President Muhammadu Buhari has written to the National Assembly to seek for approval to issue an additional $500 million Eurobond to fund capital projects in the 2017 budget.
This was revealed during a Senate session yesterday.
The latest demand follows the oversubscription of a similar bond...
The Nigerian National Petroleum Corporation, NNPC, has stepped up collaboration with the reputable multinational oil service company, Schlumberger, in the deployment of state-of-the-art technology in the ongoing search for commercial hydrocarbon deposits in the Chad basin and other parts of the inland sedimentary basins.
In...
The Nigerian National Petroleum Corporation, NNPC, yesterday, painted a gloomy outlook for Nigeria’s economic fortunes, as it disclosed that the country’s crude oil and gas reserves were fast depleting.
The NNPC in a statement in Abuja, therefore, begged oil and gas exploration companies, professionals and...
The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to partner with stakeholders in the Oil and Gas Industry to grow the nation’s fast depleting reserves in order to increase productivity in the petroleum sector.
Group Managing Director of the NNPC, Dr. Maikanti Baru...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru has urged the National Association of Petroleum Explorationists (NAPE) to explore the hydrocarbon potentials of green frontier basins in order to increase the depleting reserves in the country.
Dr. Baru gave...
