NNPC Reports Record Profit of N2.548tn in 2022, Discovers 52 Illegal Refineries
The Nigerian National Petroleum Company Limited (NNPC) announced a record profit of N2.548tn in 2022, marking ...
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Tag: Petroleum Industry Act
Tinubu Appoints Pius Akinyelure as NNPC Board Chairman, Retains Mele Kyari as GCEO
President Bola Tinubu has appointed Pius Akinyelure as the Non-Executive Board Chairman of the Nigerian National ...
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Africa Faces Economic Turmoil in 2024 as Crude Oil Production Set to Plummet, AEC Report Warns
In a grim outlook for Africa's economic landscape in 2024, the African Energy Chamber (AEC) has ...
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Nigeria’s Non-Oil Revenue Surpasses Oil Revenue in 2022 – A Rare Third Occurrence Since 1973
Nigeria's non-oil revenue has reportedly surpassed oil revenue for the third time since the oil boom ...
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NNPC to Allocate Six Million Barrels of Crude Oil to Dangote Refinery in December 2023
The Nigerian National Petroleum Company (NNPC) Limited is set to allocate six million barrels of crude ...
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Fuel Marketers Hint at Possible Fuel Price Hike to N700 – N800 per Litre
Fuel marketers in Nigeria have indicated that the country's petrol pump prices may rise further, potentially ...
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Oil Marketers Begin Petrol Importation Into Nigeria, Government Committed to Deregulation
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that oil marketers have commenced ...
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Nigeria’s Gas Reserves Will Last for the Next 94 Years, says NUPRC Chief
Mr. Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), announced on ...
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