NNPC: Crude oil sale increased by 36% to 23.65m barrels in April
The Nigerian National Petroleum Company (NNPC) Limited says crude oil and condensate sale increased to 23.65 million barrels in April, ...
Tag: NNPC
US court jails ex-NNPC GM for 87 months over $2.1m bribe from Chinese oil firm
A United States district court has sentenced Paulinus Okoronkwo, a Nigerian American, to 87 months in prison for receiving a ...
Dangote: Nigerians will be able to buy shares in our refinery in five months
Aliko Dangote, chief executive officer (CEO) of the Dangote Group, says within the next five months, Nigerians will be ...
NNPC must cough up the cash as Tinubu issues new executive order
Nigerian President Bola Tinubu has signed an executive order directing a sweeping realignment of the country’s oil and gas revenue ...
NNPC refinery shutdown was done to end decades of self-deception, says Ojulari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has described the ...
NNPC chases $2 billion to fix theft-ravaged pipelines
Nigeria National Petroleum Company (NNPC) is in discussions to secure $2 billion in financing for critical pipeline infrastructure repairs, marking ...
NNPC nets N445bn from PSC profit oil in 11 months — double its 2024 receipts
The Nigerian National Petroleum Company (NNPC) Limited received a total of N445.4 billion in management fees from production-sharing contract (PSC) ...
NNPC to acquire CNG facility from Axxela’s subsidiary
NNPC to acquire CNG facility from Axxela’s subsidiary The NNPC Gas Marketing Limited (NGML) plans to acquire a 5.2 ...
Fuel scarcity worsens as marketers load at N780/litre
The ongoing fuel scarcity in Lagos, Ogun, and other states worsened yesterday as independent marketers began purchasing the product from ...
We Are Not Owing Foreign Oil Traders $6.8bn, Says NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has debunked a report claiming that it owes international oil traders $6.8 billion. ...