Nigeria’s downstream petroleum industry is experiencing intensified competition as the Nigerian National Petroleum Company Limited (NNPC) revises its petrol price to ₦860 per litre, aligning with the latest rate introduced by Dangote Petroleum Refinery. For years, fuel pricing in Nigeria was…
NEPL Targets $4 Billion Annual Investment to Bolster Nigeria’s Hydrocarbon Production
NNPC Exploration and Production Limited (NEPL), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has projected an annual investment requirement of approximately $4 billion to enhance Nigeria’s crude oil and natural gas output over the next five years. A…