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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.

Nigeria: Aiteo, Taleveras, Barbedos, Others Win U.S.$40 Billion Oil Lifting Contracts

This Day, 23 April 2014

The Nigerian National Petroleum Corporation (NNPC) has awarded yearly crude oil lifting term contracts for 2014/2015 of about $40 billion to mostly Nigerian companies comprising… Read more »

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Oil refinery.

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 »
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

Nigeria's Crude Oil Reserves Decline

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 »
- Nigeria: Oil Reserve Drops to 35 Billion Barrels
- Nigeria: Crude Oil Reserve Drops to 35 Billion Barrels

Nigeria: Nigerian Firms Win Big in U.S.$40 Billion Oil Contract Awards

This Day, 22 April 2014

The Nigerian National Petroleum Corporation (NNPC) has awarded yearly crude oil lifting contracts worth about $40 billion to mostly Nigerian companies, and by so doing, downsizing… Read more »
Nigeria: FG Awards N6.4 Trillin Oil Contracts to 28 Firms

Vanguard, 24 April 2014

The Federal Government has increased its local content drive by awarding most of its long-term oil contracts worth an estimated $40 billion, about N6.4 trillion a year, to 28… Read more »
Nigeria: NEITI - Nigeria Loses U.S.$8 Billion Through Crude Oil Swaps

This Day, 26 February 2014

Nigeria may be losing an estimated $8 billion annually through the crude oil-for-refined products exchange arrangement, better known as crude oil swaps, which the Nigerian National… Read more »

InFocus

Nigerian Monarch Calls For Resource Control

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 »
- Nigeria: Non-Oil States Back Proposal On 100 Percent Resource Control - Lamido
- Nigeria: Lamido Wants 100 Percent Resource Control

InFocus

Local Firms to Benefit from Nigerian Oil Deals

InFocus

Nigeria's Crude Oil Reserves Decline

InFocus

Nigerian Monarch Calls For Resource Control

InFocus

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