Nigerian National Petroleum Corporation (NNPC)
Naira-for-crude deal still in place as NNPCL sells 84 million barrels to Dangote Refinery
Though the six-month naira for crude deal is soon to come to an end, the policy framework on which it is based is still in place, and supply will continue.
Petroleum product marketers kick against monopoly as Dangote, NNPC engage in price war
The Petroleum Product Retail Outlets Owners Association of Nigeria (PETROAN) has asked industry regulators to allow them to continue to import products.
NNPC begins new negotiations with Dangote Refinery, clarifies end of naira for crude oil deal
The Nigerian National Petroleum Company Limited has provided clarification to its naira to crude swap agreement with Dangote refinery and other local refineries.
NNPC breaks silence as its naira-for-crude deal with Dangote refinery, others ends
The Nigerian National Petroleum Company (NNPC) Limited has provided an explanation as its naira for crude deal with Dangote petroleum refinery, others ends.
Lawmakers summon Conoil, Heirs Holdings, 26 others over $1.2 trillion debt
Seven out of these companies have acknowledged their debts and promised to pay up in a few months, but the others refused to appear before the commitee.
Operators continue loading despite FG’s ban on 60,000-litre fuel tankers, details emerge
The federal government issued a ban on heavy-duty fuel trucks from 60,000litres and above. Two weeks into the ban, the trucks are still loading with the product.
NNPC discovers new oil well in Nigeria, speaks on plan to boost production
A major hydrocarbon discovery has been made in the Songhai Field by the Joint Venture of NNPC Limited and FIRST Exploration & Petroleum Development Company Limited.
Marketers, others import N3.3trn petrol in three months despite reduced prices by Dangote, NNPC
Petroleum product marketers and importers brought in petroleum products worth N3.3trn in the last quarter of 2024, indicating continued reliance on imported fuel
FG grants NNPC, Shell, 4 others licences for gas distribution
Axxela, NIPCO, Central Horizon Gas Company, Falcon Corporation, NNPC Gas Marketing, and Shell Nigeria Gas Limited have been licenced for gas distribution.
Nigerian National Petroleum Corporation (NNPC)
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