The Nigerian National Petroleum Corporation (NNPC) has advised consumers of Petroleum products across the country not to engage in panic buying as a result of the fire incident which occurred in the wee hours of Saturday July 15 at a tank farm at Calabar Free Trade Zone (CFTZ), in Cross Rivers State.
Continue reading »Tag: NNPC
MEGA FILLING STATION OWNERS VOW TO SHUT DOWN NNPC OVER ALLEGED CORRUPTION
Members of the Association of Mega Filling Station Owners of Nigeria, AMFSON, have concluded plans to shut down headquarters of the Nigerian National Petroleum Corporation, NNPC, Abuja.
Continue reading »NIGERIA’S REFINERIES PRODUCE 5M LITRES OF KEROSENE DAILY, MEETS 60% OF DOMESTIC CONSUMPTION- NNPC
The Nigerian National Petroleum Corporation (NNPC) says it supplies five million litres of Dual Purpose Kerosene (DPK) consumed in the country.
Continue reading »NNPC: CAPITAL OIL HAS REPAID N2BN, STILL OWES N9BN BUT CREDITWORTHY
The Nigerian National Petroleum Corporation (NNPC) Thursday claimed that Capital Oil and Gas Limited owed it an outstanding sum of N9.1 billion resulting from the N11 billion worth of petroleum products allegedly diverted from the latter’s storage facility.
Continue reading »NAVY SEIZES FIVE VESSELS, ARRESTS 76 SUSPECTED OIL THIEVES
The Nigerian Navy says it has impounded five vessels and two metallic barges illegally transporting 1,690 metric tons of diesel, in an operation in Rivers State.
Continue reading »KACHIKWU SEEKS DANGOTE’S SUPPORT IN BUILDING TRUCK TRANSIT PARKS
Minister of State for Petroleum Resources, Ibe Kachikwu, has called for support of business mogul, Aliko Dangote, in building Truck Transit Parks (TTPs) across the country.
Continue reading »NIGERIA FAILS TO ENFORCE BAN ON DIRTY FUEL IMPORTS
The Federal Government’s ban on the importation of dirty fuels into the country failed to come into effect on July 1, 2017 as announced in December last year.
Continue reading »DIESEL PRICE NOW N155/LITRE – NNPC
The Nigerian National Petroleum Corporation says price of diesel has dropped from between N175 and N200 per litre to between N155 and N160 per litre across the country, about 42% drop, within a period of six months.
Continue reading »OIL MARKETERS URGE FG TO PAY OUTSTANDING FUEL SUBSIDY CLAIMS
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy claims to its members to pay back their bank loans.
Continue reading »ALLEGED THEFT OF N11 BILLION PETROL: CAPITAL OIL BOSS IFEANYI UBAH RELEASED
Dr. Ifeanyi Ubah, the managing director of Capital Oil and Gas Limited has been released from DSS’s detention.
Continue reading »FG TO EXECUTE THREE-PRONGED STRATEGY TO END FUEL IMPORTATION BY 2019
To achieve the President Muhammadu Buhari administration’s target of meeting the nation’s needs and end the importation of petroleum products by 2019 which cost the country N3.35 trillion last year, the Ministry of Petroleum Resources is executing a three-pronged strategy.
Continue reading »NNPC FORCES DOWN PRICE OF DIESEL ACROSS NIGERIA BY 42 PERCENT
The Nigerian National Petroleum Corporation, NNPC, on Sunday, disclosed that some of its key strategic interventions have led to a crash in the price of Automotive Gas Oil, AGO, otherwise called Diesel, to between N175 to N200 per litre across the country.
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