Dangote petrol hits market as NNPC sells at N897/litre
The Nigerian National Petroleum Company (NNPC) Limited tankers began lifting premium motor spirit (PMS) from Dangote’s giant refinery in Lekki, Lagos, on Tuesday, fueling feelings […]
NNPC
Fuel subsidy: Enough of this pretence, by Zainab Suleiman Okino
Whether we accept it or not, all is not well with the engine room of Nigeria’s economy. The petroleum industry sector, like other public sector […]
Federal Government dismisses reports of directing NNPC to raise fuel price
The Federal Government has denied a report suggesting that the Ministry of Petroleum Resources ordered the Nigerian National Petroleum Company Limited to sell fuel at […]
Why NNPC cannot fix old pipelines – FG
The Federal Government has declared that the Nigerian National Petroleum Company Limited does not have the funds required to rebuild old pipelines. The Minister of […]
‘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 […]
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 […]