BUSINESS

Bonga Southwest/Aparo Project: NNPC, Partners Sign Agreements to Unlock $21bn Deepwater Investment

Daily Dispatch August 24, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) and the contractor parties to OML 118 have signed key agreements to advance the $15 billion-$21 billion Bonga Southwest/Aparo (BSWAp) deepwater project towards Final Investment Decision (FID). The agreements, comprising an Addendum to

BUSINESS

Deep Offshore Incentive Order to Accelerate Investment, Production Growth — Ojulari

Daily Dispatch August 13, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has welcomed the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing the policy as a major reform capable of attracting fresh investments and boosting Nigeria’s crude oil production. The NNPC Group Chief Executive Officer, Engr. Bashir Bayo

BUSINESS

NNPC Defends Ojulari’s Leadership, Says Crude Oil Production Grew 6%

Daily Dispatch August 8, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the performance of its management under Group Chief Executive Officer, Engr. Bayo Ojulari, dismissing recent criticism over the company’s performance in the recently concluded oil licensing round. The company said recent media comments attributed to the Oil and Gas Professionals Forum (OGPF), which

BUSINESS

NNPC Records N535bn Profit After Tax for June ‘26

Daily Dispatch July 31, 2026

NNPC Limited recorded ₦535 billion profit after tax for the month of June representing 15.8% increase from the ₦462bn in recorded in May. This figure is contained in the company’s monthly financial and operations report for the month of June 2026. Total revenue for the month stood at ₦4,389 billion, while cumulative statutory payments to […]

BUSINESS

NNPC Ltd Calls for Stronger Energy Ecosystem Collaboration

Daily Dispatch July 7, 2026

…As Ojulari Unveils One-Year Performance Scorecard…Outlines Strategic Vision for Nigeria’s Energy Future The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Engr. Bashir Bayo Ojulari, has called for stronger collaboration across Nigeria’s energy industry to unlock Africa’s vast energy potential, saying partnerships

NEWS

NNPC, TotalEnergies Renew Partnership to Cut Methane Emissions with Advanced Drone Technology

Daily Dispatch June 17, 2026

The Nigerian National Petroleum Company (NNPC) Limited and TotalEnergies have renewed their partnership to accelerate methane emission reduction across Nigeria’s upstream oil and gas operations through the continued deployment of the Airborne Ultralight Spectrometer for Environmental Applications (AUSEA) technology. The renewed agreement, signed on Wednesday at the NNPC