NNPC Records N380bn Revenue Loss in September
The Nigerian National Petroleum Company Limited (NNPCL) has suffered a drop in both production and earnings, losing about N380bn in September 2025 when compared to the previous month, according to its latest monthly performance report.
Figures from the September...
Marketers Demand NNPC Settle N25bn Equalisation Funds
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked the Nigerian National Petroleum Company Limited to pay the long-held petroleum equalisation funds owed to its members.
The marketers also urged the NNPC Group Chief Executive Officer, Bayo Ojulari,...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Monday, signed a production sharing contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro) for petroleum prospecting licences (PPL) 2000 and 2001.
NNPC Laments Delay in Tapping Oil Reserves
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Bayo Ojulari, has warned that Nigeria must urgently turn its oil reserves into production, saying crude in the ground holds no value until it is...
The Group Chief Executive Officer of Nigerian National Petroleum Company Ltd (NNPCL), Bayo Ojulari, has assured of the speedy delivery of the $2.8bn Ajaokuta–Kaduna–Kano Natural Gas Pipeline project, adding that the project will unlock economic prosperity when it comes on board.
