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Tag "NNPCL"

FG discovers illegal crude oil connection points in Abia, says $7.2m lost to theft monthly

    FG discovers illegal crude oil connection points in Abia, says $7.2m lost to theft monthly

The Nigerian National Petroleum Company Limited (NNPCL), on Sunday, says the country loses an average of $7.2 million monthly from illegal oil connections. The oil firm disclosed this following the

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NUPRC: Nigeria’s oil production slumped to 1.08m bpd in July — third decline this year

    NUPRC: Nigeria’s oil production slumped to 1.08m bpd in July — third decline this year

Nigeria’s oil output fell to 1,081,396 barrels per day (bpd) in July 2023. The country’s drilling performance is contained in the latest crude oil and condensate production data of the

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Atiku’s aide: NNPCL’s $3bn oil-for-cash loan to stabilise naira is a ruse

    Atiku’s aide: NNPCL’s $3bn oil-for-cash loan to stabilise naira is a ruse

Phrank Shaibu, an aide to former Vice-President Atiku Abubakar, says the $3 billion oil-for-cash loan obtained by the Nigerian National Petroleum Company Limited (NNPCL) is a ruse. NNPCL secured the

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NNPCL heads to a’court over judgment voiding Ararume’s removal as board chair

    NNPCL heads to a’court over judgment voiding Ararume’s removal as board chair

The Nigerian National Petroleum Company Limited (NNPCL) has filed an appeal at the appellate court against the verdict of a lower court, voiding the removal of Ifeanyi Ararume as non-executive

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Fuel subsidy removal: Putting the cart before the horse

  Fuel subsidy removal: Putting the cart before the horse

In the run-up to the 2023 presidential election, I wrote a piece titled ‘2023 general election and the pleasure of

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IPMAN to FG: Issue more licences to importers for competitive pricing

  IPMAN to FG: Issue more licences to importers for competitive pricing

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has called on the federal government to issue licences to more importers.

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Petrol pump price can go down at any time, says Mele Kyari

  Petrol pump price can go down at any time, says Mele Kyari

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the new petrol pump

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Tinubu resumes at Aso Villa, meets Emefiele, Kyari over petrol scarcity

  Tinubu resumes at Aso Villa, meets Emefiele, Kyari over petrol scarcity

President Bola Tinubu on Tuesday resumed office at the presidential villa in Abuja.  The president was sworn in on Monday

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PENGASSAN, Mobil Producing agree to end industrial action after NNPC’s intervention

  PENGASSAN, Mobil Producing agree to end industrial action after NNPC’s intervention

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has cancelled its industrial action across Mobil Producing Nigeria

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Allegations against NNPCL over ‘$2.4bn missing crude oil’ baseless, says CHURAC

  Allegations against NNPCL over ‘$2.4bn missing crude oil’ baseless, says CHURAC

Cleric Ebikonbowei Alaowei, chairman, board of trustees, Centre for Human Rights and Anti-Corruption Crusade (CHURAC), says the allegation against the

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