NNPCL petrol price drops to N1,370 per litre in Abuja
The NNPCL petrol price has dropped from N1,395 to N1,370 per litre at some outlets in Abuja and its environs. The Nigerian National Petroleum Company Limited (NNPCL) cut the price…
NNPCL revenue decline hits oil giant as crude sales fall sharply
The NNPCL revenue decline deepened in July 2026 as lower crude oil sales and production hit the state-owned oil company’s financial performance. The Nigerian National Petroleum Company Limited (NNPCL) reported…
Bayo Ojulari Faces Oil Block Allegations as Industry Insiders Reject Claims
Bayo Ojulari has come under scrutiny over allegations linking him to the award of an oil field to a company allegedly connected to his wife. However, industry insiders have rejected…
NNPCL Defends Bayo Ojulari as Oil Group Demands His Removal
The NNPCL has defended Bayo Ojulari and NUPRC chief Meyiwa Eyesan after the Oil and Gas Professionals Forum demanded their removal over alleged failures in Nigeria’s oil sector. The group…
IPMAN Pushes NNPCL to Fast-Track Refinery Partnership
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Limited (NNPCL) to speed up the remaining steps needed to complete its planned technical equity…
Senate Disowns Kyari Arrest Warrant, Rebukes Oshiomhole Over ‘Criminal’ Remark
…….Lawmakers clarify arrest powers, insist committees cannot issue warrants without approval of Senate President amid N210tn probe controversy By Rejoice Peterside The Senate on Thursday distanced itself from reports surrounding…
Executive Order 09: Energy Experts Urge Tinubu to Seek PIA Amendment as Oil Sector Tensions Rise
|By Babatunji Wusu Energy experts and petroleum retailers have pressed President Bola Ahmed Tinubu to chart a legislative path following the issuance of Executive Order 09, warning that bypassing the…
NNPCL Raises Petrol Price to ₦835 in Lagos, ₦839 in Abuja After Dangote Refinery Hike
|By Babatunji Wusu The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday raised the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦835 per litre in…
NNPCL Hails Chevron as New Oil Well Discovery Boosts Niger Delta Production Outlook
|By Babatunji Wusu The Nigerian National Petroleum Company Limited (NNPCL) has applauded Chevron Nigeria Limited (CNL) over the discovery of a new oil well in the Niger Delta, describing the…
Dangote Refinery Raises Petrol Price by ₦100 Per Litre, Triggers Fresh Pressure on Nigeria’s Downstream Market
|By Babatunji Wusu Dangote Petroleum Refinery has hiked the retail price of Premium Motor Spirit (PMS) by ₦100 per litre nationwide, deepening pressure on Nigeria’s already strained downstream petroleum sector.…
