Cash Strapped NNPC Secures $1.2billion Loan
The Nigerian National Petroleum Corporation (NNPC) has secured a $1.2 billion multi-year drilling financing package to contribute to the running ...
Tag: NNPC Nigeria News
Oil Marketers’ Earnings Hit By Delay In Subsidy Payments
The non timely payment in subsidy monies owed to petroleum products importing and marketing firms, has hit their half year earnings. ...
![[Oil Pipeline Theft] Drones Will Soon Be Tested](https://nairametrics.com/wp-content/uploads/2015/09/Googledrone.jpg)
[Oil Pipeline Theft] Drones Will Soon Be Tested
Operatives of the Nigeria Security & Civil Defence Corps (NSCDC) will soon test a drone with an infrared camera designed to ...
Neconde Records Production Output Of 24,000 bpd In July
Production from oil mining lease (OML) 42 operated by Neconde Energy Limited, an indigenous oil and gas firm, has grown ...
[OFFICIAL] Guidelines For Sale Of Nigeria’s Crude
The Nigerian National Petroleum Corporation (NNPC) has released the guidelines for the participation of local and foreign companies in the ...
Venezuela’s PDVSA Buys Nigerian Crude Cargoes
Venezuela’s state-run oil company PDVSA has bought new cargoes of Nigerian crudes for delivery at Bullenbay – where it operates a ...
NNPC Will Review Production Sharing Contracts With Oil Companies Says Kachikwu
The Nigerian National Petroleum Corporation says it is set to revisit the fiscal terms of the existing Production Sharing Contracts(PSC) ...
Buhari Says Ghanaian Firms May Be Involved Crude Oil Theft
President Muhammadu Buhari has hinted that the Federal Government may have uncovered some Nigerian oil companies working in connivance with ...
Increased North Sea, Nigerian Crude Will Drive Prices Down Further
The North Sea and Nigeria will ship the most crude in more than three years in October, adding to downward ...
Kachikwu Says Kaduna Refinery Will Produce In Dec
Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months. This information was ...
