Tag: NPDC
OML 65: NNPC Seals $875.75m Financing Deal With CPDC
The Nigerian National Petroleum Corporation (NNPC) says it has signed a 875.75 million dollar funding and technical services agreement and alternative financing deal for the ... Read More
NPDC Adopts Modern Technology to Monitor Oil Pipeline
The Nigeria Petroleum Development Company (NPDC)/ND Western OML 34 Asset Management Team (AMT) says it has commenced the use of modern technology for effective monitoring ... Read More
NNPC: We made trading profit of N250 billion in 2016 –- Official
The Group Executive Director, Finance and Account of the Nigerian National Petroleum Corporation (NNPC), Mr Isiaka Abdulrazak said the corporation made a trading profit of ... Read More
$1.8bn Oil Debt: Court to Hear FG’s Suit against Omokore, Aluko Nov. 23
A Federal High Court in Lagos will resume hearing of Federal Government’s suit seeking recovery of 1.8 billion dollars from two oil firms in Nigeria ... Read More
Nigeria Refining Capacity Increases by 29% …As NNPC Cuts Losses by 16.19%
Nigeria Refining Capacity Increases by 29% The combined installed Capacity utilization of the Nigerian National Petroleum Corporation’s refineries located in Port Harcourt, Warri and Kaduna ... Read More
NPDC Remits Over $608m As Royalty and Petroleum Tax In 2016
Ndu Ughamadu, Abuja: The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary Company of the Nigerian National Petroleum Corporation, NNPC, has provided clarification on the ... Read More
December 14, 2016 News Summary 13th December 2016: President Buhari Intervenes In Gambia Political Impasse, and more
President Buhari Intervenes In Gambia Political Impasse High-level talks are now ongoing in Banjul the capital of Gambia towards finding lasting solutions to the political ... Read More
NNPC Set To Grow Oil, Gas Reserves
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru has vowed to improve reserves and production capacity of the ... Read More
Operation CROCODILE SMILE: Troops On Patrol Track Down, Arrest Hoodlums
Troops of 222 Battalion, 4 Brigade Nigerian Army involved in the field training exercise of Operation CROCODILE SMILE have also been conducting patrols and raids. ... Read More
NNPC GMD Restates Commitment To Growth, Profitability
Garba Deen Muhammad; Abuja The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Kacalla Baru says NNPC under his watch will ... Read More
Niger Delta: Joint military force foils attack on Agip’s oilfield, arrest 19 suspected vandals
The Joint Military Force deployed to protect oil installations in the Niger Delta, Operation Pulo Shield, on Friday said it foiled an attack on Agip’s ... Read More
NNPC paid N1.118 trillion into the federation account between April 2015 and March 2016
The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March. This is contained in the corporation's ... Read More
EFCC Docks Two Suspected Fraudsters for N17m Fraud
The Economic and Financial Crimes Commission, EFCC, on Tuesday February 2, 2016 arraigned the duo of Festus Ozemoya and Isaac Ozemoya before Justice G. B. ... Read More
NNPC/NPDC Restate Committment
The Nigerian National Petroleum Corporation, NNPC and its subsidiary the Nigerian Petroleum Development Company, NPDC have expressed their readiness to efficiently run some of the ... Read More