Petroleum Industry Act
NNPCL Receives N318bn for Frontier Oil Exploration Amid Revenue Shortfall
The Nigerian National Petroleum Company Limited (NNPCL) has secured N318.05bn between January and August 2025 to fund frontier oil exploration, according to Federation...
Oil Unions Reject Government Plan to Sell NNPCL Assets
Two of Nigeria’s leading oil industry unions have opposed the Federal Government’s plan to divest significant stakes in joint venture assets managed by...
Nigeria’s N8.41 Trillion Oil Loss Raises Questions on Governance and Development Prospects
Nigeria’s oil sector has suffered staggering financial losses of about N8.41 trillion due to crude theft and metering deficiencies between 2021 and July...
NARTO Raises Concerns as Dangote Refinery’s Direct Fuel Supply Disrupts Existing Agreements
The National Association of Road Transport Owners (NARTO) has voiced strong concerns over Dangote Refinery’s decision to provide direct fuel supply and free...
Akpabio Calls on Niger Delta Youths to Reject Vandalism and Embrace Oil and Gas Investments
The President of the Senate, Godswill Akpabio, has urged young people in the Niger Delta region to turn away from acts of vandalism...
NNPC Marks 100 Days Under CEO Ojulari with Significant Gains Across Operations
The Nigerian National Petroleum Company Limited (NNPCL) has showcased a series of achievements to celebrate the completion of the first 100 days of...
DAPPMAN Says Dangote Refinery Only Reliable Source of Petrol as NNPC Refineries Struggle
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has stated that its members can only source Premium Motor Spirit (PMS) from...
Nigeria to Enforce ‘Drill or Drop’ Rule on Idle Oil Assets
The Nigerian federal government has issued a clear directive to International Oil Companies (IOCs): develop your assets or risk losing them. Minister of...
NNPC Ltd. Gears Up for Landmark Stock Market Debut: Beauty Parade Underway
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is poised to make a significant entry into the capital market, signaling a transformative phase...