NNPC

Refineries Repair: NNPC Fails on Mid-2023 Delivery Target As Businesses, Citizens Languish

Nigeria’s four refineries in three locations – Port Harcourt (2), Warri and Kaduna – with a combined refining capacity of 650,000 barrels per day, are idle – the state they have been in for about 15 years. Meanwhile, businesses...

ExxonMobil, NNPC Inaugurate Host Community Trusts In Akwa Ibom

July 27, (THEWILL) - Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil and operator of the Nigerian National Petroleum Company Limited (NNPC)/MPN Joint Venture, has inaugurated two Host Community Development Trusts, covering its Oil Mining Leases in Akwa...

Fresh Facts Emerge on NNPCL Operations, Record Profit Claim Confirmed

Fresh facts emerging from the operations of the NNPC Limited have provided new insight into the activities of the company, affirming that the firm actually made a whopping profit of N674.1 billion in 2021. The News Agency of Nigeria (NAN)...

$5bn FLNG Project: Delta Youth Leader Hails UTM Offshore, NNPCL Partnership

July 22, (THEWILL) - A youth leader from Ofuoma oil-producing community, Ughelli North Local Government Area, Delta State, Comrade Chris Eriyamremu, has lauded the positive vision by UTM Offshore Limited to build the first $5bn Floating Liquified Natural Gas...

NNPCL Confirms Petrol Price Hike, Gives Reasons

July 18, (THEWILL) - The Nigerian National Petroleum Company (NNPC) Ltd. has confirmed a hike in the price of Premium Motor Spirit (PMS) also known as petrol. The company’s Group Chief Executive Officer, Mele Kyari, confirmed the increase to State...

NNPC Jerks Up Fuel Price To N617 Per Litre In Abuja And Environs

July 18, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPCL), has further jerked up pump prices of Premium Motor Spirit (PMS), from 537 to 617 naira Per Litre. THEWILL reports that NNPC filling stations in Abuja have adjusted...

OPINION: Will IMF Loan Cushion Effects Of Fuel Subsidy Removal?

As I was in the process of releasing this piece into the mass media, the news broke that President Bola Tinubu had on Wednesday July 12, 2023 put forward a request to the House of Representatives for N500 billion...

Security Operatives Intercept Oil-Theft Syndicate In Delta

July 10, (THEWILL) - Security operatives have intercepted an oil-theft syndicate, operating in the Niger Delta. Although details about the development are sketchy, Arise Television reported on Monday that the Syndicates were intercepted in the Oporoza area of Delta State. Earlier...

Fuel Subsidy: Imo Residents Groan As Price Hike Bites Harder, Implore Govt On Regulation

June 04, (THEWILL) - The hike in price of petrol as a result of the subsidy removal by the Federal Government, has taken a toll on Nigerians, especially Imo State. Transportation fares have been on the rise; as this has...

FG Scraps Petroleum Equalisation Fund

The Federal Government has scrapped the Petroleum Equalisation Fund (PEF), as well as the national transport allowance for oil marketers. Engr. Farouk Ahmed, the Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclose this...
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Mended Fences: 1,000 Goals In Sight As Ronaldo and Portugal Reconciliation Takes Shape

Cristiano Ronaldo’s turbulent relationship with the Portugal national team could be heading towards an unexpected reconciliation, with reports suggesting the veteran forward may return for one final international chapter as he closes in on the historic 1,000-goal milestone.
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