The NNPC/Heirs Energies OML 17 Joint Venture has advanced Nigeria’s gas commercialisation and environmental protection drive with the symbolic signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare …
NNPC
- BusinessClimate ChangeEnvironmentOil & GasPower Sector
- Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
- BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
- BusinessEconomyEnergyGovernanceInfrastructureOil & Gas
NNPC sets June 2026 deadline for refinery partners
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
- BusinessEconomyEnergyGOVERNMENTInfrastructure
FG Reaffirms Commitment to Brass Gas Projects, Targets Industrial Growth and Energy Transition
The Federal Government has reaffirmed its commitment to accelerating the completion of the multi-billion-dollar Brass Gas Projects in Bayelsa State as part of efforts to industrialise Nigeria through the strategic …
- BusinessEnergyMarketsNigeriaOil & GasPolitics
PETROAN Warns Against Monopoly in Nigeria’s Downstream Oil Sector
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has cautioned against monopolistic practices in Nigeria’s downstream oil and gas sector, warning that fair competition and equitable access to …
- BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Set to Begin Crude Oil Production Before Year-End
The Dangote Refinery is expected to begin producing crude oil before the end of 2025, marking a major step forward for Nigeria’s energy sector, according to a new report by …
- BusinessEconomyEnergyGovernanceNigeriaOil & Gas
Marketers Accuse Dangote Refinery of Withholding Fuel Despite Advance Payments
Petroleum marketers have accused the Dangote Petroleum Refinery of failing to load their petrol trucks weeks after they made full payments for supplies, raising fresh controversy over the refinery’s operations …
- EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
NNPCL Urges NUPRC to Deepen Investment Drive in Deepwater Projects to Keep Nigeria Competitive
The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
- EconomyFinanceGOVERNMENTNigeriaOil & GasTransparency
FG Extends NNPCL Revenue Probe to December 2024 Over $42bn Under-Remittance Allegation
The Federal Government has extended its ongoing probe and reconciliation of payments made by major revenue-generating agencies, including the Nigerian National Petroleum Company Limited (NNPCL), to December 2024, following unresolved …