Last week, the Group Chief Executive Officer of Nigeria National Petroleum Company (NNPC) Ltd., Engr. Bashir Bayo Ojulari, received in audience the President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Dr. George Elombi, at the NNPC Towers, Abuja. NNPC Ltd. set out its...
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A coalition of civil society organisations and stakeholders in Nigeria’s oil and gas sector has announced plans to stage a three-day peaceful protest against the continued importation of petroleum products into the country despite the presence of local refining capacity. The protest, scheduled to hold from May 18 to...
Nigerian National Petroleum Company (NNPC) Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership in support of the completion and operation of the Port...
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in the expansion of Nigeria’s national gas transmission network. The successful crossing unlocks the full potential of the...
Nigerian National Petroleum Company (NNPC) Limited has alerted the public to the circulation of misleading and false information suggesting that the Company is selling scrap materials, equipment, or components from its refineries to individuals and private companies. A statement issued on Friday in Abuja by the Chief Corporate Communications...
NNPC Foundation Limited/Gte, the Corporate Social Responsibility (CSR) arm of NNPC Ltd. has won the CSR Champion Award (Health) 2025 instituted by the Independent Newspapers. The award was presented during the Silver Jubilee edition of the Independent Newspapers Awards, themed “Game Changers: Breaking Barriers and Shaping Tomorrow,” held at...
Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Engr. Bashir Bayo Ojulari, on Wednesday paid a visit to the United Arab Emirates (UAE) Ambassador to Nigeria, H.E. Salem Saeed Al Shamsi, at the UAE Embassy. The meeting highlighted the existing strong bilateral energy ties between Nigeria...
NNPC Limited’s Chief Financial Officer (CFO), Adedapo Segun, has headlined a panel session at the Society of Petroleum Engineers (SPE) 2026 Oloibiri Lecture and Energy Forum (OLEF) held in Abuja, Nigeria, themed “Capital Allocation beyond Brownfield vs. Greenfield: Data-driven investment decisions.” In his remarks, Segun, who was represented by...
Nigeria’s national oil company, Nigerian National Petroleum Company Limited (NNPC Ltd), has reported improved natural gas production and increased revenue in its Monthly Report Summary for February 2026, highlighting continued progress across key infrastructure projects and operational activities. According to the report, natural gas production recorded steady growth during...
Nigerian National Petroleum Company (NNPC) Limited has launched a new crude oil grade, Cawthorne Blend, into the international market, with the maiden export cargo already en route to the Netherlands in what the company described as a major step toward boosting Nigeria’s crude oil production and strengthening its global...
Justice J.O Abdulmalik of the Federal High Court sitting in Abuja on Tuesday, March 31, 2026 has granted the final forfeiture of N3,444,000.,000 (Three Billion, Four hundred and Forty Four Million Naira) and three properties linked to Salihu Nuhu Jamari while serving as the Managing Director of, Nigerian National...
Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, on Tuesday delivered a characteristically direct and pragmatic assessment of Nigeria and Africa’s energy future at CERAWeek 2026, declaring that the country’s fundamentals are strong, its value proposition clear, and its focus now squarely on execution. Speaking on...
Socio-Economic Rights and Accountability Project (SERAP) has called on Senate President Godswill Akpabio to ensure full transparency in the ongoing investigation into allegations that about ₦200 trillion is missing or unaccounted for from the Nigerian National Petroleum Company Limited (NNPCL). In a statement posted on its official X (formerly...
Economic and Financial Crimes Commission (EFCC) on Wednesday, March 18, 2026 handed over a total sum of N3,936,145, 822 (Three Billion, Nine Hundred and Thirty Six Million, One Hundred and Forty Five Thousand, Eight Hundred and Twenty Two Naira) to the Nigeria National Petroleum Company (NPC) Ltd. The presentation...
President Bola Ahmed Tinubu has approved a targeted fiscal incentive aimed at unlocking the long-awaited Final Investment Decision (FID) for the Bonga Southwest Aparo (BSWA) deepwater oil project, a move expected to attract about $20 billion in Foreign Direct Investment into Nigeria’s energy sector. The approval, announced by the...
Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, has described the resolution of the long-running OPL 245 dispute as a major milestone for Nigeria’s energy sector and a step forward in unlocking the country’s deepwater oil potential. In a statement issued on March 5, Ojulari said the...
Senate Committee on Public Accounts has summoned former Mele Kyari to explain an alleged ₦210 trillion flagged as not properly accounted for in audit reports of the Nigerian National Petroleum Company Limited (NNPCL) between 2017 and 2023. Kyari was invited alongside former Chief Financial Officer Umar Ajia Isa and...
Nigerian National Petroleum Company (NNPC) Ltd has announced that Seplat Energy Plc, its joint venture partner and a major gas supplier, will carry out routine maintenance on its gas production facilities from February 12 to 15, 2026. The disclosure was contained in a press statement issued by the Chief...
Former Vice President Atiku Abubakar has criticised the Nigerian National Petroleum Company Limited (NNPCL) over its handling of the Port Harcourt Refinery, describing the decision to reopen the facility as a waste of scarce public resources after billions of dollars have been sunk into failed rehabilitation efforts. In a...
Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta. Chief Corporate Communications Officer, NNPC Ltd, Andy Odeh, gave the...