NNPC

August 24, (THEWILL) - A coalition of former militant leaders and stakeholders from the Niger Delta region have written to President Bola Tinubu over the controversy rocking the move to seek re-approval of the over $1.3 billion surveillance contract...

The announcement by the Nigerian National Petroleum Company Limited (NNPCL) on August 16, 2023 that it had secured a $3 billion emergency crude repayment loan from the African Export-Import (AFREXIM) bank to stabilise the naira, has generated mixed reactions. While...

August 16, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Limited says it has secured a $3 billion emergency crude repayment loan to support the Naira and stabilise the foreign exchange market. The Corporation, in a statement on its X...

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...

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 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)...

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...

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...

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...

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...