NNPC

NNPC Signs Six Strategic Gas Deals to Boost Industrialisation, Energy Security

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...

NNPC Saves $3.4bn Through Contract Optimisation, Remits N19.5tn to Federation in 14 Months

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...

NNPC Revenue Drops By ₦636bn In May Despite Steady Oil Output

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...

Concern Grows Over NNPCL’s Latest Refinery Revamp Plan

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...

Again, NNPC Moves To Revive Warri, Port Harcourt Refineries, Seals Deal With Chinese Firms

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...

NNPC Records Historic Breakthrough as OB3 Gas Pipeline Crosses River Niger

April 30, (THEWILL) — Nigeria’s drive towards energy security and industrial expansion received a major boost on Thursday as the Nigerian National Petroleum Company (NNPC) Limited, announced the successful completion of the technically challenging River Niger Crossing on...

We’re Not Selling Refinery Equipment, Components – NNPC Cautions Public Against Fraudsters

April 24, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited, has dismissed reports alleging that it is selling refinery equipment, components, or scrap materials, warning members of the public to beware of fraudsters exploiting such claims. In a...

NNPC Eyes IPO, Targets Listings in New York and London

March 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to list the national oil company on major international stock exchanges as part of reforms aimed at transforming it into a globally competitive...

NNPC Eyes Additional 100,000bpd As Nigeria Targets 1.8mbpd Crude Output In 2026

March 24, (THEWILL) — Nigeria could raise its crude oil production by an additional 100,000 barrels per day (bpd) in the coming months as efforts to ramp up capacity begin to yield results, according to the Group Chief...

NNPC Secures Presidential Approval to Unlock $20bn Bonga Southwest Deepwater Project

March 10, (THEWILL) — The Nigerian National Petroleum Company (NNPC) Limited, has secured presidential approval for a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, a...
- Advertisement -spot_img

Latest News

FBI Places $150,000 Bounty on Fugitive Accused of Stealing Millions Meant to Feed Vulnerable Children

The United States Federal Bureau of Investigation (FBI) has intensified its manhunt for Fahad Mohamed Nur, offering a reward of up to $150,000 for information leading to his arrest.
- Advertisement -spot_img