Day: October 22, 2023

NNPCL speaks on fire outbreak at Warri Refinery

There was a minor fire outbreak on Friday afternoon at the Warri Refinery and Petrochemical Company Limited (WRPC), the Nigerian National Petroleum Company Limited (NNPCL) said.

The incident occurred at the refinery cooling tower, the oil company said in a statement Friday night.

“This afternoon, at about 15:02 hrs, there was a minor fire incident at the cooling tower of Warri Refinery and Petrochemical Company Limited (WRPC),” the NNPCL said.… Read the rest

Petrol: NNPCL warns against panic buying

The Nigerian National Petroleum Company Limited (NNPCL) has warned Nigerians against panic buying of petrol, saying it has enough product for the country.

The oil firm said this in a statement posted via its official X platform on Thursday.

The company said the sudden appearance of fuel queues in some parts of Lagos and a few other locations around the country was due to reduced depot load-outs in Apapa.… Read the rest

Nigeria to Know Fate Tomorrow as UK Court Delivers Judgment on P&ID’s $11bn Suit

The Business and Property Court in London will on October 23 (tomorrow) deliver judgment in a case between the Federal Government of Nigeria and Process & Industrial Developments (P&ID) Limited.

This is coming as the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe, has urged the bid winners for the Nigerian Gas Flare Commercialisation Programme (NGFCP), to hasten site development.… Read the rest