
By AYOOLA OLAOLUWA More oil marketing firms are divesting from the nation’s downstream petroleum sector as operating cost continues to soar and profits tumble, Business Hallmark...

BY EMEKA EJERE Strident calls for the scrapping of the national oil company, the Nigeria National Petroleum Company Limited (NNPCL), have continued to rent the air...

The Nigerian National Petroleum Company (NNPC) Limited has appointed five vice presidents as part of its drive to improve performance. The appointment, it was gathered, was...

The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax (PAT) of N674 billion for the 2021 financial year. Malam Mele Kyari, group...

The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from OVH Energy. Mele Kyari, the Group...

The Nigerian National Petroleum Company (NNPC) Limited has said it recorded 8.14 million barrels of production losses across crude oil terminals in July 2022. The NNPC...

BY EMEKA EJERE The long-running controversy over the amount of Premium Motor Spirit (PMS), otherwise known as petrol, consumed in Nigeria on daily basis may...

BY EMEKA EJERE Stakeholders are questioning the rationale behind increasing budgetary allocations for the maintenance of the state-owned refineries, even as the plants generated zero revenue...

Col. Hameed Ali (retd.), the Comptroller-General of Nigeria Customs Service, has noted that the Nigerian National Petroleum Company (NNPC) Limited cannot justify the over N6.34tn subsidy...