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...

Subsidy: NNPCL, Nipco Partner to Deploy Autogas Stations   The Nigerian National Petroleum Company Limited (NNPCL) has announced its partnership with Nipco Gas Limited for the development and deployment of Compressed Natural Gas stations across the country. CNG, popularly called autogas, is another form of fuel that...

NNPCL Uncovers Fresh 162 Illegal Pipeline Connections, Refineries in N’Delta The Nigerian National Petroleum Company Limited has said it discovered 162 illegal pipeline connections and illegal refineries in the Niger Delta, mostly in Bayelsa in the past week. In a documentary by the oil company shared...

Petrol Imports from Russia Rises by 84% to 3.8m liter in One Year - Report The European trade overview has shown that Nigeria’s petrol imports from Russia have increased by 84 per cent in one year to 3.8 million litres (24,000 barrels) in 2023 from...

Crude Oil Rises to $84/barrel Amid Fuel Hike Speculation Brent, the international benchmark for crude oil, rose to a high of $84/barrel on Wednesday, fuelling speculations that Nigeria might witness another hike in the pump price of Premium Motor Spirit, popularly called petrol, in the...