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188 OIL THEFT CASES RECORDED IN ONE WEEK
The Nigerian National Petroleum Company Limited (NNPCL) reported 188 cases of oil theft between August 24 and 30, 2024, with incidents spread across the Niger Delta. Key findings include:1. Illegal Re...
NNPCL Completes Rehabilitation of Port Harcourt Refining Company
The federal government alongside the NNPCL recently announced the completion of the rehabilitation work on the Area-5 Plant of the Port Harcourt Refining Company in Rivers State.The facility is expect...
House of Representatives Moves to Probe NNPCL JV Deals of $60 Billion
The House of Representatives has announced that it would move to investigate the loss of over $60 billion in revenue due to the alleged inflated cash calls by the Nigerian National Petroleum Company L...
Fox Petroleum Group Invests $7.5 Billion Into the NNPCL
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
Oil Contract Acceleration: NNPCL IOC's Sign MoU
On Monday, September 25, the Nigerian National Petroleum Company Limited (NNPC) and the Nigerian Content Development and Monitoring Board (NCDMB) signed a Memorandum of Understanding (MoU) with the in...