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NNPC Ltd secures emergency crude repayment loan from Afreximbank amid speculation...

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WED, AUGUST 16 2023-theGBJournal |The NNPC Ltd. and African Export Import Bank (Afreximbank) have jointly signed a commitment letter and Termsheet for an emergency...

House of Reps Committee dismisses alleged loss of over $2.4 Billion...

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...Records show Nigeria produces about 250,000 barrels of bonny light crude daily and is exported mainly from one terminal (Bonny) so it would take...

Owed over N2.8 trillion, NNPC is scraping its crude swap contract

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MON, JUNE 05 2023-theGBJournal |NNPC Limited Group Chief Executive officer, Mele Kyari told Reuters Sunday the state oil company is winding down its crude...

Petrol to sell as high as N550/litre and NNPC says latest...

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TUE, MAY 31 2023-theGBJournal |NNPC Limited has officially announced adjustments to the pump prices of PMS across its retail outlets in Nigeria, and said...

NNPC Group CEO, Mele Kyari responds to subsidy removal, reassures petrol...

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TUE, MAY 30 2023-theGBJournal |The Group Chief Executive Officer, NNPC Limited, Mele Kyari says the Group welcomes the decision of President Bola Ahmed Tinubu...

NNPC Limited resumes crude oil and gas drilling campaigns in the...

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WED, MAY 24 2023-theGBJournal |President Muhammadu Buhari Tuesday in Abuja flagged off the resumption of physical activities towards the exploration of crude oil and...

NNPC Limited set to supply 300,000 barrels of crude to Dangote...

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SAT, MAY 20 2023-theGBJournal | NNPC Limited is set to supply 300,000 barrels of crude to Dangote Refinery for the commencement of operations. The state...

NNPC evicts Eroton Exploration and Production Ltd as operator of OML...

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TUE. 07 MARCH 2023-theGBJournal | State oil company, the NNPC Limited has taken control of the operational and production assets in the oil mining lease 18...

Petrol marketers projects product could sell for N800/litre once subsidy is...

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MON. 23 JANUARY, 2023-theGBJournal| Petrol marketers said Sunday that the cost of the petrol could cross N800 per litre once subsidy on petrol (PMS)...

NNPC Limited set to drill first oil well in Nasarawa State

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SAT. 14 JANUARY, 2023-theGBJournal| Group CEO NNPC Limited Mallam Mele Kyari announced Friday that the official spud-in of first oil well in Nasarawa State...