Warri refinery resumes, promising lower fuel prices and increased competition. NNPCL targets energy independence with ongoing refinery revamps across Nigeria. Domestic production to cut fuel imports and stabilize Nigeria’s energy market. The commencement of operations at the Warri Refining and Petrochemicals Company Limited (WRPC) has sparked optimism for a drop in refined petroleum product prices. … Read more
The Warri Refinery restarted operations at 60% capacity. It produces key products like AGO, SRK, and LPG, boosting Nigeria’s energy security. NNPCL’s efforts in reviving the refinery are commended for strengthening petroleum supply. The Senior Special Assistant to President Bola Tinubu on New Media, O’tega Ogra, has announced that the Warri Refinery officially restarted operations … Read more
Warri Refinery resumes operations with ongoing rehabilitation, confirms NNPCL CEO. The facility currently operates below full capacity but shows significant progress. Mele Kyari assures Nigerians of real progress in refinery rehabilitation efforts. The Warri Refining and Petrochemicals Company (WRPC), with a refining capacity of 125,000 barrels per day, has resumed operations, marking a significant milestone … Read more
Describes claims as false Says appointments are based on expertise, skills, and ability to deliver, not on ethnicity, religion, or other sentiments Announces appointments of Mr. Isiyaku Abdullahi as the Executive Vice President The Nigerian National Petroleum Company has said that President Bola Ahmed has the final say on the purported exit of its Group … Read more
As the tenure of Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), approaches a potential turning point, speculations regarding the company’s future leadership are mounting. Kyari, who turns 60 on January 8, 2025, may vacate his position, raising concerns about the next phase for the oil giant. … Read more
Sani slams El-Rufai over Tinubu nepotism claims. Accuses El-Rufai of marginalizing Southern Kaduna. Criticizes silence during Buhari’s tenure. Former Senator Shehu Sani has criticized ex-Kaduna State Governor Malam Nasir El-Rufai over his recent comments on alleged nepotism at the Nigerian National Petroleum Company Limited (NNPCL) under President Bola Ahmed Tinubu. EKO HOT BLOG learned that … Read more
Dangote reduced petrol ex-depot price to ₦899.50, citing market forces. He denied claims of $1 billion NNPC financial aid. The refinery refines 350,000 barrels daily, transforming Nigeria’s oil sector. Aliko Dangote, President of Dangote Industries Limited, has clarified the recent reduction in the ex-depot price of Premium Motor Spirit (PMS) at his refinery’s loading gantry … Read more
NNPCL reduces petrol price to ₦965 in Abuja. Independent marketers maintain higher prices, ranging from ₦1,030 to ₦1,070. Port Harcourt Refinery operates fully, ensuring domestic fuel supply, says NNPCL. The Nigerian National Petroleum Company Limited (NNPCL) has slashed the retail price of premium motor spirit (PMS), commonly known as petrol, to ₦965 per litre in … Read more
A group of energy advocates and socio-economic activists has condemned the collapse of the Port Harcourt Refining Company, just weeks after the Nigerian National Petroleum Company Limited (NNPCL) claimed it had been restreamed. Eko Hot Blog reports that the Energy Reforms Advocates and Socio-Economic Activists, led by Dr. Thomas Zion Godknows, at a press conference … Read more
The Nigerian downstream petroleum sector is witnessing heightened competition as the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have both slashed the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦899 per litre. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: … Read more
NNPCL reduced petrol’s ex-depot price from ₦1,020 to ₦899 per litre. PETROAN praised the move, highlighting affordability and market competition benefits. Quality concerns emerged as stakeholders urged stricter regulatory enforcement. The Nigerian National Petroleum Company Limited (NNPCL) has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦1,020 to ₦899 … Read more
NNPCL confirms Port Harcourt Refinery is fully operational and functional. Media reports of refinery shutdown are false, says NNPCL spokesperson. Fuel loading operations continue as planned despite circulating shutdown rumors. The Nigerian National Petroleum Company Limited (NNPCL) has refuted media reports suggesting the shutdown of the Port Harcourt Refinery, affirming that the facility remains fully … Read more
Despite the recent reduction in the ex-depot price of Premium Motor Spirit (PMS) to ₦899.50 per litre by Dangote Petroleum Refinery, motorists and consumers have yet to see a reduction in pump prices as many petrol stations in Lagos and across the country maintain their rates. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and … Read more
Dangote Refinery PLC has dismissed reports claiming that a $1 billion loan from the Nigerian National Petroleum Company Limited (NNPCL) was crucial in resolving its liquidity issues. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: Dangote, BUA, Others This Festive Season Fatal Crash on Lagos Third Mainland … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has announced securing a $1bn crude-backed loan to facilitate the operations of the 650,000 barrels-per-day Dangote Petroleum Refinery and address liquidity challenges. Chief Corporate Communications Officer, Olufemi Soneye, revealed this during the Energy Relations Stakeholders Engagement in Abuja on Monday. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat … Read more
A new per-litre price of Premium Motor Spirit (PMS), commonly known as petrol, has been introduced across Nigerian National Petroleum Company Limited (NNPCL) retail outlets in the Federal Capital Territory (FCT), Abuja. EKO HOT BLOG reports that Journalists observed that the price of petrol had dropped from ₦1,060 to ₦1,040 per litre, reflecting a ₦20 … Read more
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has assured Nigerians that the company’s recruitment process will be transparent, inclusive, and fair. Addressing job applicants at the Ansar-Ud-Deen Society Centenary Resource Centre in Maitama, Abuja, on Saturday, Kyari reaffirmed the company’s commitment to a merit-based employment process. EDITOR’S … Read more
The Petroleum Products Retail Outlets Owners Association (PETROAN) has reached an agreement with the Dangote Refinery to lift petroleum products directly, ensuring seamless distribution across depots and retail outlets during the yuletide season. This development was confirmed in a statement by PETROAN’s National Public Relations Officer, Dr. Joseph Obele, on Saturday. EDITOR’S PICKS PDP Declares … Read more
Arewa Youths Initiative for Energy Reforms, AYIFER, has called on the Nigeria National Petroleum Corporation Limited, NNPCL, to do everything possible to bring Kaduna Refinery back into operation. National Coordinator of the group, Mr Bashir Al’Amin, stated this in a statement issued on Friday in Abuja. Al’Amin specifically called on the Chief Executive Officer of … Read more
The Senate plenary on Tuesday saw a heated confrontation between Senate President Godswill Akpabio and Senator Ahmed Aliyu Wadada (SDP, Nasarawa West) over claims regarding the operational status of the Port Harcourt refinery. EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPCL) had announced last week that the refinery had resumed operations. However, … Read more