NNPC spent $3.4bn oil earnings on JV cash calls in one year

10 August 2016, Lagos –  The monthly financial and production report of the Nigerian National Petroleum Corporation (NNPC) for June 2016 has disclosed that the corporation transferred a total of $3.41 billion it earned as proceeds from the export of oil and gas for one year to fund its joint venture operations. According to the […] More »