How Oredo gas scheme will pump N2.8tr to Nigeria’s 2021 budget, beyond
All things being equal, fact check shows that not less than N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum…
NNPC, CPDC $875.75m financing deal to deliver financing edge
The Nigerian National Petroleum Corporation (NNPC) has explained the key reason behind the latest $875.75 million funding and technical services agreement and alternative financing deal for the Nigerian Petroleum Development Company (NPDC) operated Oil Mining Lease (OML) 65. The Corporation…
NPDC to become Nigeria’s leading daily oil producer, builds 330,000mtpd gas plant
One of the subsidiaries of Nigerian National Petroleum Corporation (NNPC), the Nigerian Petroleum Development Company (NPDC), is set to deepen daily production of crude oil to half a million barrels to assume the plum position of the country’s leading producer….
NPDC reechoes equity production of .5m bpd by 2020 in Owerri
The Nigerian Petroleum Development Company (NPDC), has once again, restated the growing trending that will lead oil equity production to 500,000 bpd by year 2020. Speaking at the ongoing Nigerian Content Workshop in Owerri, Imo State, the Managing Director of…
Why NPDC is targeting 500,000 bpd By 2020
Fresh insights have emerged on the readiness of the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), to grow its equity production from the current 180,000 barrels per day to 300,000 bpd by 2018….
Delta Community indicts Army, NDPC, others in oil pollution cover up
Disquiet is raging currently in lead oil producing community in Burutu Council Area of Delta State, Yeye Community over an oil spill at Ekeremo Manifold in the area. A statement signed by Pastor Philip Fianka and Prince Onaro, Chairman and…
