Nigerian National Petroleum Corporation (NNPC)
“N650 per litre”: Stakeholders predict cheaper fuel as global oil prices continue to tumble
Fuel prices in Nigeria have dropped significantly following the government's renewed naira-for-crude policy and global oil price declines. But it could go lower.
S&P Global says Dangote petrol too expensive compared to current crude oil prices, encourages fuel imports
A top US investment and financial analytics firm, S&P Global, has disclosed that Dangote's gantry loading price is too expensive relative to the fall in crude prices
“3 million barrels per day” NNPCL shares plan to attract $60 billion investment, grow production
NNPC’s newly appointed GCEO, Bayo Ojulari, shares ambitious plans to increase Nigeria’s crude oil production to 3mbpd and attract $60 billion investments by 2030.
FG issues 47 refinery licences as Dangote, NNPC slash petrol prices again
The Nigerian government issued about 47 refinery licenses in the last 12 months, according to the chief executive officer of the NMDPRA. Farouk Ahmed.
MRS, Ardova and others set new pump prices nationwide
Dangote Petroleum Refinery has slashed its petrol prices, triggering new pump rates at various filling stations operated by Ardova (AP), MRS, and Heyden.
Fuel to sell below N900 at six filling stations as Dangote Refinery Names New Partner
Dangote Refinery has welcomed a new partner, joining MRS Nigeria, Ardova PLC, Heyden, and Optima Energy in selling petrol at prices lower than the NNPC’s rate.
Mele Kyari: CSOs demand special investigation into ex-NNPCL boss's tenure amid growing concerns
National Transparency Network has called for a special investigation into the $1.5 billion spent on the Port Harcourt refinery under Kyari’s leadership at NNPCL.
Dangote to welcome another rival as FG announces completion status of another refinery
According to Farouk Ahmed, the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Kaduna Refinery project is 81.1% finished.
Nigeria to model US, plans National Petroleum Product Stockpile reserve to counter falling prices
The Nigerian government is planning to build the National Petroleum Product Stockpile, modelled after the US, to hedge the country against shocks.
Nigerian National Petroleum Corporation (NNPC)
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