Upstream

Latest Upstream News

NNPC admits early operation of Port Harcourt refinery was premature, economically unviable

"...selling is highly unlikely as it would lead to further value erosion"…

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MEMAN warns of looming gas supply crisis, recommends urgent development of new fields amid rising demand

... recommends structured financing, price clarity to boost CNG market Oredola Adeola…

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 NLNG ET Manager urges FG to adopt homegrown energy transition strategy, condemns ‘copy-paste’ approach

...raises concerns over gas flaring, reinjection amid lack of commercial frameworks despite…

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NNPC/HEIRS Energies launches OML 17 university scholarship scheme targeting 300 students

...financial, educational support enrolment opens July 21, selection scheduled for September 2025…

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Dangote refinery to end U.S. crude imports, targets 100% local supply by December 2025

... says 47% foreign crude contracts expire by year-end ... relies on…

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Over 700 treated, 40 eye surgeries on Day-1 as NNPC, SNEPCo hold “Vision First” 4.0 in Lagos 

.... eye care programme targets over 5,000 beneficiaries in 5 days Oredola…

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130 indigenous companies benefit from $400m NCI fund as of July 2025- NCDMB

says, "Oil firms’ low 1% NCDF remittance compliance limits indigenous applicants' access…

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TotalEnergies enters execution phase of Ubeta gas field on OML 58, eyes 70,000boe/d by 2027

... IMA gas field on OML 112/117 enters FEED phase, targets 70,000boe/d…

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Nembe E&P grows output from 23,000 to 90,000bpd in one year, cites PIA, improved Niger-Delta security

... targets 150,000bpd, 200mmscf/day in next growth phase Oredola Adeola Nembe Exploration…

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