trumps venezuela oil deal

Trump’s Venezuela Oil Deal: What US Control of 65 Billion Barrels Could Mean

US President Donald Trump has announced what he called the “biggest oil deal in world history”, saying the US Venezuela oil deal gives American interests majority control of more than 65 billion barrels of Venezuela’s proven oil reserves. The announcement could reshape the relationship between Washington and Caracas while giving US companies a major role…

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nnpc contract reforms

NNPC Saves $3.4bn Through Contract Reforms, Remits ₦19.5tn to Federation

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has saved $3.4 billion through an aggressive contract restructuring and optimisation programme, while remitting ₦19.5 trillion to the Federation Account over the past 14 months. Group Chief Executive Officer, Bayo Ojulari, disclosed the figures during the opening of the 25th Nigeria Oil & Gas (NOG)…

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