Tycoon Julius Rone's UTM FLNG signs 15-year gas deal for Nigeria's first floating LNG plant
Julius Rone's UTM FLNG signed a 15-year deal with NNPC and Seplat for feed gas, clearing a hurdle to Nigeria's first floating LNG.
NNPC
Nigeria's NNPC tells a court that Dangote petrol is too expensive and imports must continue
NNPC filed a counter-affidavit in Lagos arguing Dangote refinery's petrol prices are significantly high and fluctuating, and that competition from imports must continue to protect consumers.
Aliko Dangote rejects NNPC bid to raise its stake in 20-billion-dollar Lekki refinery
Aliko Dangote has turned down NNPC's bid to lift its 7.25% stake in his $20 billion Lekki refinery, planning a public listing instead.
Dangote Refinery to prioritize Nigeria as oil hits $100
Dangote Refinery says Nigeria will come first on fuel supply, but warned that prices could keep rising as the Middle East war rattles global energy markets.
Nigerian National Petroleum Corporation reports $4.26 billion after-tax profit in 2025
NNPC posted 4.26 billion dollars after-tax profit in 2025 as crude production averaged 1.62 million barrels per day.
Aliko Dangote may sell stake as NNPC seeks larger share in $20 billion refinery
NNPC aims for a 20 percent stake in Aliko Dangote’s $20 billion refinery to strengthen Nigeria’s refining capacity.
Nigerian multimillionaire oil trader Mustapha Fasinro’s Linetrale wins NNPC LNG tender
Mustapha Fasinro’s Linetrale secures LNG cargoes from NNPC, signaling a rare breakthrough for a Nigerian firm in the international gas market.
Africa’s richest man Aliko Dangote’s refinery signs new crude deal with NNPC
Aliko Dangote’s refinery signs two-year crude deal with NNPC to boost domestic fuel supply through 2027.
Dangote refinery bought crude worth $7.2 million from NNPC in July
Aliko Dangote’s $20 billion refinery bought $7.2 million crude from NNPC in July under Nigeria’s naira-for-crude policy, filings show.
Aliko Dangote’s refinery, others under pressure as NNPC ends naira-for-crude deal
The move is expected to drive up operational costs and could lead to higher fuel prices.
NNPC acquires stake in $7 million CNG Plant owned by Nigerian businessman Greg Ogbeifun
NNPC acquires a 15% stake in Starzs Gas’ $7 million CNG plant, strengthening Nigeria’s clean energy drive, domestic gas expansion, and industrial development.
Dangote Oil Refinery begins direct petrol sales to oil marketers, skirts NNPC distribution
Nigeria's largest refinery aligns with new fuel policies amid ongoing imports.
NNPC ends exclusive deal with Dangote’s refinery, opens portal for direct fuel supply
Nigeria’s state-owned oil company ends exclusive agreement with Dangote’s refinery, opens fuel market to competition.
Aliko Dangote expects $20-billion refinery to reach 650,000 bpd capacity by 2024
The Dangote Oil Refinery is set to receive its first cargo of 6 million barrels from the Nigerian National Petroleum Corporation Limited (NNPC).
Africa’s richest man Aliko Dangote’s refinery to receive crude oil cargoes from NNPC
The IEA has lauded Dangote and his Dangote Oil Refinery as a pivotal force poised to stimulate oil demand growth over the next decade.
Four billionaires, including Dangote’s stepbrother, bag multimillion-dollar NNPC deal
The rehabilitation contracts have drawn both praise and criticism from industry stakeholders.