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NNPC memo: Governors seek end to petrol subsidy

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Nigerian Governors are in support of total withdrawal of petrol subsidy to stop scams in the system which milks the country's economy to the...

Fuel scarcity in Abuja continues

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Scarcity of the Premium Motor Spirit (PMS) petrol on Monday persisted in the Federal Capital Territory (FCT), Abuja. While Leakblast monitored the petrol market situation...

” We have no plans to hike petroleum price in February”-NNPC

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The Nigerian National Petroleum Corporation (NNPC) has denied plans to increase fuel price from February. There had been speculations the prices of petroleum products may...

NNPC begs Labour for one week grace to consult on reversal...

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The Nigeria National Petroleum Corporation, NNPC, on Thursday night, requested that the organized labour should give it one week to consult on the reversal...

Port Harcourt Refinery’s rehabilitation to begin in Q1 2021 – NNPC

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The Nigerian National Petroleum Corporation (NNPC) said it will begin the second phase of the rehabilitation of Port-Harcourt Refinery in the first quarter of...

Senate seeks audit of NNPC, NPA, NIMASA

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The Senate has called on the acting Auditor General of the Federation, Adolphus Aghughu, to focus more on the financial activities of big revenue...

Auditor General accuses NNPC, CBN of non-remittance of N3.235 trillion

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The Auditor General of the Federation has queried the Nigeria National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN) for not remitting...

NNPC, SEPLAT embark on $700m gas project in Imo

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Chairman of SEPLAT Petroleum Development Company Bryant Orjiako has said the construction of a $700 million gas plant at Assah, Ohaji/Egbema Local Government Area...

10,000 bopd under threat, as pipeline explosion hits OML 40

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Nigeria’s crude oil production under threat as the Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, confirmed an...

Worries as NNPC’s liabilities hit N4.4tn higher than its assets

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The liabilities of the Nigerian National Petroleum Corporation (NNPC) as a group outweighed the value of its assets by N4.4 trillion in 2019 The...

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