Fed Govt Spends N464bn On Oil Joint Ventures     The Federal Government spent N464.2bn in the first three months of 2020 on oil and gas assets being developed through joint ventures with private firms, mostly international oil companies, the latest data from the Nigerian National Petroleum...

$5bn JV Debt Repayment Restoring Investors’ Confidence - NNPC The Nigerian National Petroleum Corporation (NNPC) has said its repayment of the about $5 billion negotiated joint venture cash call debts owed to International Oil Companies (IOCs) over the years was now stirring the confidence of...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that following the acquisition and processing of over 1,900 square kilometres of new three-dimensional seismic in the Chad Basin, the corporation will commence drilling in early 2017 after...