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...
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...
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...
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...
The National Security Adviser to President Tinubu, Malam Nuhu Ribadu has expressed his regrets as he describes how Nigeria still loses 400,000 barrels of crude oil due to oil theft from both local and...