ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, December 14, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Economy And Business

BREAKING: NNPC Discovers Oil in Nasarawa, Drilling Starts in March 2023

by NewsOnline Nigeria
January 13, 2023
in Economy And Business
0
Oil

NNPC has discovered oil in Nasarawa with drilling expected to start in March 2023.

 

 

NewsOnline reports that the Nigerian National Petroleum Company (NNPC) Limited says official drilling operations for the first oil well in Nasarawa will commence in March 2023.

 

This online news platform understands that the Group Chief Executive Officer (GCEO), NNPC Limited, Mele Kyari, disclosed this on Friday, January 13, 2023, during a visit by a delegation of prominent Nasarawa state indigenes, led by Abdullahi Sule, the state governor.

 

Kyari said the discovery is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins.

 

ALSO: N/East APC Youths Withdraw Support For Shettima Over 3m Members Defection

 

He called for immediate action on the project as the global energy transition is leading to reduced investment in fossil fuels.

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you,” Kyari said.

“Otherwise, 10 years from now, no one will agree to put money in the petroleum business unless it comes from your cash flow.”

 

NewsOnline Nigeria reports that further said community support and an enabling environment are key to successful operations in the region to avoid the Niger Delta experience.

 

 

The NNPC, in a document, had said it was prospecting for crude oil in more locations across the north, including Nasarawa, after discovering the commodity in Bauchi and Gombe states.

 

The national oil firm said it was taking coordinated steps for more frontier exploration in the region, as part of measures to shore up the country’s oil output and reserves.

 

Beyond the north, the Anambra basin was listed as another area where the NNPC is striving to find more oil.

Prospecting is the first stage in discovering oil and gas field, under which seismic surveys are carried out.

 

Previous Post

N/East APC Youths Withdraw Support For Shettima Over 3m Members Defection

Next Post

Black Market Dollar To Naira Exchange Rate Today 14 January 2023

Next Post
Crypto Exchange Platforms

Black Market Dollar To Naira Exchange Rate Today 14 January 2023

Trending Stories

No Content Available

Latest Stories

Burkina Faso

BREAKING: FG Urged To Consider Military Action Aginst Burkina Faso Over Detained Soldiers

Glo

Glo, NCC Dragged to Court Over Alleged ₦20bn Breach of 2.6GHz Spectrum Contract

Nigeria Peace Corps Commandant

EFCC Arraigns Nigeria Peace Corps Commandant, Finance Director Over Alleged N60m Fraud

DSTV

DSTV Faces Streaming Showdown as Netflix, Paramount Battle for Warner Bros. Discovery’s Global Assets

TIN

FG Mandates All Nigerians To Obtain TIN for Bank Accounts Operation From 2026

NNPC

NNPC Confirms Pipeline Explosion in Gbaramatu Kingdom, Activates Emergency Response

CBN

CBN Mandates Banks, Fintechs to Implement Dual Connectivity for PoS

Dangote Refinery

BREAKING: Dangote Refinery Crashes Petrol Price Massively Ahead of Yuletide

Maryam Sanda

Supreme Court Nullifies Tinubu’s Pardon, Reinstates Death Sentence for Maryam Sanda

Governor Fubara

BREAKING: APC Officially Registers Governor Fubara as Party Member in Rivers State

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: [email protected]

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria