Nigeria
Nigeria’s NNPC Receives First Tranche of $3.3B Afreximbank Loan
The first installment of $2.25 billion will enable the Nigerian National Petroleum Corporation to strengthen its operations across the oil and gas value chain.
News
Read the latest Archives of oil, gas and energy news.
Nigeria
Nigeria: NNPC to Develop Renewable Energy in Niger State
The local government of Niger State and the Nigerian National Petroleum Corporation signed an MoU for the development of low-carbon solutions earlier this week.
Nigeria
NNPC Launches New Grade of Crude Oil
The NNPC Ltd. has launched a new low-sulphur grade of crude oil, called Nembe.
Nigeria
Nigeria’s NNPC Secures $3bn in Funding from Afreximbank
The Nigerian National Petroleum Corporation has secured $3 billion in financing from Afreximbank to stabilize the foreign exchange market.
Market Report: NNPC Resumes Oil Drilling in Chad Basin
The Nigerian National Petroleum Corporation (NNPC) Limited, has resumed an oil drilling campaign at its Wadi-B well in the Chad Basin, situated in Nigeria’s Borno State.
Market Report: NNPC Commits $1.1B to AKK Pipeline
The NNPC has spent approximately $1.1 billion towards the overall $2.5 billion Ajaokuta-Kaduna-Kano gas pipeline project.
Nigeria
Nigerian Gas will Alleviate Domestic Energy Poverty, Says NNPC
The Nigerian National Petroleum Corporation (NNPC) has stated that it intends to use Nigeria’s gas resources to alleviate ongoing energy poverty.
Market Report: Nigeria’s NNPC Signs MoU to Develop Crude Oil in The Gambia
NNPC has signed a Memorandum of Understanding with The Gambia to explore and develop crude oil in the West African nation
Market Report: NNPC Limited Takes Over Addax Petroleum Assets
NNPC Limited has acquired international oil and gas production and exploration company, Addax Petroleum’s, production sharing contract assets.
Nigeria
NNPC to Drill First Oil Well in Nigeria’s Nasarawa State
NNPC has announced the presence of hydrocarbons in Nigeria’s Nasarawa State, with oil drilling activities to begin this March.
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