The Nigerian National Petroleum Company Ltd. (NNPC) says there is over 1.6 billion litres of Premium Motor Spirit (PMS) available for nationwide distribution. Malam Mele Kyari, NNPC Group Managing Director, made this known on Thursday, March 24. This was at the official unveiling of the Association of Distributors and TransportersContinue Reading
Malam Mele Kyari, the Group Managing Director, Nigeria National Petroleum Corporation Limited (NNPC) says the corporation is being transformed to be the fifth Gas producing company in the world. Kyari noted that NNPC was currently working on a platform that would create a hub of gas industries that would potentially compressContinue Reading
President Muhammadu Buhari has appointed the Board and Management of the Nigerian National Petroleum Company Limited, in accordance with the power vested in him under Section 59(2) of the Petroleum Industry Act 2021. Chairman of the Board is Senator Margret Chuba Okadigbo (South East), Mele Kolo Kyari, Chief Executive Officer,Continue Reading
The Nigerian National Petroleum Corporation, NNPC, has said the cost of Premium Motor Spirit, PMS, in the country should be N256 per liter. Mele Kyari, Group Managing Director, GMD, of NNPC, disclosed this while appearing on Channels Television yesterday. Kyari noted that there is nowhere in the world where DieselContinue Reading
The Nigerian National Petroleum Corporation (NNPC) is reportedly in negotiations with oil traders to source $1 billion in advance for crude oil payment to revamp its largest but ailing refinery in Port Harcourt, according to a report by Reuters on Thursday, January 7. The funding will help NNPC conduct aContinue Reading
The Nigerian National Petroleum Corporation (NNPC), in a report, revealed that the corporation suffered a 342 per cent surge in pipeline vandalism as its supply of Premium Motor Spirit (PMS), also known as petrol, gulped N116.09 billion in April. This was contained in the NNPC April 2020 Monthly Financial and OperationalContinue Reading