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Federal government takes 10 billion barrels deep-water foreign investors’ chase to London

The Federal Government has taken the chase of foreign investors for 10 billion barrels deep-water oil resources in Nigeria to London, United Kingdom.
GMD NNPC, Dr. Maikanti Baru (right) and President of COMPLANT, a partner of the OBAX-COMPLANT Consortium, Mr. Qin Chun Lin displaying signed MoU on the production of biofuels in Nigeria, during a ceremony held at the Nigerian Embassy in China, Beijing, Tuesday. On GMD’s left is 1st COO Ventures, Dr. Babatunde Adeniran and 2nd Deputy Chief of Mission at Nigeria’s Embassy in China, Ambassador Aliyu Bakori. Also on Mr. Lin’s right is the Executive Secretary, NIPC, Mrs. Yewande Sadiqu.

NNPC, Chinese consortia sign MoUs on biofuels production

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) in China with Nigerian-Chinese consortia towards developing sustainable biofuels in the country.
The Nigerian National Petroleum Corporation (NNPC) says it is considering powering all its retail outlets with electricity from solar energy as it planned to venture into solar power generation.

Maikanti Baru: NNPC retail outlets to be powered by solar

The Nigerian National Petroleum Corporation (NNPC) says it is considering powering all its retail outlets with electricity from solar energy as it planned to venture into solar power generation.

NNPC poised to remain globally competitive

The Nigerian National Petroleum Corporation (NNPC) has vowed to remain globally competitive to ensure value addition to the nation’s hydrocarbon resources for the benefit of Nigerians and other stakeholders.

Maikanti Baru: Nigeria to earn $5.60 billion in taxes, from Schlumberger oil finance deal

The Nigerian National Petroleum Corporation (NNPC), says the NNPC, First E&P and Schlumberger $724 million oil financing deal will enable Nigeria earn $5.60 billion in taxes and royalty.
Schlumberger

NNPC finalises $724 million oil finance deal with Schlumberger

The Nigerian National Petroleum Corporation (NNPC) on Sunday disclosed it had finalised a crude oil production financing deal it negotiated with Schlumberger for the Anyalu and Madu oil fields under Oil Mining Licences (OMLs) 83 and OML 85, offshore Nigeria.

Maikanti Baru: NNPC operations to go paperless soon

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation is poised to go paperless in its operations soon.

NNPC: Refineries will be back to optimal capacities soon

The Nigerian National Petroleum Corporation (NNPC) would not relent in its quest to get the nation’s four refineries back to their optimal, nameplate capacities.

NNPC, Chevron sign $1.7bn deal for 39,000bpd

The Nigerian National Petroleum Corporation, NNPC, and Chevron Nigeria Limited, CNL, have executed the second and final phase of an Alternative Financing Agreement meant to increase crude oil production in the country by about 39,000 barrels per day.

NNPC Retail’s new mega station, part of strategies to ensure energy security – Maikanti...

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has described the commencement of operations of the newly constructed ultra-modern mega station of NNPC Retail Limited located along Lagos-Ibadan Expressway, as part of the strategies to ensuring energy security in the country.

Fed govt to open bid rounds for 30 marginal oil fields, invites local players

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that the federal government would soon open bids to concession 30 marginal oil fields in the country.

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