NNPC Channels Naira-for-Crude Cargoes to Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPC) has affirmed that it sent all cargoes of crude oil made available by the Federal Government through its naira-for-crude program to the Dangote Petroleum Refinery, without holding back any of them. According to the report from the NNPC, all cargoes allocated for the program in 2026 have been […]
Group Dismisses Allegations Against Mele Kyari, Tombomieye
The Niger Delta Movement for People’s Rights and Development (NDMPRAD) has accused the South South Youths Initiative (SSYI) of conducting a smear campaign against ex-executives of the Nigerian National Petroleum Company Limited (NNPCL). According to the statement, made in Warri and released by the organization’s Executive Director, Dr Richard Oloige, the movement accused SSYI of […]
NNPC Ends Crude-Backed Loan Funding for Port Harcourt Warri Refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a major change in how it will finance the Port Harcourt and Warri refineries, saying the facilities will no longer depend on loans backed by crude oil production. Speaking at the Nigeria Oil and Gas Conference in Abuja, the Group Chief Executive Officer of NNPC […]
Nigeria’s $3 Billion FLNG Project Secures Gas Supply Deal
Nigeria’s $3 billion floating liquefied natural gas (FLNG) project reached a major milestone. The developer, UTM Offshore, signed a long term agreement of 15-year gas supply with Seplat Energy and the Nigerian National Petroleum Company (NNPC). This agreement cleared one of the final hurdles before the final investment decision (FID), which the company targets for […]
NNPC Accelerates Refinery Partnership Review
The evaluation for the potential partnership between the Nigerian National Petroleum Company Limited (NNPC) for the operation of Port Harcourt and Warri refineries has begun despite public opposition to the idea. NNPC Group CEO Bayo Ojulari revealed that the Memorandum of Understanding (MoU) signed with the intended technical partners has reached a crucial stage of […]
NNPC, Security Agencies Step Up Anti-Theft Fight As Vandalism Hits 24
The NNPC Ltd. and various security agencies have intensified their effort to combat pipeline vandalism, as reported for 24 cases of vandalism in Nigeria in both 2025 and 2026. As part of the efforts to curb pipeline theft, a team from NNPC Ltd. consisting of the industry wide security architecture (IWSA) and the NPSC visited […]
NNPC Weighs Major Chinese Stake in Port Harcourt, Warri Refineries
The Nigerian National Petroleum Company Limited is considering a new partnership arrangement that could see Chinese investors acquire a controlling stake in the Port Harcourt and Warri refineries as part of efforts to revive and expand the facilities. The proposed deal follows the signing of a Memorandum of Understanding between NNPC and two Chinese firms; […]
NNPC Partners With Chinese Firms To Revive Port Harcourt, Warri Refineries
The Nigerian National Petroleum Company (NNPC) Limited signed a Memorandum of Understanding (MoU) with two Chinese companies for the completion and operation of the Port Harcourt and Warri Refineries. NNPC Group Chief Executive Officer, Bashir Bayo Ojulari, signed the agreement with Sanjiang Chemical Company Limited Chairman Guan Jianzhong and Xingcheng (Fuzhou) Industrial Park Operation and […]
NNPC Raises Crude Price by $7 Amid US-Iran Conflict
The Nigerian National Petroleum Company has raised the price of oil by seven dollars. This is because of the conflict between the United States and Iran. The whole world is feeling the effects of this conflict on the oil market. The Nigerian National Petroleum Company has changed the prices of its oil. This change is […]
NNPC Refineries Stir Debate as Expert Counters Olusegun Obasanjo
An energy expert, Dr Joseph Obele, a lecturer at Ignatius Ajuru University of Education in the Department of Marketing and Petroleum Economics, has strongly disagreed with former President Olusegun Obasanjo over his recent assertion that Nigeria’s refineries will “never work again.” Reacting to the comments, Dr Obele who is also a stakeholder in Nigeria’s petroleum […]
NNPC Denies Sale of Refinery Equipment, Warns Against Fraudsters
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied claims circulating online and in some quarters that it is selling scrap materials, refinery equipment, or components from its facilities, describing the reports as false. The company also warned that individuals are falsely presenting themselves as its representatives and attempting to defraud members of the […]
NNPC, NUPRC, NMDPRA Outline Path to Achieve Over 3m Bpd
Regulators, operators, and Stakeholders in Nigeria’s oil and gas sector have outlined a defined roadmap to achieve the goal of crude oil production of more than 3 million barrels per day while ramping up gas production by 2030, during the Oloibiri Lecture Series and Energy Forum (OLEF). During the event organised by the Oloibiri Oil […]