Matrix Energy Denies Importing Substandard Oil
The management of Matrix Energy Group, an indigenous and independent oil marketing and trading company, has said that it has never imported or distributed any substandard cargo in to the…
Price crude oil in Naira to strengthen currency, expert advises FG
A financial expert, Mr Okechukwu Unegbu, has advised the Federal Government to consider pricing the country’s crude oil, in Naira in order to strengthen the local currency. Unegbu, a past…
No increase in petrol price – NNPC Ltd
The Nigerian National Petroleum Company (NNPC) Ltd. says there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. The NNPC Ltd, in a…
President Tinubu appoints NNPC board, management team
President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from Dec. 1. A statement issued…
Suspend, probe chairmen of CCB, CCT for inefficiency, Group tells Tinubu
A group of the ruling All Progressives Congress (APC) under the aiges of the Progressive Foundational Movement (PFM) has called for the immediate suspension of the chairmen of Code of…
Oil theft: NMDPRA writes military authorities
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has written to the military high command, alleging illegal lifting of petroleum product by Exxon Mobil at Bonny River Terminal in…
SERAP advises Tinubu to probe missing $2.1 billion, N3.1trn oil funds
The Socio-Economic Rights and Accountability Project (SERAP) has advised President Bola Tinubu to probe the missing $2.1 billion and N3.1 trillion oil revenue and funds budgeted for petrol subsidy payments…
NNPC Ltd adjusts pump price of PMS from N194 to N537 per litre
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Wednesday adjusted the pump price of Premium Motor Spirit (PMS) across its retail outlets, in line with the current market realities.…
PENGASSAN tasks incoming Govt on rehabilitation of refineries
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the incoming government to ensure the completion of the ongoing rehabilitation of the nations petroleum refineries. Mr…
Nasarawa State to commence first crude oil drilling in March-NNPCL
The Nigerian National Petroleum Company (NNPC) Limited has said Nasarawa State is expected to join the league of oil-producing states in the country, as it would commence its first oil…
NNPC Ltd. is not recruiting – Management
NNPC Ltd. is not recruiting. Its management made the declaration in a statement issued in Abuja by the Group General Manager, Group Public Affairs Division, Mr Garbadeen Muhammad, Muhammad stated…
NNPC Weekly Review: Kyari proffers solution to insecurity in Nigeria
It was a busy week for the Nigerian National Petroleum Company Limited (NNPC) as the Group Managing Director (GMD) Malam Mele Kyari, addressed the 17th All Nigerian Editors’ Conference in…