‘Buy me out’, Dangote proposes refinery sale to NNPC
The President of Dangote Group, Aliko Dangote, has made an offer to sell the Dangote Refinery to the Nigerian National Petroleum Corporation Limited. Speaking in […]
NNPC
NNPCL clarifies drop in stake in Dangote Refinery to 7.2%
The Nigerian National Petroleum Company Limited has said that it decided not to add to its earlier investment in the 650,000 barrels per day Dangote […]
NNPC launches investigation into ‘lubricant for petrol’ reports at retail stations
The Nigerian National Petroleum Company Limited (NNPCL), said it has begun an investigation into allegations of coercion against customers at one of its retail stations. […]
NNPC and TotalEnergies seal $550M Ubeta investment agreement
On Thursday, the Nigerian National Petroleum Company (NNPC) Limited and TotalEnergies will sign the final investment decision (FID) for the Ubeta Field Development Project. An […]
We have no plans to increase fuel price – NNPC assures Nigerians
The Nigerian National Petroleum Company (NNPC) has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), popularly known […]
157 Cases of crude oil theft recorded in one week – NNPC
The Nigeria National Petroleum Company Ltd (NNPCL) has said that it recorded 157 incidents of crude oil theft between December 30, 2023 and January 5, […]
Tinubu retains Kyari as NNPC group CEO, appoints new management team (full list)
President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company (NNPC) Limited, made up of nine members. According […]
NNPC: Russia-Ukraine crisis affecting our oil production
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil […]
NNPC reacts to love affair with AA Rano, MRS
The Nigerian National Petroleum Company (NNPC) Limited has exposed shady business practices in the awarding of contracts for the restoration of pipelines around the nation to AA Rano Nigeria Limited, MRS Oil Nigeria Plc, Oilserv Limited, and Macready Oil & Gas Service Company Limited. “We would like to state categorically that these reports are fallacious and designed to bring the good name of the company into disrepute,” the […]
NEC Assures Nigerians, says CBN will use $3billion loan-for-crude oil funds to stabilise country’s currency
The Nigerian government has stated that $ 3 billion emergency loan for crude oil secured in August would be deployed to stabilise the naira. The […]
NNPC announces dismissal of management staff with less than 15 months to retirement
The Nigerian National Petroleum Corporation Limited has announced some organisational changes. In a statement on Tuesday signed by its management, the NNPC Limited said members […]
Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, Guinea sign MoUs on Nigeria-Morocco gas pipeline
Today, another important milestone was achieved at the headquarters of the Economic Community of West African States (ECOWAS) as four significant Memoranda of Understanding related […]
NNPC: Necessary measures we are taking to raise oil production to 3m barrels per day – Kyari speaks
In this interview, Malam Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited, spoke on reforms at the company and its […]
NNPCL: Court declares Ararume’s removal illegal, awards N5bn damages
The Federal High Court, Abuja has declared the sack of Sen. Ifeanyi Ararume as Non-Executive Chairman of the Nigeria National Petroleum Company Limited (NNPCL) as […]
FEC okays N1.9trn for NNPCL to reconstruct 44 roads
The Federal Executive Councilh has approved the recommendation by the Ministry of Works and Housing for the Nigerian National Petroleum Corporation Limited (NNPC Ltd) and […]