Tag: NPDC

OML 65: NNPC Seals $875.75m Financing Deal With CPDC

Abdul Jimoh- September 23, 2019

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

Henry Solomon- August 19, 2019

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

inno.korie- April 10, 2018

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

Arowobusoye Samuel- November 10, 2017

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%

Abdul Jimoh- April 11, 2017

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

AMT Tanimu- January 12, 2017

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

admin- December 14, 2016

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

Henry Solomon- December 1, 2016

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

Henry Solomon- August 31, 2016

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

Abdul Jimoh- August 10, 2016

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

inno.korie- June 17, 2016

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

inno.korie- May 9, 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

Arowobusoye Samuel- February 3, 2016

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

admin- June 25, 2013

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