NNPC

Mumuni Dagazau, Executive Vice President, Downstream, NNPC Limited, disclosed this on Thursday in Abuja during the commissioning of a technology-driven service station with electric vehicle charging facilities on Bill Clinton Drive, Airport Road.

The Nigerian National Petroleum Company Limited has said the Obiafu-Obrikom-Oben (OB3) gas pipeline is ready for first gas, marking a major milestone in the development of Nigeria’s gas transmission infrastructure.

The decline reversed much of the strong earnings improvement recorded between March and June, when monthly profit rose from N276 billion to N481 billion in April, N462 billion in May and N535 billion in June.

Justice Akintayo Aluko, in an interim ruling, also barred the regulator, its officers, agents and representatives from sealing, shutting down, restricting access to, obstructing, suspending, disrupting, inspecting, supervising, sanctioning or otherwise interfering with the refinery’s operations pending the determination of the substantive application before the court.

The agreements comprise an addendum to the OML 118 Production Sharing Contract (PSC) and an addendum to the Dispute Settlement Agreement (DSA), executed by NNPC, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Esso Exploration and Production Nigeria (Deepwater) Limited and Nigerian Agip Exploration Limited (NAE).

The Good Governance Index Group has defended the leadership of the NUPRC and NNPC Ltd, describing recent criticisms over oil block allocations and energy security spending as premature and unsupported by evidence. The group said the 2026 licensing...

Hussaini and Hassan Malami joined NNPC’s 2026 intake together. Hassan almost missed the recruitment after believing a family could have only one successful applicant. Both brothers received their employment offers on the same day. They now work in...

Seplat signs binding agreement to sell a 10% working interest in the NNPCL/SEPNU joint venture to NNPC Limited for approximately $281.6 million. NNPC's stake in the strategic oil joint venture will increase from 60% to 70%, while Seplat...

July 9 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it is ending the practice of financing the Port Harcourt and Warri refineries with crude-backed loans, as it shifts to a commercial funding model aimed at...

July 8 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed six strategic agreements with major industry stakeholders aimed at expanding domestic gas utilisation, strengthening energy security, and accelerating Nigeria's gas-based industrialisation agenda. The agreements, signed on...