In a recent press statement, the Dangote Group has firmly denied claims made by the Nigerian National Petroleum Company Limited (NNPCL) regarding the sale price of Premium Motor Spirit (PMS). The NNPCL spokesperson, Mr. Olufemi Soneye, alleged that Dangote sold PMS at an exorbitant rate of N898 per litre. This statement, according to Dangote Group, Read More…
By Uzor Maxim Uzoatu The Nigerian National Petroleum Company Limited is now run professionally like an efficient private sector organisation, according to a former Minister of Power, Professor Bart Nnaji, who is also a major player in the energy industry. “When the Nigerian National Petroleum Corporation (NNPC) became the Nigerian National Petroleum Company Ltd (NNPCL) Read More…
The Nigerian state oil company, NNPC, has transitioned from oil swaps to cash tenders for gasoline procurement for the first time in nearly a decade, according to four reliable sources cited by Reuters. NNPC recently closed its latest tender for petroleum set for delivery in November, and two of these sources have indicated that the Read More…
In furtherance of its Corporate Social Responsibility, the Nigerian National Petroleum Company Ltd. (NNPC) and TotalEnergies Upstream Nigeria Ltd., operator of OML 130, and partners, inaugurated projects in seven states (CSR). The projects were launched in the states of Osun, Kwara, Imo, Enugu, Anambra, Benue, and Rivers, according to a statement made on Tuesday in Read More…
