Tag: NNPC

NNPC
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NNPC issues fresh tender to sell Nigeria’s Cawthorne crude

NNPC Cawthorne crude tender offers fresh September cargo as Nigeria expands premium crude exports to global energy markets.

Timilehin Adejumobi Timilehin Adejumobi
NNPC plans Africa energy expansion
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NNPC plans Africa energy expansion as power demand rises

NNPC plans to expand its role across Africa's energy sector, pursuing new investment, gas development and partnerships as electricity demand continues to rise.

Oluwatosin Alao Oluwatosin Alao
Nigeria’s state-owned oil company, NNPC.
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Nigeria’s NNPC revenue drops 13% to $3.15 billion despite steady oil output

Nigeria's NNPC revenue fell to $3.15 billion in May as reservoir pressures and export limits squeezed earnings despite steady oil output.

Omokolade Ajayi Omokolade Ajayi
NNPC
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Nigeria’s NNPC seeks bids for new Cawthorne oil grade launch

NNPC launches Cawthorne Crude, expanding Nigeria's premium oil exports and boosting foreign exchange earnings.

Timilehin Adejumobi Timilehin Adejumobi
Nigeria’s state-owned oil company, NNPC.
Hot NewsBusiness

Nigeria’s state-owned NNPC posts $351 million profit on higher oil output, gas projects in April

NNPC profit rises to N481 billion ($351 million) in April 2026 as crude output, gas projects and revenue climb sharply.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
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NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC accuses Dangote refinery of monopoly claims as dispute over import licences and fuel supply intensifies in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
BusinessHot News

Nigeria’s crude output rises in April 2026, nears OPEC quota as exports expand

Nigeria’s crude oil output climbs to 1.663 million barrels per day in April 2026, edging closer to its OPEC quota as exports and production stability improve.

Omokolade Ajayi Omokolade Ajayi
Gas Pipeline
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Nigeria, Morocco advance $25 billion Atlantic gas pipeline deal

Nigeria and Morocco move toward a 2026 deal on the $25 billion Atlantic gas pipeline linking West Africa to Europe.

Timilehin Adejumobi Timilehin Adejumobi
Nigeria’s state-owned oil company, NNPC.
BusinessHot News

NNPC ships first cargo of new crude grade to Netherlands, advancing Nigeria’s oil trade

Nigeria’s NNPC ships 950,000-barrel Cawthorne crude to the Netherlands, expanding exports and strengthening its oil market role.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
BusinessHot News

Nigeria capitalizes on $100 per barrel oil as production hits 1.84 million bpd

Nigeria boosts crude output to 1.84 million barrels per day amid $100 oil, aiming for stronger export revenue.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
Hot NewsBusiness

Nigeria moves to capitalize on oil surge amid global supply tensions

Nigeria plans to boost oil production amid global supply tensions, aiming to increase output and benefit from rising crude prices.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man
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Dangote Refinery plans 65 million liters daily petrol supply 

Dangote Refinery targets 65 million liters daily, exceeding Nigeria’s petrol demand.

Timilehin Adejumobi Timilehin Adejumobi