Persistent insecurity, limited discoveries, and delayed licensing rounds across upstream assets. Governance gaps and policy uncertainty…
Tag: crude oil production
NNPC Subsidiary Hits 36-Year Oil Record
NNPC E&P Limited (NEPL), the flagship upstream subsidiary of the Nigerian National Petroleum Company Limited (NNPC),…
NNPC Delivers Record N5.4tn Profit After Tax
The Nigerian National Petroleum Company Limited (NNPC Ltd) 2024 profit milestone has reshaped expectations for NNPC.…
Tinubu Declares State of Emergency in Rivers, Suspends Governor
President Bola Tinubu declared a state of emergency in Rivers State on Tuesday, March 18, due…
Tower Resources Ramps Up NJOM-3 Drilling Prep, Awaits Cameroon’s Green Light
British oil company Tower Resources prepares for the NJOM-3 well in Cameroon’s Thali block. The company…
NNPC Makes N3.3trn Profit, N2.1trn Dividend For 2023
The Nigerian National Petroleum Company (NNPC) Limited declared a net profit of N3.297 trillion at the…