NNPC-CNL makes oil ‘discovery’ at PML 49 - Vanguard News
2 days ago · THE NNPC Limited - Chevron Nigeria Limited Joint Venture (NNPC-CNL JV), yesterday, said it has made a major oil ‘discovery’ at the Meji NW-1 well in Petroleum Mining Lease, PML 49, offshore ...
Chevron, NNPC Discovers 17,000 bpd Oil Asset in Niger Delta
2 days ago · Chevron disclosed that the oil asset, Meji NW-1 spud in Petroleum Mining Lease (PML) 49, is co-owned by state-owned Nigerian National Petroleum Company Limited (NNPC). The US company, in a statement quoted by S&P Global Commodity Insights, described the find as a “near-field discovery,” noting that the block is located in the shallow ...
NNPC, Chevron discover oil in Niger Delta - Punch Newspapers
2 days ago · The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a significant near-field oil discovery with the successful drilling of the Meji NW-1 well, located in Petroleum ...
Nigeria's NNPC posts 28% rise in annual net profit to $2.1 billion
Aug 19, 2024 · Nigeria's state oil firm NNPC on Monday posted a 28% rise in annual net profit to 3.297 trillion naira ($2.14 billion) and declared a dividend.
Exclusive: Nigeria's NNPC seeks new oil-backed loan to boost …
Jul 9, 2024 · BRUSSELS/LONDON, July 8 (Reuters) - Nigeria's NNPC is in talks for another oil-backed loan to boost its finances and allow investment in its business, its chief executive told Reuters, as...
Nigeria's NNPC Declares Record $2.1 Billion Annual Profit
Aug 20, 2024 · Nigeria National Petroleum Co. Ltd. (NNPC) on Tuesday reported NGN 3.297 trillion ($2.1 billion) in net income for 2023, the national oil and gas company’s highest in its history.
Nigeria’s NNPC Starts Shipping Gasoline From Dangote Refinery
Sep 15, 2024 · Nigeria’s state-owned energy firm began shipping gasoline from the Dangote Refinery, a step that could end decades of dependence on imports of the fuel for Africa’s largest crude producer.
Nigeria's NNPC raises fuel price to N1,003 in Abuja, N998 in Lagos
Oct 9, 2024 · The national oil company, Nigerian National Petroleum Company Limited (NNPCL), raised the price of petrol per litre across its retail outlets on Wednesday. In Abuja, the petrol pump price rose to N1,030 per litre at various NNPC outlets, while in Lagos, the price increased to N998 per litre. Prices could be even higher in some northern states.
TotalEnergies, NNPC to invest $550 mln in Nigeria gas facility, …
Jun 19, 2024 · Nigeria's state oil firm NNPC Ltd and TotalEnergies will invest $550 million to develop a gas processing facility in southern Rivers state to boost exports and domestic supplies, an NNPC source...
Petrol scarcity set to worsen as NNPCL admits $6bn debt
Sep 2, 2024 · NNPC admitted on Sunday that it owed its petrol suppliers the sum of $6bn, saying it was facing financial strains due to petrol supply costs.