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NNPCL Says 10,166 Illegal Refineries, Connections Destroyed in Three Years

NNPCL Says 10,166 Illegal Refineries, Connections Destroyed in Three Years The Nigerian National Petroleum Company Limited, on Wednesday, said a total of 10,166 illegal refineries and crude oil connections were destroyed in Nigeria since 2021. It specifically stated that over 5,686 illegal refinery sites were destroyed,...

NNPCL Uncovers 83 Illegal Refineries In Niger Delta

NNPCL Uncovers 83 Illegal Refineries In Niger Delta   The Nigerian National Petroleum Company Limited (NNPCL) says it has in the past one week uncovered no fewer than 83 illegal refineries in the Niger Delta. The NNPCL disclosed this on its X handle on Tuesday, as part...

Why NNPCL Needs Private Operators to Run Port Harcourt Refinery

Why NNPCL Needs Private Operators to Run Port Harcourt Refinery The Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery to private operators. Initially, Nigeria had spent more than $10 billion in a decade on three oil refineries that produced hardly...

NNPC To Supply Four Crude Oil Cargoes to $20bn Dangote Refinery

NNPC To Supply Four Crude Oil Cargoes to $20bn Dangote Refinery   The Nigerian National Petroleum Company Ltd (NNPCL) has scheduled to supply four crude oil cargoes, (four million barrels), under its February programme to the $20 billion Dangote refinery. The four cargoes are expected to increase...

We Recorded 157 Oil Theft in Niger Delta Within a Week – NNPCL

We Recorded 157 Oil Theft in Niger Delta Within a Week - NNPCL   Despite renewed efforts aimed at tackling oil theft, the Nigerian National Petroleum Company Ltd (NNPCL), said it recorded 157 incidents within one week (December 30, 2023 and January 5, 2024) in the...

NNPCL Records Over N2trn Profit

NNPCL Records Over N2trn Profit   The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday, said it made a profit of N2.548tn in 2022, describing it as the “highest profit since the inception” of the national oil firm. NNPCL is a state-owned oil corporation established in 1977...