The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass Gas Projects in Bayelsa State as part of efforts to industrialise Nigeria through the strategic …
NNPCL
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BusinessEconomyEnergyGOVERNMENTInfrastructure
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BusinessEconomyEnergyGovernanceNigeriaOil & Gas
Marketers Accuse Dangote Refinery of Withholding Fuel Despite Advance Payments
Petroleum marketers have accused the Dangote Petroleum Refinery of failing to load their petrol trucks weeks after they made full payments for supplies, raising fresh controversy over the refinery’s operations …
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EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
NNPCL Urges NUPRC to Deepen Investment Drive in Deepwater Projects to Keep Nigeria Competitive
The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
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EconomyFinanceGOVERNMENTNigeriaOil & GasTransparency
FG Extends NNPCL Revenue Probe to December 2024 Over $42bn Under-Remittance Allegation
The Federal Government has extended its ongoing probe and reconciliation of payments made by major revenue-generating agencies, including the Nigerian National Petroleum Company Limited (NNPCL), to December 2024, following unresolved …
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EconomyGovernment PolicyNigeriaOil & GasTrade
Nigeria Loses N3.18tn in Crude Oil Export Earnings Despite Higher Output
Nigeria’s crude oil export earnings dropped sharply by N3.18 trillion in the first half of 2025 despite a rise in production levels, new data from the National Bureau of Statistics …
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BusinessEconomyEnergyInternational RelationsNigeriaOil & Gas
Petrobras Eyes Return to Nigeria’s Oil Sector with Focus on Deepwater Opportunities
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Petrobras, Brazil’s state-owned oil firm, is exploring new opportunities in Nigeria’s upstream oil and gas sector, with particular focus on …
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Community DevelopmentEconomyEnvironmentNigeriaOil & GasSecurity
NNPCL to Expand Tantita Security’s Pipeline Surveillance Across Niger Delta
A concerned citizen, Mr. Prezugha Ezon, has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to extend the pipeline surveillance contract of Tantita Security Services …
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African PoliticsEnergyGOVERNMENTInfrastructurePoliticsPublic SafetyTransportation
Umahi Dismisses Crack on Coastal Highway, Says N3tn Needed to Complete Road Projects
The Minister of Works, David Umahi, has cleared the air on a crack that appeared on the Lagos-Calabar Coastal Highway, saying it is not a structural failure and should not …
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EconomyFinance & ServicesNigeriaOil & GasPolitics
Senate Demands NNPCL Account for N210 Trillion Flagged in 2017–2023 Audit Report
The Nigerian Senate has declared that the Nigerian National Petroleum Company Limited (NNPCL) is yet to account for a staggering N210 trillion flagged in the audit report of federal ministries, …
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BusinessEconomyEnergyMarketsOil & GasPolitics
Fuel Price May Hit N1,000/Litre as Global Oil Prices Climb Amid US-Iran Tensions
Petrol prices in Nigeria could rise as high as N1,000 per litre in the coming weeks, as global crude oil markets respond to escalating geopolitical tensions in the Middle East, …