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Nigerian Petroleum Development Company
The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile gained momentum with the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65 through the Funding and Technical Services Agreement with CMES-OMS Petroleum Development Company (CPDC).
The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile was boosted with the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated OML 65 through the Funding and Technical Services Agreement with CMES-OMS Petroleum Development Company (CPDC).
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has raised the hope of a likely oil find in the frontier basins, saying that significant progress has been made in the ongoing exploration.
Atesuo Community in Warri North council area of Delta state has threatened to shut down operations of the Nigeria Petroleum Development Company (NPDC) and Elcrest Exploration and Production Company, over alleged repeated failure to recognise and treat them as one of their host communities.
The Nigerian National Petroleum Corporation, NNPC, yesterday, cleared ExxonMobil from any sharp practices and indebtedness to the country.
An arbitration court has directed on Atlantic company to pay $1.6billion to a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Petroleum Development Company (NPDC) that was fleecing it.
The federal government says it is caught between a rock and hard place on how to raise additional N102.84 billion to bridge the funding gap created in the 2019 budget as a result of the increase of N90.3 billion by the National Assembly.
Dr. Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), on Tuesday said the corporation had recovered $1.6 billion from some companies fleecing one of its subsidiaries.
The dismal performance of the country’s three refineries, Warri, Port Harcourt and Kaduna refineries, continued, as the refineries posted operating deficit of N8.36 billion in January 2019, according to data released by the Nigerian National Petroleum Corporation, NNPC.
The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.
The 71st Primetime Emmy Awards bent the knee to HBO’s fantasy epic “Game of Thrones,” which closed out Sunday night’s ceremony by nabbing the prize for best drama series.
Nigerian Chef, Folashade Shoyonbo, on Sunday in Lagos emerged winner of a Jolof Rice Contest after beating chefs from two other West African countries.
The Zamfara State Government said it has obtained ‘credible intelligence reports’ indicating that some politicians in the state “are making clandestine moves to destabilise the state.”
The Kano State Hisbah Board, has destroyed over 196,400 bottles of beer confiscated within the Kano metropolis.
Housemate Chimeke Okoye aka Frodd has won the ultimate veto power in the ongoing BBNaija season four.
The Peoples Democratic Party Youth Network has called on Bayelsans to ignore a wild rumour being peddled by unscrupulous characters about a purported meeting between Governor Seriake Dickson and the Minister of State for Petroleum Resources, Chief Timipre Sylva.
In line with the Central Bank of Nigeria (CBN) policy to discourage the importation of milk, four dairy products manufacturers have commenced the process for the local production of milk, an official has said.
South East farmers under the auspices of Igbo Farmers Progressive Union (IFPU) has urged President Muhammadu Buhari to call the Miyetti Allah Cattle Breeders Association to order, insisting that no group should kill others in the country.
A 44-year-old tipper driver, Edoghogho Omorogbe, has been arrested by the operatives of the Edo State Police Command for allegedly killing his 52-year-old mother-in-law, Mrs. Alice Omorogbe, 25 year-old sister-in-law, Blessing Efe and her six-month-old daughter.
Rafael Nadal has pulled out of his Laver Cup matches on Sunday due to inflammation in his hand.