Tag: NNPCL

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…

Sodiq Olaitan

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…

Sodiq Olaitan

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…

Sodiq Olaitan

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…

Sodiq Olaitan

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…

Sodiq Olaitan

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,…

Sodiq Olaitan

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…

Sodiq Olaitan

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…

Sodiq Olaitan

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…

Sodiq Olaitan

NNPC, Others Fingered in Fuel Subsidy Scam

The Nigerian National Petroleum Corporation Limited (NNPCL) has been listed among individuals and companies allegedly involved in fuel subsidy scam. This allegation was made by former Governor of Bauchi State…

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