A SEISMIC SHIFT: President Orders Direct Remittance of Oil, Gas Revenues to Federation Account
Nigeria's president has mandated direct remittance of oil and gas revenues to the Federation Account, addressing inefficient spending by the Nigerian National Petroleum Corporation Limited.
US-based ex-NNPC official jailed 87 months for bribery
A former Nigerian oil official has been sentenced to 87 months in prison in the United States for accepting a $2.1 million bribe from a Swiss oil company.
NNPC: Nigerian National Plundering Corporation
The article critiques the Nigerian National Petroleum Corporation (NNPC) by drawing an analogy with the dairy industry and highlighting issues of mismanagement and inefficiency.
Tinubu’s executive order blocks N2tn NNPC fees
President Bola Tinubu's executive order bans the deduction of management fees by the Nigerian National Petroleum Company Limited, affecting substantial revenue streams for the Nigerian federation.
Morning Recap: Tinubu oil order rattles NNPC, PDP heads to court over FCT poll, INEC officials risk jail and other top stories
Nigeria's oil sector faces new challenges as President Bola Tinubu's directive raises financial concerns, the PDP contests local election results, and electoral officials face potential jail time.
Sell 51% stake in NNPCL refineries, PENGASSAN urges FG
PENGASSAN has urged the Nigerian Federal Government to sell a 51% stake in the state-owned NNPCL refineries to improve efficiency by adopting a model similar to that of Nigeria LNG.
Nigerians will soon be able to buy shares in refinery — Dangote
Aliko Dangote announced that Nigerians will soon have the opportunity to buy shares in the Dangote Refinery, aimed at enhancing public ownership.
Nigerians should thank Dangote for inspiring refinery, says NNPC chief
The CEO of the Nigerian National Petroleum Company has praised Dangote's leadership in establishing the Dangote Petroleum Refinery, highlighting it as crucial for Nigeria's national pride and energy sector.
FG probes NNPC, targets blockage of revenue leakage
The Nigerian Federal Government is conducting an investigation into the Nigerian National Petroleum Company Limited's financial activities to address revenue leakage issues.
Forensic audit of NNPC ongoing – Edun
The Nigerian Minister of Finance announced that a forensic audit of the National Petroleum Company is currently being conducted to enhance transparency in oil revenue management.
NNPC boss Ojulari bags UK energy institute fellowship
Bayo Ojulari, CEO of Nigerian National Petroleum Company, has been awarded a Fellowship from the Energy Institute in the UK, marking a significant achievement in the global energy sector.
Tinubu orders NNPC to remit oil taxes, royalties directly
President Bola Tinubu has issued an Executive Order mandating the Nigerian National Petroleum Company to directly remit taxes and royalties to fiscal authorities, suspending previous fees collected.
Nigeria: NNPC Signs MOU With Chinese Firms to Advance Nigeria's Gas Infrastructure
The Nigerian National Petroleum Company has signed a Memorandum of Understanding with Chinese firms to enhance Nigeria's gas infrastructure through collaborative efforts across the natural gas value chain.
NNPC warns of power dip as Seplat shuts gas plant
The NNPC has announced a temporary reduction in gas supply due to Seplat Energy's scheduled maintenance, which could affect electricity generation in Nigeria.
Shared gas infrastructure vital for Africa’s industrial growth – NNPC
The Nigerian National Petroleum Company emphasizes the importance of shared gas infrastructure for Africa's industrial growth, with a particular focus on the Nigeria–Morocco Gas Pipeline as a crucial energy resource.
NNPC boss seeks unified gas pricing, joint investments in Africa
The NNPC CEO advocates for unified gas pricing and collaborative investments across Africa to enhance energy sector efficiencies.
PENGASSAN defends Port Harcourt refinery rehabilitation spending
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has defended the spending on the rehabilitation of the Port Harcourt Refinery, arguing that it is not a waste of public funds.
NOGIG 2026: Teams get wins in table tennis, volleyball
The Nigeria Oil and Gas Industry Games 2026 kicked off with NNPC and TotalEnergies winning in volleyball, while Aradel and NLNG triumphed in table tennis.
Nigeria: Refineries As Monuments to Waste
The Nigerian National Petroleum Company Limited admits that federal government refineries are financially unviable, calling for their privatization.
Idle refineries gulp N13 trillion as NNPC admits waste
The Nigerian National Petroleum Company has spent approximately N13.2 trillion on its state-owned refineries in 2023 and 2024, despite their continued operational losses.
Nigeria needs $22bn for gas pipeline projects – NNPC
Nigeria's National Petroleum Company projects a need for $22 billion in investments to improve its gas pipeline infrastructure under the Gas Master Plan 2026.
NNPCL's $1.5bn refinery failure proves my privatisation call right — Atiku
Former Vice President Atiku Abubakar argues that the $1.5 billion failure of the Port Harcourt Refinery reinforces his call for the privatization of state-owned refineries in Nigeria.
Why NNPC pulled the plug on refineries — Ojulari
Bayo Ojulari, CEO of the Nigerian National Petroleum Company, discusses the company's strategic changes in response to energy transition and domestic supply challenges during a recent interview.
Africa: NIES 2026 - How NNPC Plans to Stabilise Fuel Supply, Unlock Africa's Gas Potential - Official
NNPC's CEO Bayo Ojulari has outlined a multi-layered strategy focusing on fuel availability and refinery partnerships to overcome challenges in Nigeria's energy sector over the next few years.
NNPC targets foreign partners as Dangote provides lifeline
The Nigerian National Petroleum Company Limited is seeking foreign partners to revive its struggling state-owned refineries, while the Dangote Petroleum Refinery offers critical support for domestic fuel supply stabilization.
Afternoon recap: US troops arrive Nigeria, NNPC refineries run at loss, other top stories
This article covers significant news including the arrival of US troops in Nigeria and the operational losses of Nigeria's state-owned refineries.
JUST IN: NNPC ran refineries at monumental loss — Ojulari
Bayo Ojulari, CEO of the Nigerian National Petroleum Company, revealed that Nigeria's refineries are incurring significant losses, leading to a decision to halt operations to avoid further financial damage.
Nigeria's Dangote refinery enhances gas agreements with NNPC
Dangote Group's subsidiaries have secured enhanced gas supply agreements with NNPC units, aiming to support national strategy under Nigeria's Gas Master Plan 2026.