NPDC partners Azuri on renewable energy
To boost the Federal Government’s policy on increasing renewable energy opportunities through dependable solar alternatives, the Niger Delta Power Holding Company (NDPHC) has commenced a partnership with Azuri Power to provide electricity to rural dwellers.
How sustainability of ‘7big wins’ will improve Nigeria’s oil production
Statistics provided by the Nigerian National Petroleum Corporation (NNPC) showed that Nigeria had from January to November 2016 lost over 130 million barrels...
Delta community issues 60-day ultimatum over pollution, others
The Unoghovo Community in Ogharefe-Oghara, Delta State has issued a 60-day ultimatum to Pan Ocean Oil Corporation Nigeria Limited over what it described as gross environmental pollution and degradation of farmlands.
NNPC’s subsidiary to produce largest share of oil daily
Nigerian Petroleum Development Company (NPDC), a subsidy of the Nigerian National Petroleum Corporation (NNPC) will push daily production of crude oil to half a million barrels...
NPDC targets 400,000 barrels production per day
As the controversy over capacity of crude oil exploring companies including the Nigerian National Petroleum Corporation and its subsidiaries...
Reps order NNPC, NPDC to pay $1.5 billion three-year royalties
The House of Representatives ad-hoc committee investigating over N1.6trillion revenue leakages yesterday asked the Nigerian National Petroleum Corporation (NNPC) and Nigeria Petroleum Development Company (NPDC) to clear $1.5billion unpaid royalties on oil and gas activities. The debt, the committee said, was accumulated over three years. NPDC, an exploratory arm of the NNPC, has been dubbed…
DPR indicts CBN, NPDC in alleged N6tr revenue leakages
The Department of Petroleum Resources (DPR) has indicted the Central Bank of Nigeria (CBN) for determining the rate at which royalties paid in dollars are converted to naira before remitting into the Federation Account.
NPDC’s asset portfolio to hit $5b by 2022
Nigerian Petroleum Development Corporation Limited, (NPDC), has unveiled plans to increase asset portfolio from the current $3 billion to $5 billion by 2022.