News

Coronavirus: NPDC, Seplat, Esehi Pharmaceuticals boost Edo govt’s response with PPE, sanitisers, others

Ihesiulo Grace 2 April 2020 0

…as govt solicits for more support from corporate bodies, others The Edo State Deputy Governor and Chairman, Edo State Response Committee on COVID-19, Rt. Hon. Comrade Philip Shaibu, has tasked corporate bodies and public-spirited individuals, to support the state government’s

Business Headlines

Mind boggling revelation: NNPC, oil firms yet to remit $22bn, N481bn to FG’s account

Ihesiulo Grace 30 October 2018 0

…NNPC owes Federation Account $19.04bn, N424.56bn; NPDC owes $2.38bn, N1.95bn …NEITI: Unremitted funds part of unresolved remedial issues in 2010 to 2015 audit reports The Nigeria Extractive Industry Transparency Initiative (NEITI) has disclosed that the Nigerian National Petroleum Corporation (NNPC) and other stakeholders in the oil and gas sector and Nigerian

Energy News

NPDC achieves 100% local content in gas handling facility

Ihesiulo Grace 25 October 2018 0

The Nigerian Petroleum Development Company (NPDC), an Upstream Subsidiary of the Nigerian National Petroleum Corporation (NNPC), has achieved a 100 per cent local content input in the development of Oredo Integrated Gas Handling Facility. NNPC Group Managing Director, Dr. Maikanti Baru, declared this Wednesday during a tour of the NPDC’s Oredo Flow Station, Oredo

News

NPDC Targets 500,000 Barrels of Crude Oil Per Day Production

Ihesiulo Grace 26 January 2018 0

An upstream subsidiary of the Nigerian National Petroleum Corporation NNPC, The Nigerian Petroleum Development Company (NPDC), says it is ready to increase its daily crude oil production to 500,000 barrels per day before 2022. This target was announced by the Group Managing Director of the NNPC, Dr. Maikanti Baru, during the inauguration of the board […]

Energy News

NPDC poised to grow equity production to 500,000 bpd by 2020-Matshi

Ihesiulo Grace 27 September 2017 0

…..As company becomes 5th largest oil producer in Nigeria Nigerian Petroleum Development Company (NPDC), the flagship subsidiary of the Nigerian National Petroleum Corporation (NNPC), is poised to grow its equity production from the current 180,000 barrels per day to 300,000 bpd by 2018 and by 2019 and 2020 its production is expected to hit 400,000 […]