N13.7trn Federation Account Revenue Unremitted by NNPCL - FAAC   The Nigerian National Petroleum Company Limited (NNPCL) is holding back a massive N13.763 trillion in revenue, creating significant funding challenges for the Federal Government's national budget. This is according to documents obtained from the Federal Accounts Allocation Committee...

NNPCL, Dangote Refineries not Meeting 50% Local Fuel Demand - FG The Nigerian Midstream and Downstream Petroleum Regulatory Authority, has disclosed that the country’s three operational refineries contribute less than 50 per cent of the nation’s daily petrol consumption despite having a combined refining capacity...

NNPC Limited vs. Dangote Fuel: Understanding Octane Ratings, Engine Efficiency, and Market Propaganda By Onogwu Muhammed As a holder of a Chemical/Petroleum Technology degree, I find it necessary to add my voice to those of various chemists and analysts who have criticized the poorly scripted propaganda...

Fact-Check Reveals Flaws in Valor Reviews' Experiment Comparing Dangote and NNPC Fuel   A recent experiment conducted by Valor Reviews, a popular YouTube channel known for its technology and consumer electronics reviews, has sparked controversy over its comparison of Premium Motor Spirit (PMS) from Dangote Refinery...

FG Spends N18tn on Crude Production Annually, Experts Lament  Nigeria industry operators have lamented that N1.57tn spent on crude oil production monthly is excessive, translating to about N18tn annually. Data collected from different sources, including the Nigerian Upstream Petroleum Regulatory Commission, indicated that the minimum any...

Warri Refinery Pauses Operations for Maintenance, One Month After Resumption   Barely a month after announcing the commencement of the 125,000 barrels Warri refinery, the Nigerian National Petroleum Company Limited has said the facility is undergoing a planned routine maintenance programme aimed at ensuring optimal operations. It also...