PH Refinery: Atiku Questions NNPCL Third Party Operation, Urges Transparency  Former Vice President Atiku Abubukar has faulted the plan to hire a third party to manage the Port Harcourt refinery after its rehabilitation, arguing that the federal government should have privatised it before the process...

NNPCL In Talks With S’Korean Investors For Gas Projects   The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. NNPCL said in a statement issued in Abuja...

'NNPCL Remitted Zero Allocation To Federation Account In 2022'   The Nigerian National Petroleum Company Limited (NNPCL) remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, the Chief Financial Officer, NNPCL, Umar...

NNPCL, FG to Remit Dollar Revenue to CBN to Boost FX, Says Cardoso The Nigeria National Petroleum Corporation Limited and the Ministry of Finance have agreed to remit all their dollar revenues to the Central Bank of Nigeria, CBN, to boost the nation’s External Reserves...

Oil Marketers Kick as NNPCL Delays Petrol Supply   Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have berated the Nigerian National Petroleum Company Limited (NNPCL) for alleged delay in the supply of petroleum products. As a result, the marketers said they...

Dangote Refinery to Sell Petroleum Products in Naira Oil marketers says refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters. Dealers in the downstream oil sector also stated...