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Tag "NNPC"

CSOs fault award of oil pipeline protection contracts to ‘militants, ex-bandits’

    CSOs fault award of oil pipeline protection contracts to ‘militants, ex-bandits’

The Civil Society Coalition for Mandate Protection (CSC-MAP) has asked the federal government to stop awarding oil pipeline protection contracts in the Niger Delta region to “militants”. At a rally

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NNPC, Newcross restart production at Awoba Field, target 12,000bpd by May

    NNPC, Newcross restart production at Awoba Field, target 12,000bpd by May

The Nigerian National Petroleum Company (NNPC) and its joint venture (JV) partner, Newcross Exploration and Production Ltd, have restarted production at the Awoba unit field in Port Harcourt, Rivers state.

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NNPC, First E&P begin production at OML 85, target 20,000 bpd

    NNPC, First E&P begin production at OML 85, target 20,000 bpd

The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration and Petroleum Development Company Limited (First E&P) have commenced oil

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Report: NNPC owes $3bn backlog on petrol payments to fuel traders

    Report: NNPC owes $3bn backlog on petrol payments to fuel traders

The Nigerian National Petroleum Company (NNPC) Limited owes around $3 billion to fuel traders for imported petrol. According to Reuters on Monday, three sources confirmed the development. The debt is

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Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

  Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

The federal government is expected to receive $1.05 billion from a syndicated loan backed by oil by the end of

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Crude oil price rises to $87 per barrel — highest since October 2023

  Crude oil price rises to $87 per barrel — highest since October 2023

Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel

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NIN-SIM deadline, banks’ recapitalisation… 7 business stories to track this week

  NIN-SIM deadline, banks’ recapitalisation… 7 business stories to track this week

Here are the seven top business stories you need to track this week — April 1 to April 5. NNPC

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MPC meeting, Nigeria’s public debt… 7 business stories to track this week

  MPC meeting, Nigeria’s public debt… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 25 to March 29. CBN

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Kyari: Nigeria needs $15bn in next three years to build gas infrastructure

  Kyari: Nigeria needs $15bn in next three years to build gas infrastructure

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says about $15 billion is

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NNPC public listing is within sight, says Kyari

  NNPC public listing is within sight, says Kyari

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the public listing of

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