THE House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil […]
RTag: NPDC
NPDC Well: Efforts ongoing to prevent further gas leak — NUPRC
THE NUPRC says efforts are ongoing to prevent further gas leakage on the Nigerian Petroleum Development Company’s (NPDC) Well 6 […]
Fed Govt gets 40% of Azura $30m power payment
FORTY percent of the $30 million paid monthly to the Azura-Edo Power Plant for 452Mw energy and capacity charges returns […]
Transform Nigeria to Energy Hub of Africa – Heritage Energy
MR Ado Oseragbaje, Chief Executive Officer, (CEO), Heritage Energy Operational Services Limited (HEOSL), has called on Federal Government to use […]
Edo communities shut down NPDC office over ‘marginalisation’
Some Edo residents under the platform of Concerned Edo Youths yesterday shut down the office of the Nigerian Petroleum Development […]
NEITI to FG, Divest from Joint Ventures
The Nigerian Extractive Industry Transparency Initiative, NEITI, is advising the federal government to divest its stakes in the joint venture projects with international oil companies …
Oil Firms Defraud Nigeria of N3.82 Trillion
Oil and gas companies operating in Nigeria has defrauded the country of $19.1 billion (N3.82 trillion) in the last couple of months through underpayments, under-assessment of taxes, royalties and rents among others …
NPDC to Raise Gas Production
THE Nigerian Petroleum Development Company, NPDC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, is targeting to raise its gas production from 420 million standard cubic feet per day, mmscf/d, to 600 mmscf/d in the Oil Mining Leases, OMLs, divested by the Shell …
Senate Investigates Causes of Fuel Scarcity
The Senate is to look into the causes of the current lingering fuel crisis …
Vandals Force Oilfields Shutdown
Six oil and gas companies in Nigeria have shut down some of their oil fields because of pipeline vandalism …
NPDC Crude Oil Production Increases
National Petroleum Development Company is now producing 205,007 barrels of crude oil daily …
PricewaterhouseCoopers’ Audit Report Clears NNPC
The PricewaterhouseCoopers audit report absolves the Nigerian National Petroleum Corporation of not remitting the $20 billion into the federation account …
Upsurge in Crude, Gas Pipelines Vandalism
The Nigerian National Petroleum Corporation, NNPC, is losing several billion of naira to the both crude and gas pipeline vandalism which has also adversely affected power supply in the country …
Forensic Auditors to the Rescue
– The federal government appoints forensic auditors to examine the accounts of the Nigerian National Petroleum Corporation, its subsidiary and […]