NNPC & Chevron Successfully Convert JV Assets Under PIA The Nigerian National Petroleum Company Limited (NNPC) and Chevron Nigeria Limited have officially completed the conversion of five joint venture (JV) assets, in line with the Petroleum Industry Act (PIA) of 2021. This significant move marks a new chapter in Nigeria’s oil and gas industry, aimed […]
The Nigerian National Petroleum Company Limited, NNPCL, has confirmed that construction of the Ajaokuta-Kaduna-Kano (AKK) had missed an initial first quarter target, blaming it on funding constraints. At its inception in 2020, the project was to be financed by Chinese loans but this fell through when the lenders did not release the money. Construction of […]
