Skip to content
NNPC Limited declares N2.89 trn Q1 payment to Federation Account
Posts decreasing sales volumes during high price cycle Frank Okon The Nigerian National Petroleum Company (NNPC) Limited remitted N2.89 trillion into the federation account in the first quarter of 2026, underlining its continued role as the backbone of government revenue…
NCDMB commends Shell, NNPC on UNILAG Geosciences Centre of Excellence
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has expressed excitement at the state-of-the-art Geosciences Centre of Excellence at the University of Lagos, declaring it as an enduring value that transcends mere infrastructural development. In a sector where…
Capital Goes Where Value Is Clear: Bayo Ojulari’s Bold One-Year Transformation of NNPC
[Kunle Odusola-Stevenson] One year after his appointment on April 2, 2025, Bashir Bayo Ojulari has recast the trajectory of NNPC Limited with a blend of commercial discipline, institutional integrity, and global strategic clarity. At a time when energy markets are…
NUPRC says Nigeria has recovered oil output to 1.84m
Channels more oil revenue from NNPC slush funds to federal account Sopuruchi Onwuka Commission Chief Executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has declared that country has rebuilt available oil production capacity to some1.84 million…
NNPC rebuilding corporate culture, shopping partners before future IPO __Ojulari
Sopuruchi Onwuka Nigeran National Petroleum Company (NNPC) Limited has declared that it is currently placing internal reform at the center of its transformation drive, with secondary objectives focused on plugging capacity gaps with private partnerships while exploring low-cost funding. Oracle…
Domestic refining space crowded as NNPC yet to finalize IJVs
Board tinkers with new purpose for KRPC Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited may be determined to reinvent some of the operated public sector refineries but it is evidently meticulous and detailed in evolving processes that transcend viable…
Executive Order No. 9 prioritizes immediate cash over oil industry sustainability
The controversial Executive Order No. 9 of 2026 which essentially pulls back investment and operating capitals reserved for strategic growth programs of the Nigerian National Petroleum Company (NNPC) Limited does not just nullify provisions of the Petroleum Industry Act (PIA),…
NNPC, Dangote resolve to collaborate, diversify venture opportunities
Two of Nigeria’s most powerful energy players, the Nigerian National Petroleum Company Limited (NNPC) and Dangote Petroleum Refinery & Petrochemicals, have agreed to rebuild and deepen their collaboration as part of a broader push to diversify downstream operations and expand…
PENGASSAN demands immediate withdrawal of Tinubu’s Executive Order
Laments weakness of institutions to challenge hurtful Presidential orders Says Executive Order nullifies provisions of PIA Sopuruchi Onwuka Nigeria’s top petroleum industry workers union, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has called on President Bola…
Will NNPC-Sinopec IJV deliver broader economic recovery with refinery revamp?
Sopuruchi Onwuka The declaration early in the moth by the Nigerian National Petroleum Company (NNPC) Limited that it has devised a new approach to rehabilitation and restreaming of the Nation’s three refineries is indisputably the most awaited inflection point in…
