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Dangote Refinery Got 22% of June Crude From Foreign Sources

Dangote Refinery Got 22% of June Crude From Foreign Sources   The Dangote Petroleum Refinery sourced about 78 per cent of its crude oil feedstock from the Nigerian National Petroleum Company Limited (NNPCL) and other indigenous producers between May and June 2026. Data from the refinery’s official...

NNPC Halts Crude-Backed Loans to Finance PH, Warri Refineries

NNPC Halts Crude-Backed Loans to Finance PH, Warri Refineries   The Nigerian National Petroleum Company Limited (NNPCL) has said it is ending the practice of financing the Port Harcourt and Warri refineries with loans backed by crude oil production, opting instead for a performance-driven funding model...

Dangote Refinery Disputes Claims on Seven Cargo Allocation

Dangote Refinery Disputes Claims on Seven Cargo Allocation   Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited (NNPCL). Senior officials at the refinery told our correspondent that,...

NNPC Revenue Declines to N2.57trn in January 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to N2.57 trillion from N4.82 trillion in December 2025.

NNPC Turns to Foreign Crude to Support Dangote Refinery

The Federal Government, through the Nigerian National Petroleum Company Limited (NNPC), has begun sourcing crude oil from international traders to sustain operations at the Dangote Petroleum Refinery, amid mounting fuel price hikes.

NNPCL Raises Petrol Price to N960 Amid Gulf Crisis

The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol at its Abuja outlets to ₦960 per litre, up from ₦875, following a surge in global crude oil prices.