Tag: NNPC

The two past administrations invested another N1.164 trillion into the power sector through capital releases, yet homes and factories in ...

The Corporation say it discovered hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin.

The MTEF and FSP are documents that provide the framework of designing a budget as enshrined in section 11(3) of ...

Rehabilitation or turn around maintenance of the four refineries has gulped billions of naira since 1999.

The justice minister says the only option open to the Buhari government was to negotiate.

ESSO referred its claims to arbitration in Nigeria and obtained an Arbitral Award of $1.799 billion on October 24, 2011.

The leakages have led to the contamination of underground water and health complications for residents.

“NNPC is very pleased with the decision, and was always confident that there was no basis for a U.S. court ...

An official says no fewer than 15 managers from the NPDC have been affected in the redeployments.

The document is First Witness Statement by the Chairman of P&ID, Michael Quinn, filed before the arbitration tribunal.

The governor said the figure could double by the end of the year.

The NNPC also said 1.76 billion litres of petrol was supplied in June.

The revenue was made up of $13.18 billion, or 90.8 percent from crude oil, and $1.32 billion, or 9.1 percent ...

The ministers assumed duties on Wednesday shortly after their inauguration

The contract is for one year effective October 1, 2019, till September 30, 2020.

OPEC exempted Nigeria and three countries from the mandatory output cut made to stabilise oil prices at the international market

The eight million-tons per annum (MTPA) Train-7 project is designed to expand the company’s production capacity from the current 22 ...

The NNPC GMD signed the agreement between both countries during separate visits by their leaders, President Muhammadu Buhari and King ...

The operation targets Chad Basin, Gongola and Benue Trough.

Mr Dangote said the business approach of the Dangote refinery was to see NNPC as a collaborator rather than a ...

Between 1993 and 2016, the federal government may have spent about $6.065 billon on the rehabilitation of the four refineries.

OML 13 is 100 per cent owned by the NPDC and is located in the Eastern axis of the Niger ...

India is offering a credit line to help revamp Nigeria’s obsolete oil infrastructure.

The suspects, Goody Nnadi and Aisha Usman, are senior officials of the Petroleum Equalization Fund (PEF).

The former NNPC boss says expansion of frontier basins exploration is one of the most important projects for the president