Nigeria National Petroleum Company

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4h
EuroNews
Suspected Boko Haram militants kidnap 10 oil contractors in northeast Nigeria - NNPC BAUCHI, Nigeria (Reuters) - Suspected Boko Haram militants kidnapped 10 geolo
EuroNews / Posted 4 hours ago
BAUCHI, Nigeria (Reuters) - Suspected Boko Haram militants kidnapped 10 geological researchers from the University of Maiduguri in northeast Nigeria on Tuesday,... Read more
11 related articles
5h
DW
Nigeria militants kidnap oil survey team |The Nigerian National Petroleum Company (NNPC) has been surveying for more than
DW / Posted 5 hours ago
The Nigerian National Petroleum Company (NNPC) has been surveying for more than a year for what it says could be vast oil reserves in the Lake Chad Basin, a region wracked by Boko Haram's eight-year insurgency. At least 20,000 people have been killed... Read more
11 related articles
7h
Adelaide Now
Militants kidnap oil team in NigeriaSuspected Boko Haram insurgents have kidnapped 10 members of a geological resea
Adelaide Now / Posted 7 hours ago
Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team in northeastern Nigeria. A spokesman for the Nigerian National Petroleum Company, which contracted the workers, said the contractors were kidnapped near Jibi... Read more
11 related articles
7h
Herald Sun
Militants kidnap oil team in NigeriaSuspected Boko Haram insurgents have kidnapped 10 members of a geological resea
Herald Sun / Posted 7 hours ago
Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team in northeastern Nigeria. A spokesman for the Nigerian National Petroleum Company, which contracted the workers, said the contractors were kidnapped near Jibi... Read more
11 related articles
7h
The Courier Mail
Militants kidnap oil team in NigeriaSuspected Boko Haram insurgents have kidnapped 10 members of a geological resea
The Courier Mail / Posted 7 hours ago
Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team in northeastern Nigeria. A spokesman for the Nigerian National Petroleum Company, which contracted the workers, said the contractors were kidnapped near Jibi... Read more
11 related articles
7h
News.com.au
Militants kidnap oil team in NigeriaSuspected Boko Haram insurgents have kidnapped 10 members of a geological resea
News.com.au / Posted 7 hours ago
Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team in northeastern Nigeria. A spokesman for the Nigerian National Petroleum Company, which contracted the workers, said the contractors were kidnapped near Jibi... Read more
11 related articles
7h
Channel NewsAsia
Suspected Boko Haram militants kidnap 10 oil contractors in northeast Nigeria - NNPCBAUCHI, Nigeria: Suspected Boko Haram militants kidnapped 10 geological researc
Channel NewsAsia / Posted 7 hours ago
BAUCHI, Nigeria: Suspected Boko Haram militants kidnapped 10 geological researchers from the University of Maiduguri in northeast Nigeria on Tuesday, said a spokesman for the state oil company that had contracted the academics. Nigerian National... Read more
11 related articles
7h
The Star
Suspected Boko Haram militants kidnap oil survey team in northeast Nigeria - NNPCBAUCHI, Nigeria (Reuters) - Suspected Boko Haram insurgents have kidnapped 10 m
The Star / Posted 7 hours ago
BAUCHI, Nigeria (Reuters) - Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team from the University of Maiduguri in northeast Nigeria, the state oil company, which contracted the work, said on Wednesday. The... Read more
11 related articles
8h
Reuters
Suspected Boko Haram militants kidnap 10 oil contractors in northeast Nigeria: NNPCBAUCHI, Nigeria (Reuters) - Suspected Boko Haram militants kidnapped 10 geologi
Reuters / Posted 8 hours ago
BAUCHI, Nigeria (Reuters) - Suspected Boko Haram militants kidnapped 10 geological researchers from the University of Maiduguri in northeast Nigeria on Tuesday, said a spokesman for the state oil company that had contracted the academics. Nigerian... Read more
11 related articles
2d
AllAfrica.com
GLS Unveils 25-Year JV Partnership Deal With Nas of Kuwait for Ria Cargo OperationsGlobal Logistics Services (GLS) has announced the selection of National Aviatio
AllAfrica.com / Posted 2 days ago
Global Logistics Services (GLS) has announced the selection of National Aviation Services (NAS) of Kuwait as its joint venture (JV) partner to manage the 25-year air cargo operations concession at the Roberts International Airport (RIA). The joint... Read more
4d
AllAfrica.com
Court Orders Temporary Forfeiture of Alison-Madueke Banana Island Property, N86b to FGthe temporary forfeiture of a property located at Banana Island, Lagos bought f
AllAfrica.com / Posted 4 days ago
the temporary forfeiture of a property located at Banana Island, Lagos bought for $37.5m in 2003 by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke to federal government. Justice Obiozor made the order that the property,... Read more
5d
Business Wire
Schlumberger Ld. UK Regulatory Announcement: Schlumberger Announces Second-Quarter 2017 Resultsgains, improved operational efficiency, timely resource additions, and proactiv
Business Wire / Posted 5 days ago
gains, improved operational efficiency, timely resource additions, and proactive supply chain management. “In the international markets, revenue increased 4% sequentially, led by Europe/CIS/Africa as activity recovered from the winter slowdown... Read more
3 related articles
5d
Business Wire
Schlumberger Announces Second-Quarter 2017 Resultsgains, improved operational efficiency, timely resource additions, and proactiv
Business Wire / Posted 5 days ago
gains, improved operational efficiency, timely resource additions, and proactive supply chain management. “In the international markets, revenue increased 4% sequentially, led by Europe/CIS/Africa as activity recovered from the winter slowdown... Read more
3 related articles
5d
AllAfrica.com
I'm Not Involved in Any Deal With Diezani - OkunborBenin — THE Chairman of Ocean Marine Security Limited, an off-shore asset prote
AllAfrica.com / Posted 5 days ago
Benin — THE Chairman of Ocean Marine Security Limited, an off-shore asset protection company, Capt. Hosa Okunbor, has denied claims in some quarters that he was involved in the controversial offshore processing agreements, OPAs, known as oil swap,... Read more
5d
AllAfrica.com
Court Orders Banks to Remit $793 Million TSA Fundsin their custody to the designated Federal Government's Asset Recovery dollars
AllAfrica.com / Posted 5 days ago
in their custody to the designated Federal Government's Asset Recovery dollars account domiciled with the Central Bank of Nigeria. According to court papers filed by counsel for the Attorney General of the Federation, Prof. Yemi Akinseye-George,... Read more
2 related articles
5d
AllAfrica.com
Third Man Named in Diezani's Alleged $1.7 Billion U.S. Corruption CaseCourt documents filed in Houston by the US Justice Department in the assets for
AllAfrica.com / Posted 5 days ago
Court documents filed in Houston by the US Justice Department in the assets forfeiture proceedings against former Petroleum Minister, Diezani Alison-Madueke, and her business associates, Kola Aluko and Jide Omokore, have revealed the third man in the... Read more
5d
AllAfrica.com
TSA - ‎Court Orders Seven Banks to Remit $793 Million to Govtof the Lagos Division of the Federal High Court on Thursday ordered the momenta
AllAfrica.com / Posted 5 days ago
of the Lagos Division of the Federal High Court on Thursday ordered the momentary remittance of $793,200,000 by seven Nigerian commercial banks to the federal government. The money was allegedly hidden with the banks in violation of the... Read more
2 related articles
5d
AllAfrica.com
Okunbo - I Can't Be Blackmailed Over Alleged Oil Swap Dealthe oil sector over the controversial offshore processing agreements (OPAs) - o
AllAfrica.com / Posted 5 days ago
the oil sector over the controversial offshore processing agreements (OPAs) - oil swap - involving the former Minister of Petroleum, Mrs. Diezani Allison-Madueke, and others. The owner of the offshore asset protection company rendering services... Read more
5d
AllAfrica.com
Nigeria to End Fuel Importation in 2019Will cease to be oil producing nation soon Daily fuel consumption drops by 22 m
AllAfrica.com / Posted 5 days ago
Will cease to be oil producing nation soon Daily fuel consumption drops by 22 million litres All things being equal, Nigeria will cease to import petroleum products and totally depend on its own refined products from 2019, the Minister of State for... Read more
2 related articles
6d
AllAfrica.com
Third Man Named in Diezani's Alleged $1.7 Billion U.S. Corruption CaseMinister of Petroleum Diezani Allison-Madueke. Court documents filed in Housto
AllAfrica.com / Posted 6 days ago
Minister of Petroleum Diezani Allison-Madueke. Court documents filed in Houston by the US Justice Department in the assets forfeiture proceedings filed against former peyroleum minister, Diezani Alison-Madueke, and her business cronies, Kola Aluko... Read more
6d
AllAfrica.com
Court Orders Forfeiture of Alison-Madueke's $37.5m Property, N86bnFormer Minister of Petroleum Diezani Allison-Madueke. Justice Chuka Obiozor of
AllAfrica.com / Posted 6 days ago
Former Minister of Petroleum Diezani Allison-Madueke. Justice Chuka Obiozor of the Federal High Court in Lagos yesterday ordered the temporary forfeiture of a property located at Banana Island, Lagos bought for $37.5million in 2013 by a former... Read more
2 related articles
7d
iafrica.com
Oil in the Boko Haram heartlandNigeria is reviving its search for oil in the country's conflict-riven northeas
iafrica.com / Posted 7 days ago
Nigeria is reviving its search for oil in the country's conflict-riven northeast, aided by China and emboldened by gains made against Boko Haram. President Muhammadu Buhari's government is exploring inland basins ranging from central Benue state to... Read more
8d
AllAfrica.com
Why Multinationals Are Wary of Partnering With State Oil FirmMany oil and gas companies operating in Nigeria shunned partnership deals with
AllAfrica.com / Posted 8 days ago
Many oil and gas companies operating in Nigeria shunned partnership deals with the research unit of the Nigerian National Petroleum Corporation, NNPC, due to negative perception about its work ethics, an official has said. The Group General Manager,... Read more
8d
AllAfrica.com
Court Adjourns FG's Suit Against Omokore, Aluko Over $1.7bn Debt to Sept 29Kolawole Aluko, seeking an order to recover the sum of $1,762,338,184.40 billio
AllAfrica.com / Posted 8 days ago
Kolawole Aluko, seeking an order to recover the sum of $1,762,338,184.40 billion from both men. The federal government, Nigerian Petroleum Development Company Limited (NPDC) and Nigeria National Petroleum Corporation (NNPC) had dragged the two... Read more
8d
AllAfrica.com
Will New National Gas Policy Outlive Buhari's Administration?The federal government will soon gazette the National Gas Policy approved by th
AllAfrica.com / Posted 8 days ago
The federal government will soon gazette the National Gas Policy approved by the Federal Executive Council last month. Ejiofor Alike expresses doubt that the new gas policy will outlast the administration, given that it failed to implement the Gas... Read more
9d
AllAfrica.com
Consumer Goods Firms Beat Recession, Revenue Up By N160 BillionLagos — Manufacturing companies listed in the Nigerian Stock Exchange's top 30
AllAfrica.com / Posted 9 days ago
Lagos — Manufacturing companies listed in the Nigerian Stock Exchange's top 30 index gained over N160 billion in revenue in the 2016 full year financial statements despite foreign exchange devaluations and the difficult micro-economic environment... Read more
9d
AllAfrica.com
How Aluko, Omokore Laundered $1.76 Billion Stolen From NNPCCourt papers in Lagos Nigeria have detailed how oil businessmen, Kolawole Akann
AllAfrica.com / Posted 9 days ago
Court papers in Lagos Nigeria have detailed how oil businessmen, Kolawole Akanni Aluko and Jide Omokore laundered the $1.7 billion creamed off the questionable oil swap transactions between them and the NNPC, during the tenure of Diezani... Read more
9d
AllAfrica.com
Defiant Former Minister Alison-Madueke Ready to Go to Jail?By Ejiofor Alike With Agency Report Former Petroleum Minister, Diezani Alison-
AllAfrica.com / Posted 9 days ago
By Ejiofor Alike With Agency Report Former Petroleum Minister, Diezani Alison-Madueke, who is being investigated for a series of multi-billion dollar fraud and money laundering offences in Nigeria, the United Kingdom and the United States of America... Read more
9d
Zero Hedge
Feds Say Condo Involved In NYC's Largest Foreclosure Tied To Nigerian Corruption Caseand the crooked businessmen who bribe them. China cracked down on wealthy citiz
Zero Hedge / Posted 9 days ago
and the crooked businessmen who bribe them. China cracked down on wealthy citizens seeking to stash their wealth in international real estate by adding several deterrents to its capital controls earlier this year (Among them, Chinese investors... Read more
3 related articles
10d
AllAfrica.com
Inside U.S. Court Papers Indicting Alison-Madueke, Omokore, Aluko - Full DetailsFormer Petroleum Miniister, Diezani Allison-Madueke (file photo). United State
AllAfrica.com / Posted 10 days ago
Former Petroleum Miniister, Diezani Allison-Madueke (file photo). United States prosecutors have provided details of how Nigeria's former minister of petroleum, Diezani Alison-Madueke, and her two business cronies, Jide Omokore, and Kola Aluko,... Read more
10d
New York Post
Feds want to seize Nigerian playboy’s yacht, penthouseLooks like the party’s over for Kola Aluko. Nigerian playboy Aluko — who has c
New York Post / Posted 10 days ago
Looks like the party’s over for Kola Aluko. Nigerian playboy Aluko — who has courted Naomi Campbell and celebrated a birthday with Leonardo DiCaprio — is targeted in a federal lawsuit aiming to seize his $80 million yacht and his $50.9 million One57... Read more
3 related articles
10d
Reuters
U.S. seeks to recover $144 million in Nigeria oil industry bribery casemillion yacht that it said were bought using money generated from a scheme to p
Reuters / Posted 10 days ago
million yacht that it said were bought using money generated from a scheme to pay millions of dollars in bribes to a former Nigerian oil minister. The civil lawsuit, filed in federal court in Houston, alleged that two Nigerian businessmen conspired... Read more
3 related articles
11d
AllAfrica.com
Department of Justice Seeks to Recover Over $100 Million Obtained From Corruption in the Nigerian Oil IndustryDon Fort of the IRS Criminal Investigation (IRS-CI) made the announcement. Acc
AllAfrica.com / Posted 11 days ago
Don Fort of the IRS Criminal Investigation (IRS-CI) made the announcement. According to the complaint, from 2011 to 2015, Nigerian businessmen Kolawole Akanni Aluko and Olajide Omokore conspired with others to pay bribes to Nigeria’s former... Read more
11d
Salon.com
Here are 10 of the world’s dirtiest oil and coal pollutershas tripled to almost 4 billion tons since 2000, contributing to around half of
Salon.com / Posted 11 days ago
has tripled to almost 4 billion tons since 2000, contributing to around half of all global emissions. 2. Saudi Arabian Oil Company (Aramco): 4.5 percent Saudi Arabia’s state-owned Aramco has the world’s largest crude oil reserves and the highest... Read more
12d
Zero Hedge
The Technical Failure That Could Clear The Oil Glut In A Matter Of Weekswith Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO A
Zero Hedge / Posted 12 days ago
with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil supplies is “increasingly worrying”, due to a loss of $1... Read more
12d
AllAfrica.com
Transcorp Hilton Abuja celebrates 30 year AnniversaryTranscorp Hilton Abuja hotel in Nigeria is celebrating its 30th anniversary thi
AllAfrica.com / Posted 12 days ago
Transcorp Hilton Abuja hotel in Nigeria is celebrating its 30th anniversary this year, having officially opened its door to its first guest on the 21st of April, 1987. Abuja — The award winning Transcorp Hilton Abuja hotel in Nigeria is celebrating... Read more
13d
AllAfrica.com
Expanding Russia-Nigeria Trade PartnershipIt goes without saying that Russia is an economic powerhouse and a good strateg
AllAfrica.com / Posted 13 days ago
It goes without saying that Russia is an economic powerhouse and a good strategic trading partner, which Nigeria should not hesitate to forge robust partnership with, as the opportunity has come knocking on its door. Pundits have already started... Read more
13d
AllAfrica.com
Renewable Energy and Nigeria's Place in the Scheme of ThingsNigeria through its minister of power, works and housing, Babatunde Fashola, on
AllAfrica.com / Posted 13 days ago
Nigeria through its minister of power, works and housing, Babatunde Fashola, on Monday announced the commencement of the first solar power project in Nigeria, the 1.2megawatts solar power plant in the lower Usuma Dam, Bwari, Abuja. The pronouncement... Read more
14d
AllAfrica.com
Abuja Residents to Enjoy Improved Power Supply As DISCO Commissions Transmission Stationsin the Federal Capital Territory, FCT, may soon enjoy improved power supply, as
AllAfrica.com / Posted 14 days ago
in the Federal Capital Territory, FCT, may soon enjoy improved power supply, as the Abuja Electricity Distribution Company, AEDC, commissioned two new transmission stations in Abuja on Monday. The two stations are 60 MVA/132/33KVA... Read more
19d
AllAfrica.com
Reps Seek Review, Expansion of Laws to Manage Pollution in Niger DeltaHouse by the Chairman, House Committee on Environment and Habitat, Obinna Chido
AllAfrica.com / Posted 19 days ago
House by the Chairman, House Committee on Environment and Habitat, Obinna Chidoka. The lawmakers proposed to replace the National Oil Spill Detection and Response Agency (NOSDRA) with the National Oil Pollution Management Agency (NOPMA).According... Read more
19d
AllAfrica.com
Govt to Save $1.5 Billion Annually On Nigerian Gas Projectwould be saving about $1.5 billion annually if the Natural Gas Vehicles project
AllAfrica.com / Posted 19 days ago
would be saving about $1.5 billion annually if the Natural Gas Vehicles project, an initiative that was first introduced by Nigerian Gas Company, NGC, in 1989 is sustained The Project reportedly achieved a modest success with the only downside... Read more
19d
AllAfrica.com
Court Orders FG to Name Officials Who Have Returned Looted FundsOgunmade and James Emejo A Federal High Court in Lagos has ordered the federal
AllAfrica.com / Posted 19 days ago
Ogunmade and James Emejo A Federal High Court in Lagos has ordered the federal government to immediately release to Nigerians information on the names of high ranking public officials from whom public funds have been recovered and the... Read more
5 related articles
21d
AllAfrica.com
NNPC Boss Lists Achievements, Says Oil Production Cost Cut By $5The Nigerian National Petroleum Corporation, NNPC, says the cost of producing c
AllAfrica.com / Posted 21 days ago
The Nigerian National Petroleum Corporation, NNPC, says the cost of producing crude oil in Nigeria was reduced by $5 dollars within the last one year. The Group Managing Director, Maikanti Baru, said on Tuesday in a podcast to the corporation's... Read more
22d
The Star
Nigerian state oil firm says saved US$2b with cheaper contractsNigerian National Petroleum Corporation (NNPC) is attempting to revive the oil
The Star / Posted 22 days ago
Nigerian National Petroleum Corporation (NNPC) is attempting to revive the oil industry ABUJA: Nigeria's state oil company has saved $2 billion in the past year by renegotiating its upstream servicing contracts, it said in a statement on Tuesday, as... Read more
22d
AllAfrica.com
NNPC, International Firms Lift N11 Trillion Oil in 12 MonthsLagos — The Nigerian National Petroleum Corporation (NNPC) and International Oi
AllAfrica.com / Posted 22 days ago
Lagos — The Nigerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs) operating in the country including independent oil companies lifted crude oil and condensate worth over $36.023 billion between March 2016 and March... Read more
136 related articles
23d
AllAfrica.com
Oil and Gas Workers' Union, Pengassan, Gets New OfficersOil workers, under the aegis of the Petroleum and Natural Gas Senior Staff Asso
AllAfrica.com / Posted 23 days ago
Oil workers, under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, on Saturday re-elected Francis Johnson as its national president. Mr. Johnson, a senior staff of the Nigerian National Petroleum... Read more
26d
AllAfrica.com
Nigeria Inches Closer to 40 Billion Barrels Oil Reserve TargetThe Nigerian National Petroleum Corporation, NNPC, says plans to grow the natio
AllAfrica.com / Posted 26 days ago
The Nigerian National Petroleum Corporation, NNPC, says plans to grow the nation's crude oil reserves to 40 billion barrels by the year 2020 have received a major boost. The Group Managing Director of the NNPC, Maikanti Baru, said this in Abuja on... Read more
2 related articles
26d
AllAfrica.com
Nigeria Near 40-Billion-Barrel Oil Reserves TargetBy Bayo Amodu and Festus Okoromadu The plan by the Nigerian National Petroleum
AllAfrica.com / Posted 26 days ago
By Bayo Amodu and Festus Okoromadu The plan by the Nigerian National Petroleum Corporation (NNPC) to grow the nation's crude oil reserves to 40 billion barrels by the year 2020 received a major boost yesterday with the execution of a tripartite... Read more
2 related articles
26d
AllAfrica.com
Nigeria Inches Closer to 40 Bn Barrels Oil Reserve As NNPC Secures $700m FundingThe plan by the Nigerian National Petroleum Corporation (NNPC) to grow the nati
AllAfrica.com / Posted 26 days ago
The plan by the Nigerian National Petroleum Corporation (NNPC) to grow the nation's crude oil reserves to 40 billion barrels by the year 2020 received a major boost on on Thursday with the execution of a tripartite agreement in Abuja. The agreement... Read more
2 related articles
27d
AllAfrica.com
NUPENG Threatens Nationwide Strike Over Backlog of SalariesPort Harcourt — Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yes
AllAfrica.com / Posted 27 days ago
Port Harcourt — Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, yesterday, said it was disturbed over unresolved payment of backlog of salaries and entitlements of workers in Tecon Oil Services and Seawolf Drilling Services in Port... Read more
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