The Nigerian National Petroleum Company Limited (NNPC Ltd.) has described as false and misleading reports suggesting it is selling scrap materials, equipment, or components from its...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil and condensate reserves stand at 31.09 billion barrels and 5.92 billion barrels, respectively, amounting to a...
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has stressed the urgent need to consolidate and strengthen Nigeria’s domestic refineries through the provision of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the registration and submission of applications for Pre-Qualification under the Nigeria 2025 Licensing Round will close at 4.30...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has presented the Ministry’s 2025 budget performance and 2026 budget proposal to the Joint Committee of...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) declared N60.5 trillion in revenue and N5.76 trillion Profit After Tax (PAT) in the 2025 financial year.
The Seplat Energy Plc, a Joint Venture partner of NNPC Ltd. and a key gas supplier to NNPC Gas Infrastructure Company Limited (NGIC) pipeline network, has...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the cumulative impact of full downstream deregulation and forex reforms has saved Nigeria over N6 trillion...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says Africa’s energy transition must be equitable and people-centred, noting that more than 600 million Africans still lack...
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