Competition between Dangote, NNPC responsible for petrol price drop – IPMAN
Independent Petroleum Marketers Association of Nigeria, IPMAN, has observed that fierce competition between Nigeria's two refineries owned by Dangote and NNPC Limited is responsible for the recent drop in the pump price of premium motor spirit also known as petrol in the country.
Stop importation, we’ve enough fuel for local consumption, Dangote tells NNPC
“I’m not in the business of retail. If I’m in the business of retail then you hold me responsible (for petrol scarcity). But what I’m saying is that the retailers should please come forward and pick. We have 500m litres in our tanks”
Only three bodies recovered, search efforts ongoing – NNPC
The Nigerian National Petroleum Corporation (NNPC) Ltd. has confirmed that only three bodies have been recovered from the wreckage of the helicopter crash in Port Harcourt on Thursday.
Fuel import: We’re settling out of court with NNPC, others — Dangote
Dangote Refinery and Petrochemicals said yesterday it was settling out of court with the Nigerian National Petroleum Company Limited, NNPCL, and six others over import licences granted them by the Nigeria Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to import petrol into the country.
No fresh case filed against NNPC, others – Dangote Refinery
The management of Dangote Refinery has refuted claims that it initiated new legal action against the NNPC and other companies regarding import licenses. This clarification follows recent reports suggesting that the Refinery had filed a lawsuit to invalidate import licenses granted to the NNPC and others. In a statement issued on Monday by Anthony Chiejina, […]
Mass revolt looms over petrol price hike, others, NASU warns
“The irony of the NNPCL is that a state-owned enterprise, neglecting its own refineries, is competing for influence over private-sector output”
NNPCL refutes price agreement with IPMAN, Marketers — Spokesman
The Nigerian National Petroleum Company Limited (NNPCL) has denied claims of a price agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) or any other parties regarding the price of Premium Motor Spirit (PMS), commonly known as petrol.
SPDC, NNPC, others seal gas supply deal for $3.5bn Brass Petrochemical project
By Obas Esiedesa, Abuja Joint Venture partners including SPDC, NNPC Limited, TotalEnergies and Eni have signed a Gas Sales and Purchase Agreement (GSPA) for the $3.5 billion Brass Fertilizer and Petrochemical project in Bayelsa State. A statement by the Ministry of Petroleum Resources on Friday said the signing of the agreement, supervised by the Minister […]
NNPCL chief Mele Kyari loses daughter; Tinubu, Shettima offer condolences
Vice President Kashim Shettima has extended his condolences to Malam Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), following the passing of his daughter, Fatima Kyari.
IPMAN demands N15bn refund from NNPC following petrol deregulation
“Our money has been with the NNPCL for nearly three months, and they are yet to provide the product we paid for. Now, they are asking us to pay the difference”
Lokpobiri denies directing NNPCL to halt refinery operations
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, said he did not direct the Nigerian National Petroleum Company Limited, NNPCL, to stop running its refineries
