FG Approves New Tax Incentive to Boost Shell’s $20bn Deepwater Oil Project
The Federal Government has approved a new tax incentive for Shell Plc’s Bonga Southwest Aparo deepwater oil project in a ...
Tag: NNPC
NNPC Targets Energy Ecosystem Growth as Ojulari Reports $3.4bn Savings
The Nigerian National Petroleum Company (NNPC) Limited says it is repositioning itself from being solely an oil and gas producer ...
NNPC Introduces New Funding Plan to Make Refineries Financially Independent
The Nigerian National Petroleum Company Limited (NNPC) has announced a major change in the way it will finance the country’s ...
NNPC Begins Detailed Review of Chinese Partnership to Revive Port Harcourt and Warri Refineries
Nigeria’s state-owned oil company, NNPC Limited, has announced that its partnership with two Chinese firms to rehabilitate and operate the ...
NNPC Revenue Falls by 13% in May Despite Stable Oil and Gas Production
The Nigerian National Petroleum Company Limited (NNPC) recorded a drop in revenue and profit in May 2026, despite maintaining steady ...
Dangote Refinery Buys UAE Crude Oil for the First Time Amid Local Supply Challenges
The Dangote Petroleum Refinery has made history by purchasing crude oil from the United Arab Emirates (UAE) for the first ...
PETROAN Urges Fuel Price Reduction as Global Crude Oil Prices Decline
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged players in Nigeria’s downstream petroleum industry to reduce ...
TotalEnergies, NNPC Renew AUSEA Partnership to Cut Methane Emissions
TotalEnergies and the Nigerian National Petroleum Company (NNPC) Ltd have renewed their partnership under the Airborne Ultralight Spectrometer for Environmental ...
NNPC Early Retirement Scheme Gains Strong Support as Over 70% of Eligible Workers Show Interest
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has launched a voluntary early retirement programme that is already ...
Nigeria Gains Oil Production Boost as Utapate and Cawthorne Crude Grades Add Over 12 Million Barrels
Nigeria’s efforts to increase crude oil production and strengthen oil export earnings are receiving support from two relatively new crude ...
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