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...
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...
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...
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...
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...
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...
March 09, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a sharp decline in revenue in January 2026, with earnings falling to ₦2.57 trillion from ₦4.82 trillion reported in December 2025, according to the company’s latest...
February 13, (THEWILL) — Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), reported a profit after tax of 5.76 trillion naira ($4.26 billion) for the full year 2025, underlining strong financial performance amid ongoing volatility...
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has kept oil production levels unchanged for November 2026, maintaining combined required output of 31.01 million barrels per day for seven participating countries.