Nigerian National Petroleum Corp.
News
Shell Eyes Adding 8.6 mtpa to Portfolio Beyond 2025
European energy giant Shell plc looks to add around 8.6 mtpa of net liquefaction capacity to its portfolio through four projects spanning three continents beyond 2025.
Nigeria Would Turn NNPC into LLC, Amend Royalties Under Draft Oil Reform Bill
The legislation has been in the works for 20 years and looks to revise laws governing Nigeria’s oil and gas exploration not fully updated since the 1960s.
US Judge Rejects Exxon, Shell Attempt To Revive $1.8 Billion Arbitration Award
The companies claimed that Nigerian oil company took more crude from the project than was allowed.
Nigeria Plans To Sell Stakes In Joint Oil Assets To Boost Coffers
Nigeria plans to cut its stake in joint oil ventures with multinational oil companies to 40% this year, its budget minister said, as the country seeks to boost revenue to grow an economy recovering from recession.