Halima Kazeem, an Economic and Financial Crimes Commission (EFCC) witness, told an Abuja court that a former General Manager with the Nigerian National Petroleum Corporation (NNPC), Aminu Baba-Kusa, gave his statement voluntarily. The EFCC charged former National Security Adviser (NSA) Col. Sambo Dasuki , Baba-Kusa, Acacia Holdings Limited and Reliance Referral Hospital Limited with criminal…
The Group Managing Director of NNPC Ltd., Mr Bayo Ojulari, has reaffirmed the company’s commitment to strengthening partnerships, building indigenous capacity, and promoting gas as a key driver of Africa’s industrialisation. Ojulari gave the assurance on Tuesday in Lagos at the 10th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC 2026). The conference, with the…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the Awodi-07 appraisal and exploration well by Chevron Nigeria Limited (CNL), describing the results as a significant boost to confidence in the Joint Venture’s asset portfolio. The News Agency of Nigeria (NAN) reported that the Awodi-07 well is situated in the…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that a fire incident affecting part of the Escravos–Lagos Pipeline System in Delta State has been successfully contained. In a statement issued on Sunday, NNPC Ltd.’s Chief Corporate Communications Officer, Andy Odeh, said the situation was stabilised following an explosion reported on Wednesday evening at…
NNPC E&P Limited (NEPL) has recorded its highest daily oil output in more than 30 years, producing 355,000 barrels per day on 1 December 2025. The achievement represents a major step forward for Nigeria’s upstream sector and reflects NEPL’s focus on operational efficiency, disciplined management, and structured field development. Commenting on the milestone, NNPC Limited…
In a significant step towards reducing environmental impact and expanding gas supply, the NNPC/Heirs Energies OML 17 Joint Venture has signed commercialisation agreements with five companies to utilise flare gas previously wasted in operations. Heirs Energies’ CEO, Mr Osa Igiehon, stated in Lagos that the agreements “advance Nigeria’s gas commercialisation and environmental stewardship agenda.” Concluded…
No fewer than 850 technicians have undergone training under the Nigerian National Petroleum Corporation (NNPC) and Seplat Energy Plc Joint Venture (JV) since the partnership began. Mr Roger Brown, Chief Executive Officer of Seplat Energy Plc, disclosed this on Wednesday during the graduation ceremony of the “Apprentice G13 Class’’ at the company’s Technical Training Centre…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion for 2024, marking a 64 per cent increase from the N3.3 trillion PAT recorded in 2023. Mr Bashir Ojulari, Group Chief Executive Officer of NNPC Ltd., disclosed the results on Monday…
The Abuja Division of the Federal High Court, on Wednesday, dismissed the N100 billion suit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and its co-defendants over an oil import licence dispute. Justice Mohammed Umar dismissed the suit following an oral application by the defence lawyers after…
Nigeria’s downstream energy sector is entering a new phase of growth following deregulation, currency reforms and increased regional collaboration, the Nigerian National Petroleum Company (NNPC) has said. Dr Mumuni Dagazau, the company’s Executive Vice President for Downstream, made the announcement at the 19th Africa Downstream Energy Week in Lagos. The conference, themed “Energy Sustainability: Growth…
