KEY POINTS Nigeria’s state energy company, NNPCL, said it has stabilised operations on the Escravos Lagos Pipeline System following a disruption in Delta State, moving to isolate affected sections and …
NNPC
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KEY POINTS The Nigerian National Petroleum Company Limited and Heirs Energies have taken a significant step toward curbing long-standing flaring of OML 17 across their joint onshore asset, sealing agreements …
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Supply Surges as Dangote Refinery Output Jumps in November
KEY POINTS Petrol deliveries from the Dangote Refinery climbed sharply in November, offering a temporary cushion to a domestic market still heavily reliant on imports and facing rising end-of-year fuel …
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In the NewsMarketsOil & Gas
Nigeria’s NNPC E&P Hits 355,000 Barrels a Day, Its Highest Output in 36 Years
KEY POINTS Nigeria’s upstream ambitions received an unexpected lift at the start of December as NNPC E&P Limited, the flagship exploration and production arm of NNPC Limited, pushed its crude …
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In the NewsOil & Gas
NNPC Faces Fresh Scrutiny as Auditor Queries £14 Million Spent on London Office
KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has once again found itself under pressure after the Auditor-General raised concerns over more than £14 million reportedly spent on the …
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In the NewsMarketsOil & Gas
Nigeria’s Crude Output Slips as Maintenance Work Slows NNPC’s October Flows
KEY POINTS Nigeria’s crude oil production eased in October as facility maintenance across several offshore assets weighed on output, even as the state oil company posted a sharp rise in …
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In the NewsOil & Gas
NNPC–Heirs Energies Lift Nigeria’s Gas Output with Breakthrough OML 17 Project
Nigeria’s domestic gas supply has received a significant boost after the NNPC and Heirs Energies joint venture on OML 17 added 135 million standard cubic feet of gas per day …
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KEY POINTS Nigeria’s state oil company, NNPC, is again under pressure after a fresh audit by the Office of the Auditor-General of the Federation detailed more than N684 million in …
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KEY POINTS The Nigerian Presidency is weighing significant changes to the ownership structure of the Nigerian National Petroleum Company Limited, NNPC, as concerns mount over the state firm’s limited contribution …
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KEY POINTS The Dangote Petroleum Refinery has withdrawn its N100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Company (NNPC) Limited, …