NNPC

August 22, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) Limited, on Thursday, said contrary to false claim by former vice president, Atiku Abubakar, neither Wale Tinubu nor President Bola Tinubu has any interest in the OVH acquisition. In a...

August 19, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has released its 2023 Audited Financial Statement (AFS), declaring a net profit of N3.297 trillion at the close of the financial year which ended in December 2023. The N3.297...

August 18, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Limited has refuted reports that it owes international oil traders $6.8 billion. In a statement on Sunday, the company’s Chief Corporate Communications Officer, Olufemi Soneye, said oil trading transactions are...

August 15, (THEWILL) – What is going on between Dangote Refinery and the NNPCL/Federal Government is a show of shame by the managers of our collective interests. How can a project that by all definitions attained the stature of...

August 12, (THEWILL) – Operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), AIPCC Energy Limited, have raised the alarm over the persistent lack of crude despite being a fully functional 1,000 barrels per day stream crude...

August 08, (THEWILL) – The Nigerian National Petroleum Company (NNPC) Ltd has said the reported explosion at a Filling station in Ikeja, Lagos, has nothing to do with the recently commissioned NNPC Gas Marketing Ltd (NGML)/NIPCO Compressed Natural Gas...

August 05, (THEWILL) – The Nigerian National Petroleum Company Ltd (NNPC Ltd) has announced the introduction of Utapate crude oil blend, a new crude oil grade into the international oil market. In a statement on Monday, the Company's Chief Corporate...

July 23, (THEWILL) - The truce meeting brokered by the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, to resolve the heated dispute between the Dangote Refinery on one hand and state-run entities, the Nigerian National Petroleum Company...

July 14, (THEWILL) – The Nigerian National Petroleum Corporation’s (NNPC) stake in Dangote Refinery has dropped to 7.2% from the initial 20%, President of Dangote Group and Chief Executive Officer of the refinery, Aliko Dangote, has revealed. This is as he...

July 14, (THEWILL) – Nigeria, once Africa's largest crude oil producer, finds itself in a paradoxical situation that has persisted for decades. Despite its vast oil resources, the country continues to import nearly all of its refined petroleum products,...