NNPCL Launches Five LNG Expansion Project in Kogi   The Nigerian National Petroleum Company Limited (NNPCL) has officially commenced the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State. The initiative, aimed at expanding Nigeria’s domestic gas utilisation, is expected to boost energy...

P’Harcourt, Warri Refineries' Resumption Step Towards Energy Sufficiency – NEITI The Nigeria Extractive Industries Transparency Initiative has said the resumption of operations at the 210,000 barrels per day Port Harcourt refinery and the 150,000bpd Warri refinery is a monumental step towards achieving energy self-sufficiency and...

Nigeria's Energy Sector Secures $6.7bn Investment in 2024   Nigeria's energy sector saw a significant boost in 2024, with investments totaling $6.7 billion, according to Olu Verheijen, Special Adviser to the President on Energy. Verheijen revealed this in a report titled ‘Presidency Energy Sector Wrap-Up 2024’ released...

NNPCL Hikes Petrol Price to N990 in FCT, N960 in Lagos Retail outlets owned by the Nigerian National Petroleum Company Limited have raised the pump price of Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. They...

NNPCL Remittance Hits N10tn in 2024 – Kyari The Nigerian National Petroleum Company Limited has announced that it remitted N10 trillion to the Federation Account as of September 2024. NNPCL Group Chief Executive Officer, Mele Kyari, revealed this during a budget defence session before the Joint...

FG Rakes in N50tn from Crude Oil in 2024 - Report Data from the Nigerian Upstream Petroleum Regulatory Commission reveled that Nigeria’s crude oil revenue rose to about N50.88tn in 2024. According to NUPRC, an agency of the Federal Government, confirmed that Nigeria produced a total...