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Tag "NPDC"

Reps ask NNPC to suspend planned sale of OML 11 asset

    Reps ask NNPC to suspend planned sale of OML 11 asset

The house of representatives has asked the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the $1 billion oil mining lease (OML) 11 asset for a meagre

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NPDC to begin oil exploration in Ogoniland

    NPDC to begin oil exploration in Ogoniland

The Nigerian Petroleum Development Company (NPDC) Limited, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), says it is ready to start oil exploration in Ogoniland. Ali Zara, managing director

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NNPC confirms explosion at 10,000mpd OML 40

    NNPC confirms explosion at 10,000mpd OML 40

The Nigerian National Petroleum Corporation (NNPC) has confirmed an explosion at Oil Mining Lease (OML) 40 operated by the Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the corporation.

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NNPC ‘gets $1bn’ to fund upstream operations of NPDC

    NNPC ‘gets $1bn’ to fund upstream operations of NPDC

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of approximately $1 billion to support the upstream operations of Nigerian Petroleum Development Company (NPDC), its subsidiary. In a

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NPDC targets 500,000bpd crude oil production

  NPDC targets 500,000bpd crude oil production

The Nigerian Petroleum Development Company (NPDC) is working towards producing 500,000 barrels of oil per day (bpd) within the next

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UBA facilitates $1.5bn financing for NNPC to boost oil production

  UBA facilitates $1.5bn financing for NNPC to boost oil production

The United Bank for Africa (UBA) has acted as an initial mandated lead arranger with a consortium of Nigerian commercial

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We paid $608m to federation account in 2016, says NPDC

  We paid $608m to federation account in 2016, says NPDC

The Nigerian Petroleum Development Company (NPDC), the upstream subsidiary company of the Nigerian National Petroleum Corporation (NNPC), has provided clarification

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Senate to probe NNPC, NPDC for ‘criminally witholding $3.47bn’ from federation account

  Senate to probe NNPC, NPDC for ‘criminally witholding $3.47bn’ from federation account

The senate has mandated its committees on finance, petroleum upstream and downstream to investigate the Nigerian National Petroleum Corporation (NNPC)

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Militants ‘blow up’ NPDC pipeline in Delta state

  Militants ‘blow up’ NPDC pipeline in Delta state

The Niger Delta Greenland Justice Mandate (NDGJM), a militant group, claims it has blown up an oil pipeline of the

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