Brent crude oil price increased by 2.22 percent to $65.33 a barrel on Monday. Also, US West Texas Intermediate (WTI) crude rose by 3.36 percent to $62.39 a barrel at 16.35 WAT.

The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has announced plans to resume crude oil exploration activities in Kolmani, located between Gombe and Bauchi states.

NNPCL Plays Crucial Role in Our Business - Dangote   The President of the Dangote Group, Alhaji Aliko Dangote, has said that the Dangote Petroleum Refinery is not competing with the Nigerian National Petroleum Company Limited, stressing that NNPCL “is part and parcel of our...

Dangote, NNPC Partner for National Development   The President/Chief Executive Officer of the Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, in Abuja. The high-level meeting, held at the...

NNPC Targets $30bn Investments in Oil Sector by 2027   The Nigerian National Petroleum Company Limited (NNPCL) has unveiled its agenda for attracting $30 billion investments by 2027 and $60 billion by 2030. The Group Chief Executive Officer (GCEO) Bayo Ojulari disclosed this to members of staff...

NNPC Announces 72% Completion of AKK Pipeline Project   The Nigerian National Petroleum Company Limited (NNPC) has disclosed that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is now 72 percent completed. Group Chief Executive Officer of NNPC Ltd, Mr. Bayo Ojulari, disclosed this yesterday at the 2025 edition...