Ojulari Defends NNPCL, Says Refineries Will Work Again Despite Doubts
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has shown strong determination that the government-owned Port Harcourt, Warri, and Kaduna refineries will work again.
Contrary to the views of the...
Lokpobiri Reassures Commitment to OPEC Despite Rising Oil Output
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.
Lokpobiri said...
NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut
The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices.
From as high as N950 per litre on Tuesday,...
Fix PHarcourt Refinery or Resign, Marketers Warn Ojulari
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have asked the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, to either fix the Port...
Again, Nigeria’s Crude Exceeds OPEC's Target, Hits 1.5mbpd in July
Nigeria’s average daily crude oil production rose to 1.507 million barrels per day (bpd) in July 2025.
According to the Organization of the Petroleum Exporting Countries’ (OPEC) latest Monthly Oil Market Report.
This means that the country...