The NNPC office in Kenya symbolizes ongoing efforts to combat corruption amid reform pressures.
Nigeria’s state oil company, NNPC Ltd, has begun exporting its newly introduced Cawthorne crude grade, marking a fresh push to strengthen the country’s position in global energy markets. The maiden shipment of 950,000 barrels, loaded from an offshore facility in Rivers State, has been dispatched to the Netherlands and beyond. Classified as a light, sweet crude similar to Bonny Light, Cawthorne is expected to attract strong international demand due to its high fuel yield. This milestone is part of a broader mission to bypass years of production hurdles and advance toward its ambitious target of three million barrels per day. By expanding its export portfolio with high-quality streams, the nation is reinforcing its status as an energy powerhouse ready to meet global demand.
Nairametrics