Petrol Nears N1,400/Litre Following Dangote Price Adjustment
The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per litre in many parts of the country as the United States and Iran fail to agree on a ceasefire that should lead to the reopening of...
Nigeria’s upstream oil and gas sector has attracted over $24 billion in capital inflows following targeted interventions by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), according to NNPCL Group Chief Executive Officer, Engr. Bashir Bayo Ojulari.
Senate Grills Ojulari, Kyari Over N210trn NNPC Audit Issues
The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company (NNPC) Limited an April 29 deadline to appear before it to account for the N210 trillion flagged in audit...
$24bn Investments Flow into Nigeria’s Oil Sector as Reforms Take Hold - NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has said recent reforms in the oil and gas sector have unlocked over $24bn in fresh investments, with an additional $10bn currently in the pipeline,...
The Nigerian National Petroleum Company Limited (NNPCL) says crude oil production has risen from a historic low of 960,000 barrels per day in 2022 to an average of 1.71mbpd, peaking at 1.84mbpd in 2025, thanks to intensified pipeline security in the Niger Delta.
Nigeria’s downstream oil sector has received a boost as the Nigerian National Petroleum Company Limited (NNPC) doubled crude oil deliveries to the Dangote Petroleum Refinery in March, raising hopes of improved fuel availability.
