NNPC

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...

July 8 (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited says it saved $3.4 billion through contract restructuring and optimisation between April 2025 and July 2026, while remitting N19.5 trillion to the Federation Account during the same period. Group...

July 2 (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC) recorded a ₦636 billion decline in revenue in May despite maintaining stable crude oil and gas production during the month. The national oil company disclosed this in its latest...

May 17, (THEWILL) — The recent declaration by the Nigerian National Petroleum Company Limited (NNPCL) regarding its new agreement with Chinese companies to restore two of the country's long-neglected refineries has raised concerns among stakeholders and the general public. The...

May 05, (THEWILL) — Nigeria’s renewed push to restore its domestic refining capacity has once again, gained momentum, as NNPC Limited signed a fresh Memorandum of Understanding (MoU) with two Chinese firms to finally revive and expand the country’s...