The Nigeria National Petroleum Company Limited (NNPCL) has urged Nigerians to dismiss claims discrediting the operational status of the Port Harcourt Refinery. In a statement released on Wednesday, the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, denounced reports accusing the company of blending Crack C5 from Indorama Company with Naphtha to sell as refined … Read more
The Nigerian National Petroleum Company (NNPC) Limited has dismissed recent reports alleging the imminent removal of its Group Chief Executive Officer (GCEO), Mele Kyari. Speaking to The Punch on November 15, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, described the speculation as baseless and urged the public to disregard the claims. EDITOR’S PICKS Trump Taps … Read more
The Nigerian National Petroleum Company (NNPC) Limited announced key leadership changes on Wednesday, appointing Mr. Adedapo Segun as the new Chief Financial Officer (CFO) and Mr. Udobong Ntia as Executive Vice President (EVP) for Upstream. In a statement issued by NNPC’s Chief Corporate Communications Officer, Mr. Olufemi Soneye, the national oil company also appointed Mr. … Read more
On Sunday, the management of Dangote Refinery disclosed the price at which it sells petrol per litre to marketers. According to the refinery, petrol is sold to trucks at ₦990 per litre, while sales to ships are priced at ₦960 per litre. In a statement signed by Group Chief Branding and Communications Officer Anthony Chiejina, … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has given major petroleum marketers the green light to start lifting premium motor spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery. This decision aligns with the existing agreement between NNPCL and the refinery. Under the original agreement, NNPCL was designated as the exclusive distributor of … Read more
The Nigerian Senate has postponed its public hearing on alleged sabotage within the petroleum industry initially set for September 10-12, 2024, the hearing will be rescheduled to facilitate further consultations with key stakeholders whose insights are crucial for a thorough investigation. EKO HOT BLOG reports that Senate Leader and Chairman of the Ad-Hoc Committee on … Read more
Bloomberg confirmed on Thursday that the Dangote Petroleum Refinery will begin determining the price of petrol starting in October. EDITOR’S PICKS Police Arrest Man For Allegedly Killing Neighbour’s 4-Year-Old Daughter Misinformation Grinds Down Trust Between Govt, People -Minister UEFA To Honour Ronaldo For Record-Breaking Champions League Career EKO HOT BLOG reports that Aliko Dangote, Chairman of Dangote … Read more
The Nigerian National Petroleum Company (NNPC) Limited has unveiled plans to collaborate with private sector firms for the management and maintenance of its Kaduna and Warri refineries. This strategic move is designed to bolster the country’s petrol supply and enhance energy security. EKO HOT BLOG reports that the announcement was made via a circular posted … Read more
The NNPC recruitment portal is facing technical issues due to high traffic, with the company working to resolve the problem and maintaining the application deadline of August 20, 2024. EKO HOT BLOG reports that the recruitment portal of the Nigerian National Petroleum Company (NNPC) Limited is currently inaccessible to interested applicants. Earlier on Friday, the petroleum … Read more
Eko Hot Blog reports that President Bola Ahmed Tinubu has approved the appointment of a Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF). The Council will be domiciled in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This was made known in a statement to journalists by Tinubu’s Special Adviser on … Read more
As Nigeria prepares for the inauguration of Asiwaju Bola Tinubu as the country’s 16th president, there are key things you need to know. EKO HOT BLOG gathered that ahead of the inauguration, Nigerians have called on the president-elect to take quick actions to tackle critical issues in the country’s economy, security, fuel subsidy and … Read more
President Buhari said assent of the Petroleum Industry Bill on August 16, 2021, marked the end of decades of uncertainty and under-investment in the petroleum industry. President Muhammadu Buhari on Wednesday in Abuja said Nigeria lost an estimated $50billion worth of investments in the petroleum industry in 10 years. This, according to him, was a … Read more