LAGOS JANUARY 3RD (NEWSRANGERS)-The Nigerian National Petroleum Company Limited, NNPCL, says the 150,000 barrels per day, bpd, Port Harcourt Refinery and Kaduna Refinery are currently undergoing a total overhaul designed to meet world-class standards. According to the NNPCL, the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical…
LAGOS JANUARY 2ND (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPCL) has extended an invitation to former President Olusegun Obasanjo for a tour of the Port Harcourt Refinery to verify its operational status. This development follows Obasanjo’s recent interview with Channels Television, where he cited advice from Shell Petroleum Development Company (SPDC) suggesting the refinery would…
LAGOS NOVEMBER 14TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revived up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the…
LAGOS OCTOBER 9TH (NEWSRANGERS)-Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri Ph.D. has denied report making the rounds that he directed the Nigerian National Petroleum Company Limited (NNPCL) to stop running its own refineries and focus solely on equity participation in other refineries. A statement signed by the Minister sighted by NewsRangers denied statements…
LAGOS SEPTEMBER 24TH (NEWSRANGERS)-In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of…
LAGOS SEPTEMBER 24TH NEWSRANGERS)-More sponsors have supported the hosting of the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) from October 2 to October 3, in Lokoja, Kogi State. Leading the pack of sponsors are the Nigerian National Petroleum Company Limited (NNPCL), Delta and Lagos State governments, Nigeria LNG Limited (NLNG), and…
LAGOS SEPTEMBER 16TH (NEWSRANGERS)- The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. The NNPC Ltd also wishes to state that, in line with the provisions of the Petroleum Industry Act (PIA), PMS prices are not set…
LAGOS SEPTEMBER 2ND (NEWSRANGERS)-Nigeria National Petroleum Corporation Limied (NNPCL) said it has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. Olufemi Soneye, Chief Corporate Communications Officer NNPC Ltd. in a statement titled, “NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability” made available to NewsRangers…