The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Monday, signed a production sharing contract (PSC) with TotalEnergies and South Atlantic Petroleum (Sapetro) for petroleum prospecting licences (PPL) 2000 and 2001.

The Nigerian National Petroleum Company Limited (NNPCL) generated N20.9tn between April and July 2025.

NNPC Laments Delay in Tapping Oil Reserves   The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Bayo Ojulari, has warned that Nigeria must urgently turn its oil reserves into production, saying crude in the ground holds no value until it is...

The Group Chief Executive Officer of Nigerian National Petroleum Company Ltd (NNPCL), Bayo Ojulari, has assured of the speedy delivery of the $2.8bn Ajaokuta–Kaduna–Kano Natural Gas Pipeline project, adding that the project will unlock economic prosperity when it comes on board.

Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited.

The group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, says it is becoming a ‘bit more’ complicated to revamp state-owned refineries.