KEY POINTS Nigeria’s crude oil production rose to 1.459 million barrels per day in January 2026, according to the latest Monthly Oil Market Report released by the Organization of the …
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NNPC
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has announced a temporary reduction in gas supply to some electricity generation companies from February 12 to February 15, 2026. The …
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KEY POINTS The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, says the old Port Harcourt refinery has reached about 90 percent rehabilitation …
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In the NewsOil & Gas
NNPC, Industry Leaders Reaffirm Commitment to African Energy Growth at SAIPEC 2026
KEY POINTS The Group Managing Director of NNPC Ltd., Mr. Bayo Ojulari, has reiterated the company’s dedication to strengthening partnerships, developing indigenous capacity, and positioning gas as a central driver …
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KEY POINTS Former Vice President Atiku Abubakar has argued that the Nigerian National Petroleum Company Limited’s (NNPCL) admission that reopening the Port Harcourt Refinery is a waste of resources validates …
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In the NewsOil & Gas
NUPRC, NNPC Pledge Deeper Partnership to Cut Costs and Improve Efficiency in Oil and Gas Sector
KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and the Nigerian National Petroleum Company Limited, (NNPC) have agreed to strengthen collaboration to enhance operational efficiency across Nigeria’s oil and …
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KEY POINTS Bayo Ojulari, Chief Executive Officer of the Nigerian National Petroleum Company, NNPC, Limited, has attributed the persistent failure of Nigeria’s state-owned refineries to an overemphasis on financing and …
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In the NewsOil & Gas
NNPC in Talks with Chinese Petrochemical Giant to Revive State-Owned Refineries
KEY POINTS Nigeria’s domestic refining capacity may soon receive a significant boost as the Nigerian National Petroleum Company Limited, NNPC, begins discussions with a major Chinese petrochemical firm over the …
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has shut down its state-owned refineries following an internal review that revealed the facilities were incurring “monumental losses” and destroying value …
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KEY POINTS Three subsidiaries of the Dangote Group; Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc,announced on Monday that they had signed strengthened gas supply contracts with units …
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