Nigeria’s oil and gas industry is still grappling with the fallout of last week’s strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), with the Nigerian National Petroleum Company Limited (NNPCL) warning that systemic vulnerabilities remain Read More
NNPCL deducts N235.6b in seven months for oil search in North, frontier basins
The Nigerian National Petroleum Company Limited (NNPCL) has deducted a total of N235.6 billion between January and July 2025 from the Frontier Exploration Fund (FEF), in line with the provisions of the Petroleum Industry Act (PIA), according to the company’s Read More
Petrol soars to N955/litre as NNPCL, marketers hike prices
The pump price of Premium Motor Spirit (PMS), commonly known as petrol, has surged again to N955 per litre in parts of the country, including the Federal Capital Territory (FCT), amid rising international benchmark prices and adjustments The post Petrol Read More
FG hails Dangote Refinery’s engineering feat, investment in Nigerians
The Federal Government has commended Dangote Petroleum Refinery for its exceptional engineering milestones and robust investment in building The post FG hails Dangote Refinery’s engineering feat, investment in Nigerians appeared first on The Guardian Nigeria News – Nigeria and World Read More
Refinery repairs hit unexpected hurdles, under review — NNPCL CEO
The Nigerian National Petroleum Company (NNPC) Limited has acknowledged that efforts to rehabilitate the country’s state-owned refineries are facing significant challenges, with the process proving more complex than initially projected. Speaking to Bloomberg on the sidelines of the 9th OPEC Read More
NNPCL raises alarm on smear campaign against new management
The Nigerian National Petroleum Corporation Limited (NNPCL) on Friday raised an alarm on a smear campaign against the new management of the company. The NNPCL in a communique accused a certain group of actively spreading lies and misinformation simply to Read More
NNPCL welcomes new GCEO Ojulari, board lauds outgoing leadership
The management and staff of Nigerian National Petroleum Company Limited (NNPC Ltd) have welcomed the appointment of Mr. Bayo Ojulari as the new Group Chief Executive Officer (GCEO) and the newly constituted Board of Directors by President Bola Ahmed Tinubu. Read More
Reps urge NNPCL to revive vandalised Ore depot
The House of Representatives has urged the Nigerian National Petroleum Corporation Limited (NNPCL) to prioritise rehabilitation of the vandalised pipelines linking the Ore depot in Ondo for immediate resumption of operations in the facility. The call followed the adoption of Read More
‘Don’t dictate next NNPCL GCEO to Tinubu’
The Sadaukin Bauchi, a veteran media consultant and public analyst, Abdulrahman Sade, has warned advocacy groups across the country The post ‘Don’t dictate next NNPCL GCEO to Tinubu’ appeared first on The Guardian Nigeria News – Nigeria and World News. Read More
NNPCL remits N10tr in 2024 as NASS sets N1.75tr target for NPA
The Nigerian National Petroleum Company Limited (NNPCL) has declared itself as the only company in Nigeria that publishes 100% of its financial accounts annually. The Group Chief Executive Officer, Malam Mele Kyari, made this assertion on Wednesday while presenting the Read More