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thisdaylive.com /3 weeks ago

NNPC Signs MoU for Restart, Expansion of Warri, Port Harcourt Refineries

Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC) Monday announced the signing of a Memorandum of Understanding (MoU) with two Chinese companies for a...

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thisdaylive.com /3 weeks ago

To Revive Warri, Port Harcourt Refineries NNPC Signs MoU with Two Chinese Firms

• Oil company’s March revenue climbs to N2.77trn as gas output rises •Profit jumps to N276bn in March from N136bn in February •Statutory remittances hit N2.89tn in Q1 Emmanuel Ad...

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thisdaylive.com /1 week ago

In Fuel Import Licence Dispute, NNPC Accuses Dangote Refinery of Seeking Monopoly

*Warns court action could destabilise supply, undermine energy security Wale Igbintade The Nigerian National Petroleum Company Limited (NNPC), in a statement of defence before a Fe...

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premiumtimesng.com /3 weeks ago

NNPC posts N276 billion profit in March

NNPC Limited recorded a profit after tax of N276 billion in March 2026, driven by improved gas production, rising gas sales, and sustained crude oil output, according to its latest...

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thisdaylive.com /3 weeks ago

NMDPRA Resumes Issuance of Fuel Import Permits, Six Firms to Deliver 600,000mt

*Oil price surge, reforms draw fresh investors’ attention to Nigeria Emmanuel Addeh in Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has rampe...

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thisdaylive.com /2 weeks ago

PINL Attributes Increase in Nigerian Oil/Gas Outputs To Surveillance Firms Community Cooperation,

Olusegun Samuel in Yenagoa The recent surge in oil production and overall progress in the oil and gas sector in Nigeria has been attributed to the collaborative efforts of various...

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premiumtimesng.com /3 weeks ago

NNPC signs MoU with Chinese firms to revive Warri, Port Harcourt refineries

The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part of efforts to restart and expand the Port Harco...

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thisdaylive.com /3 weeks ago

NUPRC: 300 Firms Jostling for 50 Oil Blocks in Ongoing Licensing Round

• Says it signals investor confidence in Nigeria’s energy sector •Local refineries key to hitting 2m bpd oil output, states PETAN Peter Uzoho in Houston, Texas The Nigerian Upstre...

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vanguardngr.com /1 month ago

We’re committed to impacting over 200 million Nigerians — NNPCL

The NNPC Limited has reaffirmed its commitment to improving lives across Nigeria, stating that its success is measured not only by oil production but also by the number of people p...

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vanguardngr.com /1 month ago

NNPC denies allegations of selling equipment from refinery

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 it...

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premiumtimesng.com /1 month ago

Nigeria’s oil, gas reserves hit 37bn barrels, 215 TCF — NUPRC

The NUPRC said that while gas reserves recorded growth driven by discoveries, oil reserves declined slightly due to production and updated field evaluations. The post Nigeria’s oil...

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thisdaylive.com /6 hours ago

NNPC’s April Revenue Jumps 79% to N4.97trn, Profit Climbs to N481bn

*Crude oil output rises to 1.68m bpd, gas production stable at 7.73bn scf/d *Statutory remittances hit N3.71tn in four months Emmanuel Addeh in Abuja The Nigerian National Petrole...

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premiumtimesng.com /18 hours ago

NNPC posts N4.97 trillion revenue, N481 bn profit as oil output rises in April

Nigeria’s state-owned oil company, NNPC Limited, reported a rise in crude oil and condensate production to 1.68 million barrels per day in April 2026, alongside N4.97 trillion in r...

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premiumtimesng.com /1 week ago

NNPC accuses Dangote refinery of seeking fuel monopoly in court filing

NNPC argued that Dangote refinery’s lawsuit against fuel import licences could create a monopoly, threaten supply security and destabilise Nigeria’s fuel market. The post NNPC accu...

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premiumtimesng.com /1 month ago

NNPC exports new crude grade ‘Cawthorne’ to Netherlands

NNPC Limited has commenced export of a new crude grade, Cawthorne blend, with its maiden cargo shipped to the Netherlands as part of efforts to boost production and expand Nigeria’...

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thisdaylive.com /1 month ago

Dangote Plans to Offer Shares on Multiple African Exchanges for 650,000 Bpd Refinery

• Appoints IBTC Capital, Vetiva Advisory, FirstCap as advisers •NUPRC moves to ensure standardisation in upstream emission inventories Emmanuel Addeh in Abuja and Kayode Tokede Al...

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premiumtimesng.com /1 month ago

NNPC, Sonatrach sign MoU to deepen research, innovation in oil, gas sector

The agreement establishes a formal framework for joint research, development and technology exchange between Nigeria and Algeria’s national oil companies. The post NNPC, Sonatrach...

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punchng.com /1 week ago

Chinese investors may acquire 51% stake in PH, Warri refineries

NNPC is considering an NLNG-style equity partnership with Chinese investors, potentially giving them a 51% stake in Port Harcourt and Warri refineries. Read More: https://punchng....

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thisdaylive.com /1 month ago

NNPC’s February Revenue Rises 4.2% to N2.68tn, Profit Slumps by 64.7%

•Statutory remittances jump 148% to N1.8trn •Gas output increases 2.4%, oil production falls 7.9% Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPCL)...

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thisdaylive.com /1 month ago

NUPRC: Nigeria’s Oil Production Climbed to 1.84mbpd in ‘Recent Days’

Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil production rose to 1.84 million barrels per day (bpd) in ‘recent...

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vanguardngr.com /1 month ago

NNPC to increase crude oil supply to Dangote Refinery to seven cargoes

By Udeme Akpan, Energy Editor The NNPC Limited has concluded plans to increase crude oil allocation to the Dangote Petroleum Refinery to seven cargoes in May 2026, up from the five...

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thisdaylive.com /6 hours ago

NNPC, Dangote and the Battle Over Nigeria’s Fuel Future

As public refineries struggle, the NNPC-Dangote legal war is reshaping Nigeria’s downstream oil sector, writes Festus Akanbi As public refineries remain largely dormant, the legal...

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premiumtimesng.com /1 month ago

NNPC posts N136bn profit as gas production rises in February

Nigeria’s oil production declined in February 2026, even as gas output and revenue remained strong, with the national oil company posting N136 billion profit after tax. The post NN...

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premiumtimesng.com /2 weeks ago

Dangote rejects NNPC’s bid for bigger refinery stake, pushes for wider ownership

Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery, insisting the company’s strategy is to broaden ownership an...

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