port Harcourt refinery has shut down. The national oil company denied the claim in a press release issued by its Chief Corporate Communications Officer, Olufemi Soneye, on Saturday. Soneye said the claim was false and urged the media…
The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as petrol across its retail outlets. According to Tribune Online correspondent who visited the NNPCL retail outlets in Ibadan observed that petrol, which was sold between N1,025 to N1,040 per litre, has been reduced to N1,015…
The Nigerian National Petroleum Company (NNPC) has begun the export of petrol from the Port Harcourt Refinery to Dubai, shunning the local market. The Port Harcourt Refinery which began operations in November following rehabilitation shipped its first export of petroleum products to Dubai, with the company expected to load the cargo onboard the Wonder Star…
In a shocking turn of events, the Port Harcourt Refining Company (PHRC) has inexplicably ceased crude oil processing, merely days after the Nigerian National Petroleum Company (NNPC) Ltd proudly declared the re-streaming of the refinery. A diligent reporter who visited the refinery on Friday observed that the facility was eerily inactive, with no discernible signs…