Nigerian National Petroleum Corporation

The Federal Government on Tuesday sought the approval of the Senate for the issuance of N10.69 billion promissory note for refund on federal projects executed by the Kogi State government.

The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023. The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023.

The federal government has vowed to recover over $62 billion it claims as arrears of profits due it from 1998 under the production sharing contracts (PSCs) between the Nigerian National Petroleum Corporation (NNPC) and its joint venture partners.

Dare-devil armed robbers on Saturday attacked Nigerian National Petroleum Corporation (NNPC) mega station in Ilorin, the Kwara state capital.

The Nigerian National Petroleum Corporation (NNPC) says it has discovered hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North Eastern part of the country.

The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work very quickly towards expanding the production capacity of the company beyond Train 7 to take advantage of developments in the global LNG market.

The Nigerian Petroleum Development Company Limited, an upstream subsidiary of the Nigerian National Petroleum Corporation, on Friday reported a fire incident which occurred at its Oil Mining Lease 20 at Egbema-West, Imo State.

The Nigerian Investment Promotion Commission on Friday said it recorded a total investment commitment of $9.29bn in the third quarter of this year.

The Nigerian Petroleum Development Company Limited (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a fire incident which occurred at Oil Mining Lease (OML) 20 at Egbema-West, Imo State Monday 7th October 2019.

The Nigerian National Petroleum Corporation (NNPC) has raised the alarm on the increasing menace of oil pipeline vandalism which hit a record high of 228 pulverized points in July.

The Nigerian National Petroleum Corporation (NNPC) says it will soon commence the publication of details of petroleum products supplies transactions as part of efforts to deepen transparency in its operation.

The Nigerian National Petroleum Corporation, NNPC, yesterday, declared a trading surplus of N4.26 billion in its operations for the month of July 2019.

Shocking revelations came from the Nigerian National Petroleum Corporation (NNPC) On Wednesday as it raised the alarm on the increasing menace of oil pipeline vandalism which hit a record high of 228 pulverized points in July, 2019 alone.

The Nigerian National Petroleum Corporation, NNPC, Tuesday, disclosed that buyers of the divested assets of its Joint Venture, JV, partners have all failed to make meaningful impacts and contributions to the development of the assets, almost gently years after their sale.

The Senate has received a written request from President Muhammadu Buhari to present the 2020 Appropriation Bill before a joint session of the National Assembly on Tuesday.

The Senate on Thursday, approved the 2020 to 2022 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).

The House of Representatives on Thursday passed the 2020 to 2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The Senate has mandated three of its committees to investigate seven international oil companies over their alleged refusal to remit about $21 billion to the national treasury.