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NNPC begins to explore for oil in Plateau

Two Local Government Areas of Plateau State have oil and gas prospects capable of contributing to the economic growth of the country, the Nigerian National Petroleum Corporation (NNPC) says as it begins to explore the areas for oil.

Seplat transfers assets to subsidiary

The business assets of Seplat Petroleum Development Company Plc which include Oil Mining Leases 4, 38, and 41 have been successfully handed over to its subsidiary, Seplat West Limited, the company announced on Thursday.

NNPC explains measures to cut crude oil production cost

The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down the cost of crude oil production to $10 per barrel or below, the Corporation’s Chief Operating Officer (COO), Ventures, and Business Development, Mr. Roland Ewubare, has said in a press release.
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