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NNPC

  • In the News

    Shell Exits IOCs’ Deal with NCDMB, NNPC; Seeks More Waivers

    by Adenike Adeodun November 20, 2023
    by Adenike Adeodun November 20, 2023

    In a significant setback for Nigeria’s oil and gas industry, Shell has reportedly withdrawn from a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPC) and the …

  • Energy Transition

    Nigeria’s Green Fuel Revolution: How Corn and Sugarcane Could Power the Future 

    by Motoni Olodun November 19, 2023
    by Motoni Olodun November 19, 2023

    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 …

  • Oil & Gas

    NNPC Ltd Resolves PENGASSAN-TotalEnergies Rift, Restarts Oil Production

    by Oluwatosin Racheal Alabi November 14, 2023
    by Oluwatosin Racheal Alabi November 14, 2023

    NNPC Ltd successfully mediated between PENGASSAN and TotalEnergies, leading to the restoration of 275,000 barrels of oil per day production.

  • In the NewsOil & Gas

    Skepticism Mounts as Senate Probes Trillions in Refinery Funds

    by Adenike Adeodun October 30, 2023
    by Adenike Adeodun October 30, 2023

    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 …

  • In the NewsOil & Gas

    Kyari: Nigeria to Start Exporting Refined Petroleum in 2024.

    by Adenike Adeodun October 10, 2023
    by Adenike Adeodun October 10, 2023

    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 …

  • Oil & Gas

    NNPC Pipeline Deals Spark Outrage in Nigeria’s Oil Sector

    by Motoni Olodun October 5, 2023
    by Motoni Olodun October 5, 2023

    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 …

  • In the News

    Afreximbank Partners with Oil Traders on NNPC’s $3bn Loan

    by Oluwatosin Racheal Alabi September 28, 2023
    by Oluwatosin Racheal Alabi September 28, 2023

    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 …

  • In the NewsOil & Gas

    Dangote Refinery Seeks Domestic Crude Amid NNPC’s Loan Deals

    by Adenike Adeodun September 20, 2023
    by Adenike Adeodun September 20, 2023

    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 …

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Nigeria’s Oil Boom: Record Production in September 2023

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