Report: NNPC boss Ojulari faces sack over deals with opposition-linked money laundering scandal
The tenure of Bashir Bayo Ojulari as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited may be nearing an unceremonious end, TheCable has learnt. Despite…
Port Harcourt Refinery not for sale—NNPC clarifies
The Nigerian National Petroleum Company (NNPC) Ltd has ruled out sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The…
NNPC unveils ambitious plans for stock exchange listing by 2028
Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, has announced plans for the company to be listed on the stock exchange by…
Dangote increases petrol prices to ₦880 per litre amid distribution efforts
Dangote Petroleum Refinery has raised its ex-depot price for premium motor spirit (petrol) to N880 per litre, marking a N55 increase from the previous rate of N825. Abubakar Shettima, national…
Tanker drivers in Lagos threaten to halt operations over e-call-up fee dispute
Tanker drivers in Lagos State are poised to cease loading petroleum products on Monday, citing the exorbitant N12,500 per truck fee for the E-Call Up system designed for the Lekki-Epe…
Dangote: Nigerians pay 55% less for petrol than neighbours
Aliko Dangote, President of the Dangote Group, emphasized the significant advantages of local petroleum refining during the visit of Omar Touray, President of the Economic Community of West African States…
Tinubu signs executive order to enhance cost efficiency, attract oil and gas investments
In a bold move to boost the nation’s oil and gas sector, President Bola Ahmed Tinubu has announced the Upstream Petroleum Operations Cost Efficiency Incentives Order (2025). This new Executive…
Petrobras eyes return to Nigeria’s oil sector as economic reforms gain momentum, Says VP Shettima
Vice-President Kashim Shettima has announced that Petrobras, Brazil’s state oil company, is seeking to re-enter Nigeria’s oil sector, specifically targeting frontier deepwater acreage. In a statement released on Wednesday, Shettima…
NNPC, Dangote Refinery forge alliance for Nigeria’s energy future
The Nigerian National Petroleum Company (NNPC) Limited and the Dangote Petroleum Refinery have committed to fostering mutually beneficial partnerships and healthy competition aimed at enhancing Nigeria's energy security. This pledge…
NNPC’s new CEO removes PH, Warri, Kaduna refinery MDs amid restructuring
Bayo Ojulari, the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Ltd, has removed the managing directors of the Kaduna, Port Harcourt, and Warri refineries.…