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NNPC News

NNPCL’s Revenue, PAT Drop In July

The Nigerian National Petroleum Company Limited (NNPCL) experienced a significant financial downturn in July 2025, with both revenue and profit after tax (PAT) declining sharply compared to the previous month. The national oil company’s revenue dropped to N4.406 trillion, while profit
August 24, 2025

NNPC Boss Seeks Stakeholder Collaboration To Boost Production

Group Chief Executive Officer of the Nigeria National Petroleum Company (NNPC) Limited, Engr Bayo Ojulari, has called for stakeholder collaboration to unlock stranded assets and boost production across value chains in the oil and gas industry. He called for collaboration between labour
August 21, 2025

Nigeria’s Presidency Denies Forcing NNPC GCEO Ojulari To Resign 

The Nigeria’s Presidency has denied alleged attempts to force Group Chief Executive Officer (GCEO) of Nigeria National Petroleum Company (NNPC) Limited, Bayo Ojulari, to sign his resignation letter. This rebuttal comes amid reports that the Economic and Financial Crimes Commission (EFCC) and
August 3, 2025

Port Harcourt Refinery Not For Sale—NNPC  

The Nigerian National Petroleum Company Limited (NNPC) has declared that the Port Harcourt Refinery is not for sale,  reaffirming its commitment to completing rehabilitation of the plant. Group Chief Executive Officer (GCEO) of NNPC, Bashir Bayo Ojulari, made this known during a
July 30, 2025

NNPCL Shuts Down Port Harcourt Refinery For Maintenance

The Nigerian National Petroleum Company Limited (NNPCL) has announced a shutdown of the Port Harcourt Refining Company (PHRC), beginning Saturday, 24 May 2025. In a statement released Saturday by the Chief Corporate Communications Officer, Femi Soneye, the national oil company said the
May 24, 2025
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