NNPC – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sat, 28 Feb 2026 10:57:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png NNPC – InfoStride News https://www.theinfostride.com 32 32 PETROAN Pushes NNPC Refineries’ Privatisation by Q1 2026 https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/ https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/#respond Sat, 28 Feb 2026 11:00:34 +0000 https://www.theinfostride.com/?p=474331 The Petroleum Products Retail Outlets Owners Association of Nigeria has renewed calls for the privatisation of the Nigerian National Petroleum Company Limited’s refineries, urging the Federal Government to complete the process by the first quarter of 2026. The association said decisive action is needed to end decades of inefficiency, repeated rehabilitation failures and financial losses [...]

Source from InfoStride News

]]> https://www.theinfostride.com/petroan-pushes-nnpc-refineries-privatisation-by-q1-2026/feed/ 0 NNPC Records ₦4.65tn Revenue in August Despite Output Drop https://www.theinfostride.com/nnpc-records-%e2%82%a64-65tn-revenue-in-august-despite-output-drop/ https://www.theinfostride.com/nnpc-records-%e2%82%a64-65tn-revenue-in-august-despite-output-drop/#respond Wed, 25 Feb 2026 16:46:18 +0000 https://www.theinfostride.com/?p=467503 The Nigerian National Petroleum Company Limited (NNPC) has reported a significant revenue boost, hitting ₦4.65 trillion in August 2025 despite challenges posed by declining crude oil output. The latest figures highlight the resilience of the state-owned energy giant in the face of persistent operational hurdles, including pipeline vandalism, oil theft, and underinvestment that have strained [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-records-%e2%82%a64-65tn-revenue-in-august-despite-output-drop/feed/ 0 NNPCL Assures Justice in Planned Ogoni Oil Re-Entry https://www.theinfostride.com/nnpcl-assures-justice-in-planned-ogoni-oil-re-entry/ https://www.theinfostride.com/nnpcl-assures-justice-in-planned-ogoni-oil-re-entry/#respond Wed, 25 Feb 2026 16:42:50 +0000 https://www.theinfostride.com/?p=467501 The Nigerian National Petroleum Company Limited (NNPCL) has announced that its planned re-entry into the Ogoni oilfields in Rivers State will be conducted under the principles of justice, equity, and transparency. The company emphasized that the renewed effort to resume oil production in the area will not repeat the mistakes of the past, where decades [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-assures-justice-in-planned-ogoni-oil-re-entry/feed/ 0 NNPCL Secures ₦318bn for Fresh Oil Exploration Drive https://www.theinfostride.com/nnpcl-secures-%e2%82%a6318bn-for-fresh-oil-exploration-drive/ https://www.theinfostride.com/nnpcl-secures-%e2%82%a6318bn-for-fresh-oil-exploration-drive/#respond Wed, 25 Feb 2026 16:13:10 +0000 https://www.theinfostride.com/?p=467213 The Nigerian National Petroleum Company Limited (NNPCL) has secured ₦318 billion in funding to boost new oil exploration projects across the country, a development that marks a significant step in the government’s drive to expand Nigeria’s hydrocarbon reserves and strengthen its energy security. The announcement has sparked discussions in both policy and industry circles, as [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-secures-%e2%82%a6318bn-for-fresh-oil-exploration-drive/feed/ 0 NNPCL, NLNG Seal 20-Year Gas Supply Pacts with Six Companies to Bolster Nigeria’s Gas Market https://www.theinfostride.com/nnpcl-nlng-seal-20-year-gas-supply-pacts-with-six-companies-to-bolster-nigerias-gas-market/ https://www.theinfostride.com/nnpcl-nlng-seal-20-year-gas-supply-pacts-with-six-companies-to-bolster-nigerias-gas-market/#respond Wed, 25 Feb 2026 11:31:13 +0000 https://www.theinfostride.com/?p=465827 The Nigerian National Petroleum Company Limited (NNPCL) and Nigeria LNG Limited (NLNG) have entered into landmark 20-year gas supply agreements with six major firms, a move aimed at solidifying Nigeria’s position as a leading gas producer and exporter. The agreements, which span two decades, are part of the government’s broader strategy to leverage the country’s [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-nlng-seal-20-year-gas-supply-pacts-with-six-companies-to-bolster-nigerias-gas-market/feed/ 0 NNPC Urges Marketers to Balance Outstanding Fuel Payments https://www.theinfostride.com/nnpc-urges-marketers-to-balance-outstanding-fuel-payments/ https://www.theinfostride.com/nnpc-urges-marketers-to-balance-outstanding-fuel-payments/#respond Wed, 28 Jan 2026 15:00:11 +0000 https://www.theinfostride.com/?p=467089 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has issued a fresh directive to petroleum marketers, instructing them to reconcile and top up any outstanding payments for fuel products as part of measures to stabilise the downstream oil sector. The move comes against the backdrop of rising concerns over price volatility, supply sustainability, and the [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-urges-marketers-to-balance-outstanding-fuel-payments/feed/ 0 Tinubu Inaugurates New NNPCL Board to Drive Nigeria’s Oil Sector Reforms https://www.theinfostride.com/tinubu-inaugurates-new-nnpcl-board-to-drive-nigerias-oil-sector-reforms/ https://www.theinfostride.com/tinubu-inaugurates-new-nnpcl-board-to-drive-nigerias-oil-sector-reforms/#respond Fri, 23 Jan 2026 21:49:51 +0000 https://www.theinfostride.com/?p=419986 President Bola Ahmed Tinubu officially inaugurated the new board and executive management team of the Nigerian National Petroleum Company Limited (NNPCL) on May 22, 2025, at the State House in Abuja. This marks a pivotal moment for Nigeria’s state-owned oil company as it embarks on a fresh phase under new leadership aimed at boosting efficiency, [...]

Source from InfoStride News

]]> https://www.theinfostride.com/tinubu-inaugurates-new-nnpcl-board-to-drive-nigerias-oil-sector-reforms/feed/ 0 Dangote and NNPC Forge Strategic Alliance for National Growth https://www.theinfostride.com/dangote-and-nnpc-forge-strategic-alliance-for-national-growth/ https://www.theinfostride.com/dangote-and-nnpc-forge-strategic-alliance-for-national-growth/#respond Mon, 12 Jan 2026 22:17:26 +0000 https://www.theinfostride.com/?p=410272 In a significant move aimed at bolstering Nigeria’s energy security and economic development, Aliko Dangote, President and CEO of Dangote Group, recently met with Bashir Bayo Ojulari, Group CEO of the Nigerian National Petroleum Company Limited (NNPC Ltd.), to reaffirm their commitment to a strategic partnership. The meeting, held at the NNPC Towers in Abuja, [...]

Source from InfoStride News

]]> https://www.theinfostride.com/dangote-and-nnpc-forge-strategic-alliance-for-national-growth/feed/ 0 PETROAN Tackles NNPC Over Port Harcourt Refinery Delay https://www.theinfostride.com/petroan-tackles-nnpc-over-port-harcourt-refinery-delay/ https://www.theinfostride.com/petroan-tackles-nnpc-over-port-harcourt-refinery-delay/#respond Mon, 12 Jan 2026 20:28:05 +0000 https://www.theinfostride.com/?p=414081 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed deep concern over the persistent delays in the rehabilitation of the Port Harcourt Refinery, urging the Nigerian National Petroleum Company Limited (NNPC) to provide a definitive timeline for the project’s completion. Despite multiple assurances from NNPC, the 210,000 barrels-per-day capacity refinery in Alesa-Eleme [...]

Source from InfoStride News

]]> https://www.theinfostride.com/petroan-tackles-nnpc-over-port-harcourt-refinery-delay/feed/ 0 Energy Sector Warns Reps That Repeated Probes of NNPCL Could Undermine Investor Confidence https://www.theinfostride.com/energy-sector-warns-reps-that-repeated-probes-of-nnpcl-could-undermine-investor-confidence/ https://www.theinfostride.com/energy-sector-warns-reps-that-repeated-probes-of-nnpcl-could-undermine-investor-confidence/#respond Fri, 12 Dec 2025 13:27:38 +0000 https://www.theinfostride.com/?p=473345 The Nigerian energy sector has cautioned the House of Representatives that repeated investigations into the Nigerian National Petroleum Company Limited (NNPCL) could send negative signals to global financiers and investors, potentially affecting Nigeria’s ability to attract critical funding for its oil and gas projects. Industry stakeholders, speaking in response to parliamentary inquiries into alleged irregularities [...]

Source from InfoStride News

]]> https://www.theinfostride.com/energy-sector-warns-reps-that-repeated-probes-of-nnpcl-could-undermine-investor-confidence/feed/ 0 House of Representatives Summons NNPC Ltd Over Alleged Irregular Payment Practices https://www.theinfostride.com/house-of-representatives-summons-nnpc-ltd-over-alleged-irregular-payment-practices/ https://www.theinfostride.com/house-of-representatives-summons-nnpc-ltd-over-alleged-irregular-payment-practices/#respond Tue, 09 Dec 2025 13:40:23 +0000 https://www.theinfostride.com/?p=473177 The House of Representatives has directed the Nigerian National Petroleum Company Limited (NNPC Ltd) to appear before its investigative committee following concerns raised over alleged irregular financial transactions linked to the national oil firm. Lawmakers issued the summons as part of an ongoing probe aimed at uncovering inconsistencies in payment processes, revenue remittances and expenditure [...]

Source from InfoStride News

]]> https://www.theinfostride.com/house-of-representatives-summons-nnpc-ltd-over-alleged-irregular-payment-practices/feed/ 0 Upstream Regulator Refutes Claims of Holding Back N283.3bn Exploration Funds Meant for NNPC https://www.theinfostride.com/upstream-regulator-refutes-claims-of-holding-back-n283-3bn-exploration-funds-meant-for-nnpc/ https://www.theinfostride.com/upstream-regulator-refutes-claims-of-holding-back-n283-3bn-exploration-funds-meant-for-nnpc/#respond Tue, 09 Dec 2025 13:38:11 +0000 https://www.theinfostride.com/?p=473174 The Nigerian Upstream Petroleum Regulatory Commission has dismissed suggestions that it withheld over N283.3bn meant to support crude oil exploration activities under the Nigerian National Petroleum Company Limited, describing the allegation as inaccurate and capable of creating unnecessary tension within the sector. The Commission explained that at no point did such funds pass through its [...]

Source from InfoStride News

]]> https://www.theinfostride.com/upstream-regulator-refutes-claims-of-holding-back-n283-3bn-exploration-funds-meant-for-nnpc/feed/ 0 NNPC Ltd Receives $185 Million and N14.9 Billion from Frontier Exploration Fund https://www.theinfostride.com/nnpc-ltd-receives-185-million-and-n14-9-billion-from-frontier-exploration-fund/ https://www.theinfostride.com/nnpc-ltd-receives-185-million-and-n14-9-billion-from-frontier-exploration-fund/#respond Tue, 09 Dec 2025 13:22:50 +0000 https://www.theinfostride.com/?p=473162 Regulatory Commission (NUPRC) has confirmed that the Nigerian National Petroleum Company Limited (NNPC Ltd) has received a total of $185 million and N14.9 billion from the Frontier Exploration Fund (FEF), a development aimed at supporting ongoing exploration activities in underexplored hydrocarbon basins across the country. The disclosure comes amid ongoing discussions about the management and [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-ltd-receives-185-million-and-n14-9-billion-from-frontier-exploration-fund/feed/ 0 NNPC Settles $3bn Loan Using N991bn Worth of Crude – Report https://www.theinfostride.com/nnpc-settles-3bn-loan-using-n991bn-worth-of-crude-report/ https://www.theinfostride.com/nnpc-settles-3bn-loan-using-n991bn-worth-of-crude-report/#respond Sat, 06 Dec 2025 14:13:23 +0000 https://www.theinfostride.com/?p=472994 The Nigerian National Petroleum Company Limited (NNPC Ltd) has reportedly used crude oil valued at about N991 billion to service part of the $3 billion emergency loan it secured last year to stabilise the foreign exchange market and support its operational obligations. The latest findings, sourced from internal industry assessments and disclosures by officials familiar [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-settles-3bn-loan-using-n991bn-worth-of-crude-report/feed/ 0 NNPC to Channel Port Harcourt Refinery’s Surplus Power to National Grid https://www.theinfostride.com/nnpc-to-channel-port-harcourt-refinerys-surplus-power-to-national-grid/ https://www.theinfostride.com/nnpc-to-channel-port-harcourt-refinerys-surplus-power-to-national-grid/#respond Thu, 06 Nov 2025 15:24:56 +0000 https://www.theinfostride.com/?p=470951 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced plans to transmit surplus electricity generated by the Port Harcourt Refining Company (PHRC) to the national grid, as part of efforts to enhance power supply and maximize the refinery’s energy output. The move underscores the company’s commitment to energy optimization, industrial efficiency, and supporting Nigeria’s [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-to-channel-port-harcourt-refinerys-surplus-power-to-national-grid/feed/ 0 Aliko Dangote Says NNPC Can Raise Its Equity Stake in Dangote Refinery https://www.theinfostride.com/aliko-dangote-says-nnpc-can-raise-its-equity-stake-in-dangote-refinery/ https://www.theinfostride.com/aliko-dangote-says-nnpc-can-raise-its-equity-stake-in-dangote-refinery/#respond Sat, 25 Oct 2025 19:29:22 +0000 https://www.theinfostride.com/?p=469975 Africa’s richest man, Alhaji Aliko Dangote, has announced that the Nigerian National Petroleum Company Limited (NNPC Ltd) can increase its ownership stake in the Dangote Petroleum Refinery if it wishes to strengthen its investment in the project. Dangote made this statement during a recent interaction with journalists at the refinery complex in Ibeju-Lekki, Lagos, where [...]

Source from InfoStride News

]]> https://www.theinfostride.com/aliko-dangote-says-nnpc-can-raise-its-equity-stake-in-dangote-refinery/feed/ 0 NNPC Records N380bn Revenue Shortfall in September Amid Operational Challenges https://www.theinfostride.com/nnpc-records-n380bn-revenue-shortfall-in-september-amid-operational-challenges/ https://www.theinfostride.com/nnpc-records-n380bn-revenue-shortfall-in-september-amid-operational-challenges/#respond Thu, 23 Oct 2025 14:44:00 +0000 https://www.theinfostride.com/?p=469822 The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a staggering N380 billion revenue loss for September 2025, attributed to declining crude production, oil theft, and infrastructure sabotage that continue to plague Nigeria’s oil and gas sector. The development marks one of the largest single-month revenue shortfalls in recent years, raising concerns over the [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-records-n380bn-revenue-shortfall-in-september-amid-operational-challenges/feed/ 0 NNPC Ltd Records N216bn Profit on N4.26tr Turnover https://www.theinfostride.com/nnpc-ltd-records-n216bn-profit-on-n4-26tr-turnover/ https://www.theinfostride.com/nnpc-ltd-records-n216bn-profit-on-n4-26tr-turnover/#respond Wed, 22 Oct 2025 13:40:51 +0000 https://www.theinfostride.com/?p=469729 The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a profit of N216 billion for the 2024 financial year, achieved on a turnover of N4.26 trillion. The performance reflects the company’s strengthened financial and operational efficiency under the leadership of its Chief Executive Officer (GCEO), Bashir Bayo Ojulari. The announcement marks another milestone in [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-ltd-records-n216bn-profit-on-n4-26tr-turnover/feed/ 0 NNPC Attributes Cooking Gas Price Surge to PENGASSAN Strike https://www.theinfostride.com/nnpc-attributes-cooking-gas-price-surge-to-pengassan-strike/ https://www.theinfostride.com/nnpc-attributes-cooking-gas-price-surge-to-pengassan-strike/#respond Tue, 07 Oct 2025 14:23:03 +0000 https://www.theinfostride.com/?p=468479 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has linked the recent sharp increase in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to the ongoing strike action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The state-owned oil company stated that the industrial action has disrupted [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-attributes-cooking-gas-price-surge-to-pengassan-strike/feed/ 0 NNPC Counts Losses as PENGASSAN Suspends Strike https://www.theinfostride.com/nnpc-counts-losses-as-pengassan-suspends-strike/ https://www.theinfostride.com/nnpc-counts-losses-as-pengassan-suspends-strike/#respond Thu, 02 Oct 2025 13:05:56 +0000 https://www.theinfostride.com/?p=468066 The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed that it recorded significant financial and operational setbacks during the brief nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), even as the union announced a suspension of its industrial action. The strike, which was called off after marathon negotiations [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-counts-losses-as-pengassan-suspends-strike/feed/ 0 Craigwal Petroshore, NNPC Partner to Train Oil Professionals on Safety Practices https://www.theinfostride.com/craigwal-petroshore-nnpc-partner-to-train-oil-professionals-on-safety-practices/ https://www.theinfostride.com/craigwal-petroshore-nnpc-partner-to-train-oil-professionals-on-safety-practices/#respond Sun, 14 Sep 2025 12:57:49 +0000 https://www.theinfostride.com/?p=466590 Craigwal Petroshore, in partnership with the Nigerian National Petroleum Company Limited (NNPC), has launched an intensive training programme aimed at enhancing safety standards in Nigeria’s oil and gas industry. The initiative, which brings together industry experts, regulators, and professionals, is designed to address persistent concerns about workplace safety, environmental protection, and compliance with international best [...]

Source from InfoStride News

]]> https://www.theinfostride.com/craigwal-petroshore-nnpc-partner-to-train-oil-professionals-on-safety-practices/feed/ 0 NNPC Records Major Profit Slump, Falling from N905bn to N185bn in July https://www.theinfostride.com/nnpc-records-major-profit-slump-falling-from-n905bn-to-n185bn-in-july/ https://www.theinfostride.com/nnpc-records-major-profit-slump-falling-from-n905bn-to-n185bn-in-july/#respond Fri, 22 Aug 2025 09:09:20 +0000 https://www.theinfostride.com/?p=465653 The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a significant decline in its monthly profit, dropping from N905 billion in June to N185 billion in July. This represents one of the sharpest monthly decreases for the company in recent years and has raised concerns about operational and market dynamics within Nigeria’s oil and [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-records-major-profit-slump-falling-from-n905bn-to-n185bn-in-july/feed/ 0 Nigeria’s Oil Output Still Short of Its True Potential, NNPCL Says https://www.theinfostride.com/nigerias-oil-output-still-short-of-its-true-potential-nnpcl-says/ https://www.theinfostride.com/nigerias-oil-output-still-short-of-its-true-potential-nnpcl-says/#respond Thu, 21 Aug 2025 08:35:59 +0000 https://www.theinfostride.com/?p=465579 The Nigerian National Petroleum Company Limited has said the country’s oil production output is still falling short of its true potential despite its vast hydrocarbon reserves and recent gains in crude production.The Group Chief Executive Officer of NNPCL, Bayo Ojulari, stated this at the 4th Petroleum and Natural Gas Senior Staff Association of Nigeria Energy [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nigerias-oil-output-still-short-of-its-true-potential-nnpcl-says/feed/ 0 NNPC CEO Bayo Ojulari Reassures Nigerians on Refinery Rehabilitation and Energy Security https://www.theinfostride.com/nnpc-ceo-bayo-ojulari-reassures-nigerians-on-refinery-rehabilitation-and-energy-security/ https://www.theinfostride.com/nnpc-ceo-bayo-ojulari-reassures-nigerians-on-refinery-rehabilitation-and-energy-security/#respond Thu, 21 Aug 2025 08:08:43 +0000 https://www.theinfostride.com/?p=465567 The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has reaffirmed that Nigeria’s state-owned refineries will return to full operation, dismissing doubts raised by critics and industry observers. Ojulari, who spoke at a stakeholders’ engagement session in Abuja, said the rehabilitation of the Port Harcourt, Warri, and Kaduna [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-ceo-bayo-ojulari-reassures-nigerians-on-refinery-rehabilitation-and-energy-security/feed/ 0 NLNG Urges Greater Investments to Ensure Stable Gas Supply https://www.theinfostride.com/nlng-urges-greater-investments-to-ensure-stable-gas-supply/ https://www.theinfostride.com/nlng-urges-greater-investments-to-ensure-stable-gas-supply/#respond Sat, 16 Aug 2025 06:36:56 +0000 https://www.theinfostride.com/?p=465144 The Nigeria Liquefied Natural Gas (NLNG) Limited has called for increased investments in gas development to guarantee stable supply across the country, stressing that the sector requires urgent attention to meet Nigeria’s energy and industrialisation goals. The appeal was made during a strategic meeting with the Group Chief Executive Officer of the Nigerian National Petroleum [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nlng-urges-greater-investments-to-ensure-stable-gas-supply/feed/ 0 NNPC, Marketers Reduce Petrol Pump Prices Following Dangote Refinery’s Ex-Depot Slash https://www.theinfostride.com/nnpc-marketers-reduce-petrol-pump-prices-following-dangote-refinerys-ex-depot-slash/ https://www.theinfostride.com/nnpc-marketers-reduce-petrol-pump-prices-following-dangote-refinerys-ex-depot-slash/#respond Sat, 16 Aug 2025 06:26:03 +0000 https://www.theinfostride.com/?p=465140 Nigeria’s downstream petroleum sector witnessed a major shift as the Nigerian National Petroleum Company Limited (NNPC) and several independent marketers announced a reduction in petrol pump prices following Dangote Refinery’s decision to cut its ex-depot price. The development marks one of the most significant adjustments in the domestic fuel market since the removal of subsidies [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-marketers-reduce-petrol-pump-prices-following-dangote-refinerys-ex-depot-slash/feed/ 0 NNPC Laments Slow Pace in Developing Nigeria’s Untapped Oil Reserves https://www.theinfostride.com/nnpc-laments-slow-pace-in-developing-nigerias-untapped-oil-reserves/ https://www.theinfostride.com/nnpc-laments-slow-pace-in-developing-nigerias-untapped-oil-reserves/#respond Fri, 15 Aug 2025 08:43:38 +0000 https://www.theinfostride.com/?p=465056 The Nigerian National Petroleum Company Limited (NNPC Ltd) has expressed concern over the slow pace in the development and exploitation of the country’s vast untapped oil reserves, warning that prolonged delays could undermine Nigeria’s economic growth and its position as a leading crude oil producer in Africa. Speaking during an industry forum in Abuja, senior [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-laments-slow-pace-in-developing-nigerias-untapped-oil-reserves/feed/ 0 Stakeholders Criticise NNPC over Unfinished Refineries Repairs and Neglect https://www.theinfostride.com/stakeholders-criticise-nnpc-over-unfinished-refineries-repairs-and-neglect/ https://www.theinfostride.com/stakeholders-criticise-nnpc-over-unfinished-refineries-repairs-and-neglect/#respond Tue, 12 Aug 2025 10:45:37 +0000 https://www.theinfostride.com/?p=464753 Fuel marketers, industry stakeholders, and energy analysts have expressed deep frustration with the Nigerian National Petroleum Company Limited (NNPC) over the prolonged and unresolved rehabilitation of the nation’s refineries, accusing the state oil firm of negligence and mismanagement that have continued to undermine the country’s energy security. Despite repeated assurances from the NNPC and the [...]

Source from InfoStride News

]]> https://www.theinfostride.com/stakeholders-criticise-nnpc-over-unfinished-refineries-repairs-and-neglect/feed/ 0 Dangote Refinery Gets Fresh Crude Cargoes from NNPCL https://www.theinfostride.com/dangote-refinery-gets-fresh-crude-cargoes-from-nnpcl/ https://www.theinfostride.com/dangote-refinery-gets-fresh-crude-cargoes-from-nnpcl/#respond Wed, 23 Jul 2025 23:30:12 +0000 https://www.theinfostride.com/?p=405594 The Dangote Refinery has received fresh crude oil shipments from the Nigerian National Petroleum Company Limited (NNPCL), further strengthening its supply chain as it ramps up production. The latest deliveries underscore the collaboration between the refinery and Nigeria’s state-owned oil company to ensure a steady supply of feedstock for domestic refining. Industry sources indicate that [...]

Source from InfoStride News

]]> https://www.theinfostride.com/dangote-refinery-gets-fresh-crude-cargoes-from-nnpcl/feed/ 0 Finance Minister, NNPCL, Others Review Naira-for-Crude Policy https://www.theinfostride.com/finance-minister-nnpcl-others-review-naira-for-crude-policy/ https://www.theinfostride.com/finance-minister-nnpcl-others-review-naira-for-crude-policy/#respond Wed, 23 Jul 2025 23:20:25 +0000 https://www.theinfostride.com/?p=405599 The Federal Government, in collaboration with the Nigerian National Petroleum Company Limited (NNPCL) and other key stakeholders, is reviewing the naira-for-crude policy to address concerns over its implementation and impact on the economy. The policy, which was introduced to ease foreign exchange pressures and stabilize fuel supply, has faced challenges in execution, prompting the need [...]

Source from InfoStride News

]]> https://www.theinfostride.com/finance-minister-nnpcl-others-review-naira-for-crude-policy/feed/ 0 BREAKING: NNPCL Set to Sell Shares in Landmark Move https://www.theinfostride.com/breaking-nnpcl-set-to-sell-shares-in-landmark-move/ https://www.theinfostride.com/breaking-nnpcl-set-to-sell-shares-in-landmark-move/#respond Wed, 23 Jul 2025 22:20:56 +0000 https://www.theinfostride.com/?p=406624 The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to sell shares, marking a significant step in its transition towards becoming a commercially driven entity. This move is expected to open up investment opportunities for both local and foreign investors, signaling a major shift in Nigeria’s oil and gas industry. The announcement comes as [...]

Source from InfoStride News

]]> https://www.theinfostride.com/breaking-nnpcl-set-to-sell-shares-in-landmark-move/feed/ 0 NNPC, Partner Reduce Gas Flaring by 96% in Two Oil Fields https://www.theinfostride.com/nnpc-partner-reduce-gas-flaring-by-96-in-two-oil-fields/ https://www.theinfostride.com/nnpc-partner-reduce-gas-flaring-by-96-in-two-oil-fields/#respond Wed, 23 Jul 2025 22:00:05 +0000 https://www.theinfostride.com/?p=402687 The Nigerian National Petroleum Company Limited (NNPC) and its joint venture partner, First Exploration & Petroleum Development Company, have significantly cut gas flaring by 96% in the Anyala (OML 83) and Madu (OML 85) oil fields. This milestone aligns with Nigeria’s commitment to reducing environmental pollution and maximizing gas utilization. According to NNPC’s spokesperson, the [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-partner-reduce-gas-flaring-by-96-in-two-oil-fields/feed/ 0 NNPC considers selling government-owned refineries following Dangote’s comments https://www.theinfostride.com/nnpc-considers-selling-government-owned-refineries-following-dangotes-comments/ https://www.theinfostride.com/nnpc-considers-selling-government-owned-refineries-following-dangotes-comments/#respond Sat, 12 Jul 2025 11:42:29 +0000 https://www.theinfostride.com/?p=461737 The Nigerian National Petroleum Company Limited (NNPC Ltd) is reportedly considering divesting from some of its state-owned refineries, following recent remarks by Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, questioning the economic viability of rehabilitating government-run refineries. Dangote, whose newly commissioned 650,000 barrels-per-day refinery in Lagos is set to be the [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-considers-selling-government-owned-refineries-following-dangotes-comments/feed/ 0 NNPC refineries may never work again — Dangote https://www.theinfostride.com/nnpc-refineries-may-never-work-again-dangote/ https://www.theinfostride.com/nnpc-refineries-may-never-work-again-dangote/#respond Fri, 11 Jul 2025 15:18:59 +0000 https://www.theinfostride.com/?p=461681   Africa’s richest man, Aliko Dangote, has stirred fresh debate about Nigeria’s struggling oil refining industry by declaring that the country’s state-owned refineries may never function properly again despite decades of huge spending on turnaround maintenance. Dangote, whose new mega-refinery in Lagos has begun producing refined petroleum products, made the statement during a recent meeting [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-refineries-may-never-work-again-dangote/feed/ 0 NNPC’s Suspension of Crude Supply to Dangote Refinery Impacts OPEC Output https://www.theinfostride.com/nnpcs-suspension-of-crude-supply-to-dangote-refinery-impacts-opec-output/ https://www.theinfostride.com/nnpcs-suspension-of-crude-supply-to-dangote-refinery-impacts-opec-output/#respond Wed, 09 Apr 2025 08:01:08 +0000 https://www.theinfostride.com/?p=407702 The Nigerian National Petroleum Company (NNPC) Limited’s recent suspension of crude oil deliveries to the Dangote Refinery has significantly influenced Nigeria’s oil production figures, contributing to a decline in the Organization of the Petroleum Exporting Countries’ (OPEC) overall output. Background of the Suspension In October 2024, NNPC initiated a naira-for-crude arrangement, allowing local refiners, including [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcs-suspension-of-crude-supply-to-dangote-refinery-impacts-opec-output/feed/ 0 NNPC Introduces Technology to Track Oil Output https://www.theinfostride.com/nnpc-introduces-technology-to-track-oil-output/ https://www.theinfostride.com/nnpc-introduces-technology-to-track-oil-output/#respond Tue, 31 Dec 2024 00:30:39 +0000 https://www.theinfostride.com/?p=399351 The Nigerian National Petroleum Corporation (NNPC) has unveiled new technology aimed at improving the tracking and monitoring of the country’s oil output. The initiative is part of the corporation’s efforts to enhance transparency, improve efficiency, and ensure accurate reporting of production levels across the nation’s oil fields. The new system integrates advanced digital tools and [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-introduces-technology-to-track-oil-output/feed/ 0 Kyari’s Tenure at NNPC: Navigating Challenges Amid Growing Concerns https://www.theinfostride.com/kyaris-tenure-at-nnpc-navigating-challenges-amid-growing-concerns/ https://www.theinfostride.com/kyaris-tenure-at-nnpc-navigating-challenges-amid-growing-concerns/#respond Mon, 30 Dec 2024 11:46:35 +0000 https://www.theinfostride.com/?p=399113 The tenure of Mele Kyari as the Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) has sparked widespread anxiety and debate. As one of the most influential figures in Nigeria’s oil and gas sector, Kyari’s leadership has coincided with a period of significant transformation and turbulence. Appointed in July 2019, Kyari inherited [...]

Source from InfoStride News

]]> https://www.theinfostride.com/kyaris-tenure-at-nnpc-navigating-challenges-amid-growing-concerns/feed/ 0 Nigeria Exceeds OPEC Oil Production Quota, Says NNPC https://www.theinfostride.com/nigeria-exceeds-opec-oil-production-quota-says-nnpc/ https://www.theinfostride.com/nigeria-exceeds-opec-oil-production-quota-says-nnpc/#respond Tue, 26 Nov 2024 19:02:39 +0000 https://www.theinfostride.com/?p=395789 The Nigerian National Petroleum Company Limited (NNPC) has revealed that the country’s crude oil production has surpassed the quota allocated by the Organization of Petroleum Exporting Countries (OPEC). This development comes amidst ongoing efforts to stabilize and boost Nigeria’s oil output following years of disruptions caused by theft, sabotage, and underinvestment. Surpassing Expectations Nigeria’s OPEC [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nigeria-exceeds-opec-oil-production-quota-says-nnpc/feed/ 0 NNPCL Falling Short on Agreed Crude Volumes, Says Dangote Refinery https://www.theinfostride.com/nnpcl-falling-short-on-agreed-crude-volumes-says-dangote-refinery/ https://www.theinfostride.com/nnpcl-falling-short-on-agreed-crude-volumes-says-dangote-refinery/#respond Sun, 24 Nov 2024 17:44:51 +0000 https://www.theinfostride.com/?p=395547 The Dangote Refinery has raised concerns over the inability of the Nigerian National Petroleum Company Limited (NNPCL) to meet agreed crude oil supply volumes, a situation that could hinder the refinery’s operations and planned contributions to Nigeria’s energy sector. This revelation comes as the country anticipates the refinery’s full-scale operation to reduce reliance on imported [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-falling-short-on-agreed-crude-volumes-says-dangote-refinery/feed/ 0 NNPCL Kicks Off Utapate Crude Sale to Global Refiners https://www.theinfostride.com/nnpcl-kicks-off-utapate-crude-sale-to-global-refiners/ https://www.theinfostride.com/nnpcl-kicks-off-utapate-crude-sale-to-global-refiners/#respond Thu, 21 Nov 2024 07:40:12 +0000 https://www.theinfostride.com/?p=395101 The Nigerian National Petroleum Corporation Limited (NNPCL) has officially launched the sale of its Utapate crude oil to global refiners, marking a significant milestone in the country’s oil export strategy. The sale is expected to strengthen Nigeria’s position in the international oil market and help maximize the revenue potential from its crude oil reserves. Utapate [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-kicks-off-utapate-crude-sale-to-global-refiners/feed/ 0 NNPCL Appoints New Executive Vice Presidents and CFO to Strengthen Leadership Team https://www.theinfostride.com/nnpcl-appoints-new-executive-vice-presidents-and-cfo-to-strengthen-leadership-team/ https://www.theinfostride.com/nnpcl-appoints-new-executive-vice-presidents-and-cfo-to-strengthen-leadership-team/#respond Thu, 14 Nov 2024 09:45:02 +0000 https://www.theinfostride.com/?p=394137 The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of new Executive Vice Presidents (EVPs) and a Chief Financial Officer (CFO), as part of its strategic move to bolster leadership and drive operational efficiency. The newly appointed executives bring a wealth of industry experience and are expected to play a pivotal role in [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpcl-appoints-new-executive-vice-presidents-and-cfo-to-strengthen-leadership-team/feed/ 0 Dangote Urges NNPC and Marketers to Cease Fuel Imports, Citing Domestic Sufficiency https://www.theinfostride.com/dangote-urges-nnpc-and-marketers-to-cease-fuel-imports-citing-domestic-sufficiency/ https://www.theinfostride.com/dangote-urges-nnpc-and-marketers-to-cease-fuel-imports-citing-domestic-sufficiency/#respond Wed, 30 Oct 2024 21:48:16 +0000 https://www.theinfostride.com/?p=392750 Aliko Dangote, the prominent Nigerian businessman and founder of Dangote Group, has made a compelling case for the Nigerian National Petroleum Corporation (NNPC) and fuel marketers to halt fuel imports, asserting that Nigeria possesses sufficient domestic resources to meet its fuel needs. His remarks come in light of ongoing discussions about Nigeria’s energy sector, particularly [...]

Source from InfoStride News

]]> https://www.theinfostride.com/dangote-urges-nnpc-and-marketers-to-cease-fuel-imports-citing-domestic-sufficiency/feed/ 0 NNPC still sole Dangote petrol buyer – Marketers https://www.theinfostride.com/nnpc-still-sole-dangote-petrol-buyer-marketers/ https://www.theinfostride.com/nnpc-still-sole-dangote-petrol-buyer-marketers/#respond Thu, 17 Oct 2024 20:23:27 +0000 https://www.theinfostride.com/?p=391199 Contrary to recent speculation about the liberalization of access to petrol from the Dangote refinery, petroleum marketers have clarified that the Nigerian National Petroleum Company (NNPC) remains the sole off-taker of the refinery’s petrol output. Despite expectations that marketers would soon be able to purchase petrol directly from the facility, industry insiders have confirmed that [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-still-sole-dangote-petrol-buyer-marketers/feed/ 0 Over 1,300 APC Members Defect to NNPP in Ganduje’s Hometown https://www.theinfostride.com/over-1300-apc-members-defect-to-nnpp-in-gandujes-hometown/ https://www.theinfostride.com/over-1300-apc-members-defect-to-nnpp-in-gandujes-hometown/#respond Sat, 28 Sep 2024 10:00:56 +0000 https://www.theinfostride.com/?p=390098 In a significant political shift, no fewer than 1,331 members of the All Progressives Congress (APC) from Dawakin Tofa, the hometown of the party’s National Chairman, Dr. Umar Abdullahi Ganduje, have defected to the ruling New Nigerian Peoples Party (NNPP) in Kano State. The defectors, who are primarily from 11 wards in Dawakin Tofa Local [...]

Source from InfoStride News

]]> https://www.theinfostride.com/over-1300-apc-members-defect-to-nnpp-in-gandujes-hometown/feed/ 0 Federal Government Distances Itself from NNPCL and Dangote Refinery Petrol Price Dispute https://www.theinfostride.com/federal-government-distances-itself-from-nnpcl-and-dangote-refinery-petrol-price-dispute/ https://www.theinfostride.com/federal-government-distances-itself-from-nnpcl-and-dangote-refinery-petrol-price-dispute/#respond Wed, 25 Sep 2024 10:00:51 +0000 https://www.theinfostride.com/?p=389887 The Federal Government has declared that it will not intervene in the ongoing dispute over petrol pump prices between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery. According to the government, both parties are free to determine their own market prices for petrol, commonly known as Premium Motor Spirit (PMS). This position was [...]

Source from InfoStride News

]]> https://www.theinfostride.com/federal-government-distances-itself-from-nnpcl-and-dangote-refinery-petrol-price-dispute/feed/ 0 NNPC Refutes Claims of Undermining Dangote Refinery, Emphasises Fair Market Competition https://www.theinfostride.com/nnpc-refutes-claims-of-undermining-dangote-refinery-emphasises-fair-market-competition/ https://www.theinfostride.com/nnpc-refutes-claims-of-undermining-dangote-refinery-emphasises-fair-market-competition/#respond Sat, 07 Sep 2024 13:00:10 +0000 https://www.theinfostride.com/?p=388663 The Nigerian National Petroleum Company Limited (NNPC Ltd) has strongly denied allegations that it is working to undermine the operations of the Dangote Refinery, asserting that the petroleum market in Nigeria remains open and competitive, allowing for fair pricing from any domestic refinery. The rebuttal comes in response to accusations made by the Muslim Rights [...]

Source from InfoStride News

]]> https://www.theinfostride.com/nnpc-refutes-claims-of-undermining-dangote-refinery-emphasises-fair-market-competition/feed/ 0 PDP Rejects Petrol Price Hike: A Call for Immediate Reversal Amidst Economic Hardship https://www.theinfostride.com/pdp-rejects-petrol-price-hike-a-call-for-immediate-reversal-amidst-economic-hardship/ https://www.theinfostride.com/pdp-rejects-petrol-price-hike-a-call-for-immediate-reversal-amidst-economic-hardship/#respond Wed, 04 Sep 2024 19:00:57 +0000 https://www.theinfostride.com/?p=388515 The Peoples Democratic Party (PDP) has firmly rejected the recent increase in the pump price of petrol in Nigeria, labelling the move as reckless and ill-timed. In a statement issued by the party’s National Publicity Secretary, Debo Ologunagba, in Abuja on Thursday, the PDP called on President Bola Tinubu to take urgent action to reverse [...]

Source from InfoStride News

]]> https://www.theinfostride.com/pdp-rejects-petrol-price-hike-a-call-for-immediate-reversal-amidst-economic-hardship/feed/ 0 CNPP Demands Urgent Forensic Audit of NNPC’s Financial Activities Under Mele Kyari https://www.theinfostride.com/cnpp-demands-urgent-forensic-audit-of-nnpcs-financial-activities-under-mele-kyari/ https://www.theinfostride.com/cnpp-demands-urgent-forensic-audit-of-nnpcs-financial-activities-under-mele-kyari/#respond Thu, 22 Aug 2024 11:00:46 +0000 https://www.theinfostride.com/?p=387578 The leadership of the Conference of Nigeria Political Parties (CNPP) has issued a strong call for an independent forensic audit of the Nigerian National Petroleum Company Limited (NNPC), focusing on the period of Engineer Mele Kyari’s leadership from 2020 to the present. This demand comes in response to recent revelations regarding NNPC’s financial operations, which [...]

Source from InfoStride News

]]> https://www.theinfostride.com/cnpp-demands-urgent-forensic-audit-of-nnpcs-financial-activities-under-mele-kyari/feed/ 0 CNPP Demands Suspension of NNPC MD Over Alleged Scandals https://www.theinfostride.com/cnpp-demands-suspension-of-nnpc-md-over-alleged-scandals/ https://www.theinfostride.com/cnpp-demands-suspension-of-nnpc-md-over-alleged-scandals/#respond Sun, 11 Aug 2024 10:00:19 +0000 https://www.theinfostride.com/?p=386873 The Conference of Nigerian Political Parties (CNPP) has called for the immediate suspension of Mele Kyari, the Managing Director of the Nigerian National Petroleum Corporation (NNPC), amid a series of allegations and controversies surrounding the corporation. The group has also demanded an independent investigation into claims of subsidy fraud, substandard imports, and the ongoing mismanagement [...]

Source from InfoStride News

]]> https://www.theinfostride.com/cnpp-demands-suspension-of-nnpc-md-over-alleged-scandals/feed/ 0 Atiku Abubakar Urges Vigilance Over Dangote Refinery’s Progress Amid Allocation Dispute https://www.theinfostride.com/atiku-abubakar-urges-vigilance-over-dangote-refinerys-progress-amid-allocation-dispute/ https://www.theinfostride.com/atiku-abubakar-urges-vigilance-over-dangote-refinerys-progress-amid-allocation-dispute/#respond Fri, 09 Aug 2024 21:00:50 +0000 https://www.theinfostride.com/?p=386746 Former Vice President Atiku Abubakar has emphasised the need for vigilance and proactive measures to ensure that the Dangote Refinery, a crucial investment for Nigeria, is not obstructed by any internal or external forces. His comments reflect growing concerns over recent disputes regarding crude oil allocations essential for the refinery’s operations. In a statement posted [...]

Source from InfoStride News

]]> https://www.theinfostride.com/atiku-abubakar-urges-vigilance-over-dangote-refinerys-progress-amid-allocation-dispute/feed/ 0