Senate Probes NNPCL Over ₦210 Trillion Audit Queries; Company Seeks Extension
NNPCL requests more time to respond to 19 audit queries spanning ₦210 trillion. Senate Public Accounts Committee reviews financial discrepancies from 2017–2023. Clarity sought on crude production costs, revenue split,…
NNPC Blames Cooking Gas Price Hike on PENGASSAN Strike Disruption
Operations halted for three days during labour strike, says NNPC boss. Distribution delays created temporary price surge nationwide. Supply chains to normalise as activities resume, NNPC assures Nigerians. The Nigerian…
Dangote Refinery Strike Cut Nigeria’s Oil Output by 16% — NNPCL
NNPCL Says Dangote Refinery Strike Cut Nigeria’s Oil Output by 16% PENGASSAN’s three-day industrial action crippled crude, gas, and power supply NNPCL warns of major threat to national energy security…
NNPCL Spends ₦235.6bn on Northern Oil Search in Seven Months
Frontier Exploration Fund allocations soar amid concerns over transparency, host community neglect Northern basins—Chad, Benue Trough, Kolmani—remain priority targets for exploration The Nigerian National Petroleum Company Limited (NNPCL) has channelled…
BREAKING: Again, NNPC Increases Fuel Price
The Nigerian National Petroleum Company Limited (NNPCL) has again increased the pump price of Premium Motor Spirit (PMS) from N537 to N617 per litre. The increase, which was the second…
Nigeria Records 163 Oil Theft Incidents in 6 Days
A whooping 163 oil theft incidents were recorded in just six days between November 25 and December 1 in the country. This was revealed by the Nigerian National Petroleum Company…
NNPCL Targets 2 Million Barrels of Oil Daily Production by Year-End
The Nigerian National Petroleum Company Limited (NNPCL) has set a goal to increase crude oil production to 2 million barrels per day by the end of the year, up from…
NNPC Surpasses 1.8m Barrels Per Day, Eyes 2m by Year-End
The Nigerian National Petroleum Company Limited (NNPCL) has achieved a significant milestone by increasing its crude oil production to 1.8 million barrels per day (bpd), positioning the country for a…
Why Fuel Price Increased – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has clarified that the recent surge in the price of petrol was as a result of market forces. The Group Chief Executive Officer…
NNPCL Uncovers Over 4000 Illegal Oil Pipeline Connections
The Nigerian National Petroleum Company Limited (NNPCL) has uncovered over 4,800 illegal connections on oil pipelines across the country. The Group Chief Executive Officer of NNPCL, Mele Kyari shared the…