News

FG Auditors Begin Probe Of NNPCL’s N2.7trn Subsidy Refund Claim

THE Office of the Auditor-General of the Federation has received the necessary and complete documents required to verify the N2.7 trillion fuel subsidy.

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News

Reps Begin Probe Of N8.4trn Allegedly Withheld By NNPCL

THE House of Representatives on Wednesday asked its Committees on Finance, Petroleum (Upstream and Downstream) to investigate reports from the Revenue Mobilisation Allocation.

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News

Finally, Port Harcourt Refinery Begins Crude Oil Processing

THE Port Harcourt Refining Company (PHRC) Ltd in Rivers State has commenced crude oil processing. This is according to the Chief Corporate Communications.

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News

Major Shake Up In NNPCL Management, Ajiya, Eyesan, Dropped, Adedapo Redeployed To Finance

A MAJOR shake-up has taken place in the management of the Nigerian National Petroleum Company Limited (NNPCL), resulting in the removal of some.

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News

NNPCL Executes Gas Sale Agreement With Dangote Refinery

THE Nigerian National Petroleum Company Gas Marketing Limited, a subsidiary of NNPCL, has executed a Gas Sale and Purchase Agreement with the Dangote.

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News

Rivers Govt Denies Report Of Fubara Shutting Down NNPCL, Oil Companies

THE Rivers State government has debunked a social media report that Governor Siminalayi Fubara shut down the Nigerian National Petroleum Company Limited (NNPCL),.

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News

Naira-For-Crude: Dangote Gets NNPCL’s First Supply

THE Dangote Petroleum Refinery has received four cargoes of crude oil from the Nigerian National Petroleum Company Limited under the naira-for-crude sale agreement,.

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News

Dangote Group To Withdraw ₦100bn Suit Against NNPCL, A A Rano, Others

IN a surprising twist of events, the Dangote Group says it will withdraw its ₦100bn suit against the Nigerian Midstream and Downstream Petroleum.

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News

‘It Is Illegal For NNPCL To Fix Price Of Dangote Petrol’

SENIOR Advocate Of Nigeria and Human Rights Activist, Femi Falana has said it is ‘illegal” for the state oil company, NNPCL to determine.

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News

Petrol Sold In Dollars, Not ₦898 Per Litre, Dangote Refinery Counters NNPC

THE Dangote Refinery located in Lagos has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre. A.

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News

NNPC Buys Petrol From Dangote Refinery At N898/Litre As Trucks Begin Loading

THE Nigerian National Petroleum Company Limited has revealed that it bought Premium Motor Spirit, popularly known as petrol, from Dangote refinery at N898.

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News

Dangote Refinery To Sell Petrol To Only NNPCL, Federal Government Insists

THE Presidential Committee on the Sale of Crude Oil and Refined Products has said that the Dangote Refinery will sell Premium Motor Spirit.

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News

NNPC Will Go Bankrupt If… – Presidency

PRESIDENTIAL aide, Bayo Onanuga, says the Nigerian National Petroleum Company Limited (NNPCL) admitted to having financial constraints because it can no longer subsidise.

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News

Dangote Refinery Rolls Out Petrol, Aliko Speaks On Price, Says Fuel To Hit Stations In 48hrs 

AFTER over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also.

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News

NNPC May Stop Petrol Import As Depots Price Nears N1,000/Liter

THE pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the.

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News

NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators

THE Nigerian National Petroleum Company Limited says it is seeking to engage reputable and credible Operations and Maintenance companies, to operate and maintain.

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News

External Auditors To Dig Into NNPC’s N2.6tn Subsidy Claim

THE Federal Government has finally initiated plans to enlist the services of an external auditor to verify the N2.7tn fuel subsidy claim by.

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News

Matrix Energy Denies Importing Substandard Fuel, Says Allegation Unfounded

MATRIX Energy Group, an indigenous and independent oil marketing and trading company, has denied reports that it imported substandard petroleum products. A statement.

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News

Senate Slams NNPCL, FIRS, Police, Others For Refusal To Respond To Audit Report Queries

THE Senate through its Committee on Public Accounts on Tuesday slammed the management of the Nigerian National Petroleum Company Limited (NNPCL), the Federal.

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Opinion

Some Salient Facts About NNPC In Nigeria’s Oil/Gas Industry – By Kabir Kabo Usman, PhD

SOME of our fellow citizens are jesters and don’t mind going the whole hog to make fun of serious national issues. This category.

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