NNPCL

Nigeria loses $700m monthly to oil theft — NNPCL

By Uthman Salami The Nigerian National Petroleum Company Limited (NNPCL) said that it is losing 470,000 bpd amounting to $700 million monthly over the large scale of oil theft, adding that security challenges have impeded oil production in some terminals.…

NNPCL rejects call for legalisation of Artisanal refineries

The Nigerian National Petroleum Company (NNPC) Limited has rejected suggestions from stakeholders to legalise artisanal refining of crude oil in the Niger Delta. Artisanal oil refining is small-scale crude oil processing or subsistent distillation of petroleum that is often outside…

NNPCL, a transition long overdue —BMO

The Federal Government’s inspired transition of the Nigeria National Petroleum Corporation (NNPC) to a private limited liability company is a landmark achievement, according to the Buhari Media Organisation (BMO). The group noted that for many years, including during the military era,…