NNPC reports explosion in OML 40 facility
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported an explosion at a production facility in Oil Mining Lease (OML) 40.
AfDB grants $5 million to AU for AfCFTA permanent secretariat
The African Development Bank Group (AfDB), said it provided a $5 million institutional support grant to the African Union (AU), to establish the African Continental Free Trade Area
NPDC targets additional 600mmscf daily gas supply
The Nigerian Petroleum Development Company (NPDC), an exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), has said it is targeting an additional 600 million standard cubic feet per day
Lawan woos new NBA leadership on constitutional amendment
•Lawmakers summon Kyari, others over alleged sour oil deal President of the Senate, Ahmad Lawan, has reiterated the need for cooperation between the National Assembly and the Nigerian Bar Association (NBA) in the upcoming constitutional amendment for the betterment of the country. He made the appeal in a congratulatory message issued by his Special Adviser…
Stakeholders laud NNPC’s transparency, N1.01tr profits from NAPIMS
In its first-ever audited report, the Nigerian National Petroleum Corporation (NNPC), revealed that it posted over N1.01 trillion profit from its venture marketing subsidiary, National Petroleum Investment Management Services...
Our priority is to save personnel, Nigerians, NPDC boss declares
Management of the Nigerian Petroleum Development Company (NPDC) in collaboration with ND Western has declared that its priority at the moment is to help its personnel...
Captain Hosa at 61: Audacity hugs tenacity
From deep introspection, notable marathoner Billy Mills observed that “Our life is a gift from the Creator. Your gift back to the Creator is what you do with your life.”
NNPC records N13.23bn trade surplus in October
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion surpluses posted in September 2019. The Corporation disclosed this in its Monthly Financial and Operation Report (MFOR) for the month of October released in Abuja, on Wednesday. The…