In a significant setback for Nigeria’s oil and gas industry, Shell has reportedly withdrawn from a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPC) and the …
NNPC
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Nigeria is set to produce cleaner and cheaper fuel from corn and sugarcane, thanks to a landmark partnership between the state-owned oil company and a local government. The project aims …
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NNPC Ltd successfully mediated between PENGASSAN and TotalEnergies, leading to the restoration of 275,000 barrels of oil per day production.
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The Senate’s recent move to reclaim the alleged N11.3 trillion spent on Turn Around Maintenance (TAM) for the nation’s defunct refineries has drawn skepticism from civil society organizations, oil and …
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Amid circulating reports about persisting petrol subsidies, the Nigerian National Petroleum Company Limited (NNPC) firmly quashed these speculations. Specifically, Mele Kyari, NNPC’s Group Chief Executive Officer, clarified there is no …
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The Nigerian National Petroleum Company Limited (NNPC) has come under fire from industry operators for awarding contracts to rehabilitate the country’s pipelines to four companies, two of which are downstream …
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The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil …
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Amidst rising anticipation, the Dangote Petroleum Refinery is currently importing crude oil, expecting to receive its inaugural crude cargo in a fortnight, according to Devakumar Edwin, the Executive Director of …