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NNPC, TotalEnergies Extend Methane Reduction Partnership For Two More Years

Nigeria’s national oil company, NNPC Limited, has renewed its partnership with TotalEnergies for another two years to expand the use of advanced drone-based technology aimed at detecting, measuring, and reducing methane emissions across its upstream operations as part of its decarbonisation and gas-flare reduction commitments. The agreement, aimed at helping NNPC Ltd meet its gas-flare […]

Nigeria’s Crude Oil Production Hits 15-Month High

Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Nigeria pumped 1.53 million barrels per day (bpd) of crude last month, the highest level since January 2025, as the African country now produces at its […]

Weatherford wins deepwater completions contract offshore Nigeria

 Weatherford International has secured a deepwater integrated completions contract from Esso Exploration & Production Nigeria, an affiliate of ExxonMobil, supporting offshore Nigeria operations.  The contract falls within Weatherford’s well construction and completions portfolio and covers integrated upper and lower completions systems for deepwater wells. According to the company, the scope of work is focused on supporting well integrity, […]

Nigeria Needs New Export Markets as UAE’s Exit Rattles OPEC

Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria’s state oil and gas firm NNPC […]

Nigeria’s oil production up 106,000 to 1.48mn bpd in April- OPEC

Nigeria’s oil production rose 106,000 month-on-month to 1.48 million barrels per day in the month of May. That’s according to data from OPEC Monthly Oil Market Report. Meanwhile, investors continue to monitor the fragile Middle East ceasefire and await outcome of talks between U.S. President Donald Trump and China’s Xi Jinping in Beijing. Chinnan Dikwal, Vice Chair of African Energy Council joins CNBC Africa for more.

After squandering $25B in refinery overhauls, Nigeria turns to Chinese firms

After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has signed a new agreement with Chinese firms to revive its moribund facilities. The NNPC has signed a Memorandum of Understanding (MoU) with Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial […]