KEY POINTS The state oil company of Nigeria claims that it is almost ready to resume full crude flows through its export terminals and pipelines, signaling a change in a …
NNPC
-
-
In the NewsMarketsOil & Gas
NNPC Profit Slumps Nearly 80% in July as Revenues Falter Despite Oil Gains
KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …
-
Energy TransitionIn the NewsOil & Gas
NNPC-Sahara’s WAGL Energy Expands LPG Fleet Beyond 160,000 Cubic Meters
KEY POINTS Another significant step has been taken in the pursuit of liquefied petroleum gas by Nigeria’s state oil company, NNPC, and Sahara Group, its longstanding private partner. Their joint …
-
KEY POINTS Although it provides some respite for drivers, the Nigerian National Petroleum Company Limited‘s, NNPC decision to lower the pump price of gasoline by ₦10 per litre at its …
-
NNPC expands LNG exports to Japan and China, boosting its presence in global energy markets.
-
Nigeria ends the oil-for-naira market, adopting a transparent system for crude oil sales. The reform aims to improve transparency and attract investment in the oil sector
-
Nigeria is focusing on eight idle oil fields to boost its struggling petrodollar economy, potentially adding over 300,000 barrels per day to national production and attracting significant investment.
-
A dispute over crude supply between NNPC, Dangote Group, and IOCs exposes deeper issues within Nigeria’s oil industry, posing risks to economic stability.
-
At CERAWeek 2024, NNPC unveils its vision, leading the charge towards a sustainable, innovative global energy landscape.
-
The NNPCL spends heavily on security amid rising challenges, putting Nigeria’s oil production and sector profitability at risk.