NNPC’s N7.9tn Remittance Masks 48% Provisional July Profit Plunge as Output Slips
The Nigerian National Petroleum Company Limited (NNPC Ltd.) remitted N7.913 trillion to the Federation Account between January and July 2026, ...
Tag: Nigeria oil
Nigeria Cuts Oil Production Losses From 97% to Just 2%
Nigeria’s oil industry has recorded a major improvement in the amount of crude oil being lost through theft and other ...
NUPRC Backs Shell for $50bn Oil Push
Nigeria’s push to attract fresh investment into its deep offshore oil sector has received a boost, with the Nigerian Upstream ...
Nigeria’s Oil Sector Needs More Investment
Nigeria’s plan to attract fresh investment into its deep offshore oil sector could unlock as much as $50 billion in ...
Nigeria Eyes Up to $50bn Offshore Oil Investment by 2030
Nigeria is set for a major investment boost in its oil and gas industry, with 22 offshore projects expected to ...
New Crude Streams Add 12 Million Barrels to Nigeria’s Oil Output
Nigeria’s oil industry has received a significant boost following the addition of new crude streams that have collectively contributed approximately ...
Nigeria to Introduce New Crude Grade in March to Boost Output
Nigeria will commence exports of a new light, sweet crude grade known as Cawthorne in March, in a move aimed ...
Tinubu Clears New Incentive Package to Unlock Offshore Oil Investment
President Bola Tinubu has approved a package of investment-linked incentives for Shell’s proposed Bonga South West deepwater oil project, as ...
