Nigeria’s Crude Output Surpasses OPEC Quota in June - NNPCL
Nigeria’s average daily crude oil production in June 2025 exceeded the limit set by the Organisation of the Petroleum Exporting Countries (OPEC), marking a significant boost in the nation’s oil output
For the second time in...
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited.
The group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, says it is becoming a ‘bit more’ complicated to revamp state-owned refineries.
Senate Summons NNPC Boss Over Alleged N210trn Missing Funds
The Senate on Thursday ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, to appear before its Public Accounts Committee over unresolved financial infractions amounting to N210tn.
The lawmakers expressed...
Security Investments Impacting Crude Production Costs - NNPC
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, has attributed the country’s high oil production cost to massive security investments aimed at safeguarding crude oil pipelines in the Niger Delta...
Again, Dangote Refinery Slashes Petrol Price
The Dangote Petroleum Refinery has reduced the price of petrol from N840 to N820 per litre. The N20 reduction came one week after the refinery dropped the price of the fuel from N880 to N840.
This indicates a N60 (6.82...
