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NNPC

  • In the NewsMarketsOil & Gas

    Nigeria’s NNPC E&P Hits 355,000 Barrels a Day, Its Highest Output in 36 Years

    by Oluwatosin Racheal Alabi December 10, 2025
    by Oluwatosin Racheal Alabi December 10, 2025

    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 …

  • In the NewsOil & Gas

    NNPC Faces Fresh Scrutiny as Auditor Queries £14 Million Spent on London Office

    by Oluwatosin Racheal Alabi December 3, 2025
    by Oluwatosin Racheal Alabi December 3, 2025

    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 …

  • In the NewsMarketsOil & Gas

    Nigeria’s Crude Output Slips as Maintenance Work Slows NNPC’s October Flows

    by Oluwatosin Racheal Alabi November 30, 2025
    by Oluwatosin Racheal Alabi November 30, 2025

    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 …

  • In the NewsOil & Gas

    NNPC–Heirs Energies Lift Nigeria’s Gas Output with Breakthrough OML 17 Project

    by Oluwatosin Racheal Alabi November 27, 2025
    by Oluwatosin Racheal Alabi November 27, 2025

    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 …

  • In the NewsOil & Gas

    NNPC Faces Scrutiny as Audit Uncovers N684 Million in Irregular Contracts

    by Oluwatosin Racheal Alabi November 21, 2025
    by Oluwatosin Racheal Alabi November 21, 2025

    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 …

  • In the NewsOil & Gas

    Presidency Considers Major Restructuring of NNPC to Boost Oil Production

    by Oluwatosin Racheal Alabi November 11, 2025
    by Oluwatosin Racheal Alabi November 11, 2025

    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 …

  • In the NewsOil & Gas

    Dangote Refinery Withdraws N100 Billion Suit Against Oil Regulator

    by Oluwatosin Racheal Alabi November 6, 2025
    by Oluwatosin Racheal Alabi November 6, 2025

    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, …

  • In the NewsOil & Gas

    SERAP Demands NNPCL Account for Missing N22.3bn and Foreign Oil Funds

    by Oluwatosin Racheal Alabi October 26, 2025
    by Oluwatosin Racheal Alabi October 26, 2025

    KEY POINTS The Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Mr Bayo Bashir Ojulari, to …

  • In the NewsMarkets

    NNPCL Reports N4.27 Trillion Revenue, N216 Billion Profit in September

    by Oluwatosin Racheal Alabi October 22, 2025
    by Oluwatosin Racheal Alabi October 22, 2025

    KEY POINTS The Nigerian National Petroleum Company, NNPCL, has posted a total revenue of N4.27 trillion and a profit after tax of N216 billion for September 2025, underscoring a steady …

  • In the News

    Fuel Queues Resurface in Lagos

    by Oluwatosin Racheal Alabi October 2, 2025
    by Oluwatosin Racheal Alabi October 2, 2025

    KEY POINTS Fuel queues have returned to Nigeria’s biggest cities, Lagos and Abuja, ending months of relative stability in the country’s volatile downstream market. Motorists spent hours searching for petrol …

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Nigeria’s Oil Boom: Record Production in September 2023

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South Africa Moves Ahead With Eskom Break-Up as Government Clears Revised Market Reform Plan

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