Local Firms to Benefit from Nigerian Oil Deals
The Nigerian National Petroleum Corporation has awarded yearly crude oil lifting contracts worth about U.S.$40 billion to local companies, downsizing contracts awarded to international oil traders.
Oil refinery.
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Nigeria:
Swiss Oil Deals - Group Asks NNPC to Produce Certified True Copies of Documents
Premium Times, 5 March 2014
The African Network for Environment and Economic Justice, ANEEJ, on Tuesday asked the Nigerian National Petroleum Corporation, NNPC, to produce certified true copies of the bid… Read more »
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Nigeria:
FG Delays Renewal of Oil Lifting Contracts
Daily Trust, 3 September 2013
The Federal Government has delayed, without giving notice, the renewal of crude oil lifting contracts for the 2013/2014 period which is supposed to have commenced August 1, 2013,… Read more »
InFocus
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The Department of Petroleum Resources has disclosed that the country's crude oil reserves have dropped from 40 billion to 35 billion barrels. Read more »
InFocus
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Controversial traditional ruler Lamido of Adamawa, Alhaji Muhammadu Barkindo, has called for oil producing states to be allowed to take 100 percent resources control and land ... Read more »