NNPC relaunches as independent operator in high-profile event
Nigerian National Petroleum Corp. (NNPC) has held a glitzy ceremony celebrating its relaunch as a limited company and a newfound sense of independence.
Mele Kyari
Sahara, NNPC add two LPG vessels
Sahara Group and Nigerian National Petroleum Corp. (NNPC) have taken ownership of two LPG vessels in South Korea, with plans to reach 10 vessels in the next 10 years.
Report: Nigeria’s production shortfall disrupts fuel imports
Nigerian National Petroleum Corp. (NNPC) has run short of oil production, local reports have said, reducing its ability to meet domestic fuel needs.
Afreximbank to support NNPC in $5bn fundraise
The African Export-Import Bank (Afreximbank) will work with Nigerian National Petroleum Corp. (NNPC) to raise $5 billion.
Buhari appoints NNPC board
Nigerian President Muhammadu Buhari has appointed a board to oversee Nigerian National Petroleum Corp. (NNPC) Ltd.
Nigerian oil giant considers IPO after first profit in 44 years
Nigeria’s state oil company is considering an initial share sale after posting the first profit in its 44-year existence.
NPDC claims victory over Shell at OML 11
Nigerian National Petroleum Corp. (NNPC) has claimed victory over Shell at OML 11, following an Appeal Court judgement in its favour.
Buhari sets Nigeria on course for petroleum transition
Nigerian President Muhammadu Buhari has appointed a steering committee to oversee the enacting of the Petroleum Industry Act (PIA).
Kyari insists AKK pipeline project on track, despite China concerns
Nigeria will deliver the Ajaokuta-Kaduna-Kano (AKK) gas pipeline on schedule, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has insisted.
NNPC eyes refinery overhauls, building condensate plants
Nigerian National Petroleum Corp. (NNPC) plans to approve overhaul contracts on the Warri and Kaduna refineries in July and greenlight new condensate facilities swiftly thereafter.
NNPC, NCDMB sign on to Brass products plan
Nigerian National Petroleum Corp. (NNPC), the Nigerian Content Development Monitoring Board (NCDMB) and Zed Energy have signed a shareholder deal on the Brass terminal.
Subsidy payments squeeze NNPC revenues to FAAC
Nigerian National Petroleum Corp. (NNPC) has been forced to deny that the company has run out of cash.
NNPC loses $340mn per month on PMS sales
The gap between what Nigeria pays to import fuel and what it is sold at is unsustainable and must change, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has said.
NNPC to supply gas to Moroccan plant in Akwa Ibom
Nigerian energy officials have visited Morocco in a show of support for an ammonia plant in Akwa Ibom State.
NNPC talks pipeline protection, maritime security
The Nigerian military has committed to providing “maximum security” for the country’s oil and gas assets.
Nigeria plans contract reforms in bid to cut upstream costs
Nigeria has launched an exercise to cut upstream production costs, with an eye on securing the country’s energy future.
Nigeria commits to Brass methanol plan
The Nigerian government has signalled its support of the Brass Fertiliser and Petrochemical Co. (BFPCL) 10,000 tonne per day methanol plant with a final investment decision (FID) ceremony.
Sieminski tips record demand growth for 2021
Oil demand will grow at “a little over 4 million barrels per day” in 2021, King Abdullah Petroleum Studies and Research Centre (KAPSARC) president Adam Sieminski has predicted.
Nigeria commissions LPG plant at Oredo
Nigerian President Muhammadu Buhari has officially inaugurated Nigerian Petroleum Development Co.’s (NPDC) integrated gas handling facility at Oredo.
Nigeria launches autogas push
Nigeria has launched a push to increase the use of autogas with a high-profile event in Abuja.
Nigeria eyes product pipe from Niger refinery
Nigeria has signed a deal with neighbouring Niger on petroleum products transportation and storage.
NNPC, First reach oil at OMLs 83, 85
Nigerian National Petroleum Corp. (NNPC) and First E&P have reached first oil at OMLs 83 and 85.
NNPC aims to end product swaps in 2023
Nigerian National Petroleum Corp. (NNPC) will continue swap deals to secure products until the domestic refining sector is fully functioning, in 2023.
Nigeria averts petrol, power price strike
Nigerian National Petroleum Corp. (NNPC) has reached a deal with unions, preventing what had been tipped as being the largest strike in Nigeria’s recent history.
NNPC denies $1.5bn inflation for AKK link
Nigerian National Petroleum Corp. (NNPC) has denied allegations that the price of the Ajaokuta-Kaduna-Kano (AKK) gas link was inflated by $1.527 billion.