Tag: NPDC
NNPC Reports Explosion in OML 40 Facility
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in...
NNPC Drills 39 Wells, Including 2 Exploratory Wells
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the volume of oil deposits Nigeria holds declined by 2.16% barrels (bbls).
While the country’s oil...
NNPC records ₦20.36bn trading surplus in July — report
The Nigerian National Petroleum Corporation (NNPC) said it recorded increased trading surplus of ₦20.36billion in July, compared to the ₦2.12billion surplus in June 2020...
NNPC Receives $1bn Upstream Funding for NPDC Tax Obligations
The Nigerian National Petroleum Corporation (NNPC) has reportedly received funding to the tune of $1 billion for upstream operations for its subsidiary, Nigerian Petroleum...
Nigeria Records N16.46bn Fall in IOC Taxes
The Nigerian National Petroleum Corporation (NNPC) has said that the tax revenue accruing to the federal government from Production Sharing Contracts (PSC) with international...
Seplat Expresses Concern Over OPEC Oil Cuts
The Chief Executive Officer of Nigeria’s biggest independent energy company, Austin Avuru, has said that the country’s decision to comply strictly with OPEC+ oil...
NPDC Seeks Police, DSS Partnership On Oil Assets Protection
The Nigerian Petroleum Development Company (NPDC) - the Upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC) - has sought the collaboration of the...
Seplat Scholarship!
Accounting, Agricultural Engineering, Agricultural Science, Architecture, Business Administration, Chemical Engineering, Civil Engineering, Computer Engineering, Computer Science, Economics, Electrical/Electronic Engineering, Geology, Geophysics, Human Medicine, Journalism,...
NPDC, Eland Commence 5-Well Drilling Campaign of OML 40
Nigerian Petroleum Development Company (NPDC) and Eland Oil & Gas, an upstream oil and natural gas exploration company, are set to commence a five-well...
NNPC, others yet to remit $22.06bn, N481.75bn to Federation Account
The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, Nigerian Petroleum Development Company (NPDC) and other companies in the oil and gas sector have...
Baru commends NPDC on 100% local content on gas facility
The Nigerian National Petroleum Corporation (NNPC) has commended the Nigerian Petroleum Development Company (NPDC), for achieving 100 per cent local content input in the...
NNPC records trade surplus in May
Oge Obi.
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it recorded a trade surplus of N18.12 billion in the month of May, a...
Seplat Claws Back $150M “Cash Call” From NPDC
Seplat has, in the space of nine months, received about 150Million, amounting to a third of the money owed it by NPDC, its government-owned...
Senate constitutes Committee to probe non-remittance of N1tn by NNPC
The Senate wednesday constituted an ad hoc committee to probe the allegation by the National Extractive Industries and Transparency Initiative (NEITI) that Nigerian National...
New militant group threatens to blow up Utorogu gas plant
A secessionist group, Utorogun Liberation Movement, ULM, surfaced, Thursday, in Delta State, vowing to destroy the Utorogu Gas Plant, Ughelli, which supplies gas to...
