Nigerian Petroleum Development Company
14 Dec 2019
The Final Investment Decision (FID) of the $10 billion worth Nigeria Liquefied Natural Gas (NLNG) train seven project would be taken next week,
9 Mar 2019
An arbitral tribunal at the Lagos Court of Arbitration yesterday awarded $1.69 billion in favour of Nigerian Petroleum Development Company (NPDC) Limited in the suit between Atlantic Energy Drilling Concepts Nigeria Ltd, Atlantic Energy Brass Development Ltd and NPDC. Atlantic Energy Drilling Concepts and Atlantic Energy Brass Development instituted the suit on August 15, 2016,…
2 Dec 2016
Governor Godwin Obaseki of Edo has decried the poor attitude of multinational oil companies operating in the state toward the welfare of their host communities.
27 Nov 2016
Nigerian militants on Sunday blew up a state-run pipeline in the restive oil-producing south, in the latest act of sabotage aimed against the strategic sector, a local official said.
14 Aug 2016
Nigeria’s economy is sliding downwards due to tumbling crude oil price, unabated illegal oil bunkering and catastrophic attacks on critical oil and gas installations by militants in the Niger Delta.
11 Aug 2016
Nigeria is fast losing its clout among global oil producers as the country recorded the highest drop in crude production in the Organisation of Petroleum Exporting Countries (OPEC) in July.
8 Aug 2016
To show its commitment to treating Joint Venture (JV) funding as a first line charge, the Federal Government deployed almost 100 per cent of its revenue earnings ...