NNPC Posts N5.89trn Revenue, N748bn Profit In April
The Nigerian National Petroleum Company Limited (NNPC) has reported a robust revenue of N5.89 trillion and profit after tax (PAT) of N748 billion for the month of April 2025, signaling a renewed commitment to transparency and performance under its new leadership. This marks a sharp departure from previous years when monthly financial disclosures were suspended […]
Read MoreNNPC Seals Joint Venture Shipping Deal With Stena, Caverton
The Nigerian National Petroleum Corporation (NNPC) Limited has announced that its subsidiary, NNPC Shipping, has entered into a joint venture agreement with Stena Bulk and Caverton Marine Limited to facilitate the shipping of various petroleum products across the industry. According to a recent statement by the company’s Chief Corporate Communications Officer, Mr. Olufemi Soneye, the […]
Read MoreNMDPRA Grants 10 Gas Distribution Licenses To NNPC, Others
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has awarded 10 Gas Distribution Licenses (GDLs) to six companies, including the Nigerian National Petroleum Company (NNPC) Limited Gas Marketing Company and Shell Nigeria Gas Limited, to expand gas distribution and utilisation across the country. The licenses, issued during a ceremony in Abuja recently, grant exclusive […]
Read MoreNNPC Ltd Unveils Production Monitoring Command Centre
In a significant stride toward modernising Nigeria’s oil and gas sector, the Nigerian National Petroleum Company Limited (NNPC Ltd) has introduced its state-of-the-art Production Monitoring Command Centre (PMCC). This initiative, described as a ground-breaking leap in operational efficiency and transparency, is poised to redefine how hydrocarbon production and transportation are monitored across the country. The […]
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