Home Topics NPDC
An Abuja Federal High Court has adjourned the alleged money laundering trial of Jide Omokore, Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited until February 23.
The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020.
The Nigerian National Petroleum Corporation (NNPC) has reported that it sold N2.015 trillion worth of petrol from November 2019 to November, 2020.
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N13.43billion for the month of November 2020 up by 54% when compared to the N8.71billion surplus recorded in October 2020.
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.
Abuja Furniture Production (AFP), the furniture production unit of Julius Berger Nigeria Plc, has won its bid to provide turnkey furnishing for the head office of the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.
Ex-Skye Bank chair Tunde Ayeni accuses Captain Okunbo of stealing, criminal diversion of millions...
A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.
Some audit issues raised against the Nigerian Petroleum Corporation (NNPC) in past reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) have been fully resolved.
The Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr Mansur Sambo, says the company is the largest supplier of the domestic gas in the country.
Justice A. Faji of the Lagos Division of the Federal High Court yesterday upheld the decision of an arbitration tribunal, which slammed a whopping $1.7 billion judgment in favour of the Nigerian Petroleum Development Company (NPDC).
The Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa and host to Aiteo Eastern Exploration and Production limited, on Saturday, issued an immediate quit notice to the oil company from the community.
A coalition of Civil Society Organisations, in a report published yesterday, lamented that a number of critical contracts in the Nigerian oil and gas industry are shrouded in secrecy and risk endangering the Nigerian economy and the welfare of citizens.
Mallam Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced a trading surplus of N20.36 billion in July 2020, rising by 860 per cent from a surplus of N2.12 billion recorded in June.
The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that its legal team won four major court cases bordering on disputes surrounding oil wells and export terminals that helped the country saved Nigeria N5.04 billion.
The Nigerian National Petroleum Corporation, NNPC, yesterday, said, it has obtained a prepayment funding of circa US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company, NPDC.
The Nigerian Petroleum Development Company, NPDC, the upstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, is yet to recover N2.9 trillion debts owed it as at the end of 2018, according to a report published by a research and data analytics firm, Dataphyte Nigeria.
Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing One billion standard cubic feet of gas per day (1bscfg/d) to the domestic market for power generation.
The Group Managing Director of Nigerian National Petroleum Corporation, Mele Kyari, has disclosed that the Nigerian Petroleum Development Company (NPDC), will soon curb importation of Liquefied Petroleum Gas (LPG), into the country with the daily production of 500,000 barrel per day, for local consumption.
The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by suspected oil thieves in May, 2020.
Jamaican sprinter Yohan Blake, has revealed his anti-Coronavirus vaccine stance, claiming he would rather miss the Tokyo 2020 Olympics than get the jab.
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank’s commitment to reviving the oil palm sector with a view to stopping importation of the commodity.
Goods worth millions of naira were last Saturday night destroyed by fire, which razed a section of the Ikpoba Hill market in Ikpoba Okha Local Government Area of Edo State.
The Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery.
Manchester City striker Sergio Aguero needs time to rediscover his best form after a lengthy spell out and the Argentine will have to fight for his spot in the squad, manager Pep Guardiola said.
Liverpool City Council has unanimously approved Everton's plan to build a new £500 million ($703m) stadium at Bramley-Moore Dock.
Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state.
The Niger State Governor, Alhaji Abubakar Sani Bello, has said the rescued kidnapped victims of the Government Science College, Kagara went through tremendous torture in the hands of their abductors.
The Commissioner for Information in the state, Ayiba Duba, who disclosed this on Thursday to newsmen, vowed that the state government was working with security agencies to apprehend and prosecute the cultists.
Kaduna state government has said security agencies have reported a sequence of attacks by armed bandits on soft targets in Igabi and Chikun local government areas killing 18 residents.