The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …