PENGASSAN Opposes Tinubu’s Executive Order on NNPCL
PENGASSAN rejects Tinubu’s order directing oil revenues to federation account Union warns move contravenes Petroleum Industry Act and may unsettle investors President urged to review directive to protect NNPC operations…
Dangote Refinery Gives Nigeria Energy Lifeline — NNPCL CEO
Dangote refinery stabilises Nigeria fuel supply amid NNPC refinery struggles Bayo Ojulari says local refinery offers breathing space for energy security NNPC signals shift from rivalry to collaboration with Dangote…
NNPCL Cuts Petrol Price Again, Reduces Pump Rate to ₦815 Per Litre
NNPCL has reduced petrol pump price to ₦815 per litre, reflecting a ₦20 cut nationwide. The price adjustment has taken effect at NNPCL filling stations in Abuja and adjoining areas.…
NNPC Posts ₦502bn Profit, Cuts Petrol Price Below ₦800/Litre
NNPC Ltd recorded ₦502bn profit in November 2025, generating ₦4.36tn revenue despite lower crude output. Gas production and trading gains sustained profitability as crude output averaged 1.36mbpd. Petrol prices dropped…
NNPCL Posts ₦502bn Profit in November Despite Decline in Crude Output
NNPCL records ₦502bn profit after tax in November 2025 amid lower crude oil production. Gas production, trading performance, and full pipeline availability boost revenue to ₦4.36tn. Statutory remittances to Federation…
NNPC Investigates Explosion on Escravos–Lagos Gas Pipeline in Delta
An explosion occurred on the Escravos–Lagos Pipeline, affecting Tebijor, Okpele, and Ikpopo communities in Gbaramatu Kingdom, Delta State. The cause of the explosion is unknown, but initial reports indicate a…
NNPCL’s N5.4trn Profit Shows PIA Gains — Ojulari
NNPCL’s 2024 profit hits N5.4trn, driven by improved operations and PIA reforms. GCEO Ojulari says earnings reflect transparency and renewed financial discipline. Company has consistently published monthly financial records since…
BREAKING: NNPCL Cuts Fuel Price as Dangote Refinery, Depot Owners Slash Rates
NNPCL reduces PMS pump price to ₦930 per litre, down from ₦945. Price cuts follow Dangote Refinery and major depots lowering ex-depot rates by at least ₦10. Private stations also…
NNPCL Slashes Petrol Price as Dangote Refinery Supply Stabilises
NNPCL reduces pump price by ₦10 following supply recovery. Retail outlets in Abuja adjust to ₦945 per litre. Dangote Refinery regains steady flow after two-week supply glitch. The Nigerian National…
NNPCL Releases Fresh Update on Port Harcourt, Warri, Kaduna Refineries
NNPCL reveals that some refineries is set to enter next phase of selecting technical partners for full rehabilitation. Ojulari reaffirms commitment to sustainable refinery operations and transparency. NNPCL says review…