NNPCL: 150 Crude Oil Theft Incidents Occurred In 7 Days   The Nigerian National Petroleum Company Limited (NNPCL) has said that between August 26 and September 1, 2023, there were 150 crude oil theft incidents mainly across Bayelsa, Rivers, Imo and Delta states. The company stated this...

NNPCL Set to Fix Vandalised Pipelines Amidst Fuel Scarcity The low supply of Premium Motor Spirit, popularly called petrol, being experienced in parts of Lagos and South-Western States may drag till the end of September, and might spread to other locations if not addressed in...

$3bn Afrexim Bank Loan: NNPCL Followed Due Process   Facts have emerged that contrary to reports due process was followed in securing the Nigeria National Petroleum Company Limited (NNPCL) in the $3 Billion Afrexim bank Loan. The $3 billion loan deal, which was signed in Cairo a...

Petrol Price : Marketers Kick As FG Rules Out Hike   Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the United States dollars and the...

No Intention to Hike Fuel Price, Says NNPCL The Nigerian National Petroleum Company Limited says it has no intension to increase the retail pump price of Premium Motor Spirit, popularly called petrol. In a post by the company, posted around 11:48pm on Monday on its official...

Fuel Price: Fresh Hike Looms As Landing Cost Rises By 37.4%   There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen...