NNPC

Awodi-07: NNPC, Chevron Records Fresh Oil Exploration Success In Niger Delta

January 26, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) and Chevron Nigeria Limited (CNL), have recorded a major exploration breakthrough with the successful completion of the Awodi-07 appraisal and exploration well in the shallow offshore...

NNPC Targets $30bn Upstream Investment With New Oil Field Developments

January 01, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to develop new oil fields as part of a broader strategy to attract $30 billion in upstream investment by 2030. The initiative is aimed...

Kano NNPP Chairman Hashimu Dungurawa Rejects Expulsion, Says Action Unconstitutional

December 31, (THEWILL) — Alhaji Hashimu Suleiman Dungurawa, the Chairman of the New Nigeria People's Party (NNPP) in Kano State, has rejected his expulsion from the party, describing it as "a child's play." Dungurawa, while addressing journalists in Kano...

NNPC Considers Partial Asset Sales To Investors — Report

December 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC) has opened discussions to divest minority stakes in select oil and gas assets as part of efforts to optimise its portfolio and attract fresh investment, according to...

Tinubu Eases Federation Account Burden For NNPC, Cancels $1.42bn, ₦5.57trn Legacy Debt

December 29, (THEWILL) — President Bola Tinubu has approved the cancellation of a substantial portion of the Nigerian National Petroleum Company (NNPC) Limited outstanding debts owed to the Federation Account, effectively writing off approximately $1.42 billion and ₦5.57 trillion...

NNPC E&P Limited Sets New Production Record, Hits 355,000 bpd — Highest Since 1989

December 09, (THEWILL) — NNPC E&P Limited (NEPL), the upstream exploration and production subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has set a new production record, hitting 355,000 barrels of oil per day on December 1, 2025. A...

NNPC’s N5.4tn Earnings Spark Investor Optimism, Signal Major Upside for Nigerian Capital Markets — CEAR

December 02, (THEWILL) — The Centre for Economic Accountability and Rescue (CEAR) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd.) for posting an impressive N5.4 trillion profit for 2024, describing it as one of the clearest indicators...

Refineries: Uncertainties Mount as NNPC Sets June 2026 Target to Alter Ownership Model

November 30, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) is shopping for ‘partners’ to revive its moribund refineries that have lay comatose for over a decade. This is coming on the heels of the humongous resources invested...

Refineries: NNPC Signals the Conclusion of Business-as-Usual Era

November 16, (THEWILL) — After many years of functioning within the infamous landscape of conventional business practices, marked by a culture of wastefulness, inefficiency, and corruption, there are signs that the Federal Government, through the Nigerian National Petroleum Company...

Again, NNPC Moves to Restore Moribund Refineries Amid NASS Probe

November 02, (THEWILL) — Approximately three weeks after the National Assembly initiated an inquiry into the ongoing repairs of the country’s refineries, the Nigerian National Petroleum Company Limited (NNPC Ltd) has recommenced efforts to restore the facilities that have...
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Kenan Yildiz To Arsenal Move Collapses As Juventus Star Faces Injury Layoff

The Gunners have long been admirers of the Juventus winger, but Romano was blunt about where things actually stand.
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