Nigeria’s Crude Output Falls Short of OPEC Quota Despite January Gain Nigeria’s crude oil production fell again in August, reversing gains that had pushed the country above its OPEC quota for two consecutive months. This was against the backdrop of basking in the euphoria of an...

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...

NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims The Arewa Economic Forum (AEF) has called on the Federal Government to provide an official clarification regarding reports that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr....

Purported Resignation: Who are after NNPC Boss Bashir Ojulari? A cloud of uncertainty hangs over the Nigerian National Petroleum Company Limited (NNPCL) following conflicting reports about the status of its recently appointed Group Chief Executive Officer (GCEO), Bayo Ojulari. While some claim he has resigned,...

NNPCL Rules Out Sale Of P’Harcourt Refinery The Nigerian National Petroleum Company Limited has declared that the Port Harcourt Refining Company is not for sale and also confirmed its intention to raise additional funding to complete the rehabilitation of PHRC and the other two refineries...

Senate Gives NNPC Three Weeks to Respond to N210tn Audit Query The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three weeks to respond to queries raised in audit reports covering the period from 2017...