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Crude Oil Production By NPDC Increases By 57,000bpd

Crude Oil Production By NPDC Increases By 57,000bpd   Crude oil production by the Nigerian Petroleum Development Company (NPDC), the flagship subsidiary of the Nigerian National Petroleum Corporation, has increased by 57,000 barrels per day. The NNPC, in its January 2019 news edition obtained in Abuja on...

Gas Flaring: NNPC Subsidiary, 22 Others Owe $49m Fines

Gas Flaring: NNPC Subsidiary, 22 Others Owe $49m Fines The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), and 22 other oil companies are yet to pay to remit $3,632,075 to the Federation as fines for flaring gas beyond...

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

NPDC Targets 500,000 Barrels of Crude Oil Per Day Production The Nigerian Petroleum Development Company (NPDC), one of the upstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), will increase its daily crude oil production to 500,000 barrels per day before 2022. This target was announced...

NPDC Poised to Grow Equity Production From 180,000 to 500,000 by 2020

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...

NNPC, Partners to Boost Domestic Gas Supply by 285%

…List 7 Critical Gas Projects for Fast-track Execution In a bid to realize the Federal Government’s mandate to deploy the nation’s gas resources to stimulate economic growth, the Nigerian National Petroleum Corporation (NNPC) and its partners have evolved a scheme to grow gas supply for...

$17bn undeclared crude: House c’ttee walks out CBN, NPDC, DPR officials

The House of Representatives Adhoc Committee on $17 billion stolen from undeclared crude oil and liquefied natural gas from Nigeria, yesterday, walked out officials of Central Bank of Nigeria, CBN; National Petroleum Development Corporation, NPDC, and Department of Petroleum Resources, DPR, as they were...