Daily Archives: February 7, 2018

NNPC Mulls PPP Arrangements for Construction of Oil, Gas Pipelines

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the new Board of one of its downstream subsidiary companies, the Nigerian Pipeline Storage Company (NPSC), to partner with the private sector to build more pipelines parallel to the corporation’s existing ones.   Dr. Baru who gave this […]

Nigeria: Shell Ramps Up Oil Production in Bonga Field After Shutdown

  Shell Nigeria Exploration and Production Company (SNEPCo) has stated that crude oil production in Bonga deepwater oilfield is “being ramped up gradually” after brief shutdown.   This is coming as Miss Kechi Okwuchi, a survivor of the 2005 Sosoliso plane crash that claimed many lives visited Shell Petroleum Development Company of Nigeria Limited (SPDC) […]

PWYP Faults NNPC’s Continued Retention of $16.8bn NLNG Dividend

  The Publish What You Pay (PWYP) Nigeria, has faulted the Nigerian National Petroleum Corporation (NNPC) for its continued withholding of dividends, amounting to $16.88 billion, paid by the Nigeria Liquefied Natural Gas Limited (NLNG) to it for the Federation Account.   The monies, which have reportedly not been remitted to the Federation Account is […]