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Get all Breaking News, top stories on the General Mangaing Director of the Nigerian National Petroleum Commision, Mele Kyari.

DPR Set to Launch Automated Downstream Remote Monitoring Systems

DPR to enable NNPC deliver value to Nigeria – Auwalu

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The  Director /Chief Executive Officer, Department of Petroleum Resources  (DPR) Mr  Sarki  Auwalu says the department, as a business enabler, would support the Nigerian...
Mele Kyari Mourns Pioneer NNPC MD, Festus Marinho

Mele Kyari Mourns Pioneer NNPC MD, Festus Marinho

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The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari has has mourned the death of the pioneer Managing Director of the...
FG Takes Cooking Gas Expansion Programme to Rural Dwellers – Kyari

FG Takes Cooking Gas Expansion Programme to Rural Dwellers – Kyari

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The Federal Government has set up plans to expand access to Liquefied Petroleum Gas (LPG), also known as cooking gas to rural dwellers, the...
NNPC Diversifying Portfolio Beyond Oil Assets – KyariNPC Will Partner Media for Information Sharing on PIB -Kyari

NNPC Diversifying Portfolio Beyond Oil Assets – Kyari

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The Nigerian National Petroleum Corporation (NNPC) says it is currently diversifying its portfolio beyond oil assets due to the impact of global energy transition. Mele Kyari, Group...

Applicants Petition Buhari Over NNPC recruitment delay

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About 400 participants that applied in the Nigerian National Petroleum Corporation (NNPC) Experienced Hire recruitment exercise in 2019 have petitioned President Muhammadu Buhari, to...
Nigeria Moving Closer to Full Utilisation of Gas Potential – Buhari

Nigeria Moving Closer to Full Utilisation of Gas Potential – Buhari

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President Muhammadu Buhari on Tuesday said that Nigeria has moved a step closer to the nation’s dream of full utilization of its abundant gas...
Petrol Tops Nigeria’s White Products Sales, Generates N1.9trn in 13 Months

NNPC Considers Third Party Financing Option for Oil Projects

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The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. The Group Managing...
The Nigerian National Petroleum Corporation, NNPC, has launched a tender process for fuel supplies in the country. It stated that this falls under the NNPC’s direct sale-direct purchase (DSDP) mechanism. Under this system, NNPC will provide monthly crude oil free on board (FOB) cargoes to suppliers, who shall provide petroleum products in return. In the process, companies must register interest by December 22 at 12 noon for the 2020-21 DSDP process. Documents should be submitted by January 21 and NNPC will open these bids online. The products will be on a delivered at place (DAP) basis, to designated ports in Nigeria. The fuel shall be equivalent in value to the crude oil received from NNPC. Under the ongoing process, three different types of company can participate, and they are Foreign refinery owners capable of processing Nigerian crudes, with a Nigerian affiliate or subsidiary. Also, Globally established traders, with Nigerian affiliates or subsidiaries and indigenous companies working in the downstream with trading expertise are qualified to bid. The DSDP contract will run for 12 months, starting at a yet to be revealed time. Bidders must demonstrate they meet various standards, such as audited accounts and minimum turnover thresholds. They must also meet Nigerian content requirements. The NNPC began the DSDP process in 2016 and expects to continue this until 2023. The Corporation awarded the last round of DSDP contracts in August 2019 and was due to expire in September 2020. However, these 2019-20 DSDP awards were extended by six months. Around 130 companies submitted bids in 2019, with 15 winning bids accepted. These included BP, Vitol, Gunvor and Trafigura, in addition to some local companies such as Sahara Energy and MRS Oil and Gas. NNPC included its own Duke Oil unit in the list of 15.

Withdrawal of $21b from NLNG Account, Legal – NNPC

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        …Reps summon finance minister, othersThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said that the withdrawal...
Nigeria’s Oil Industry Needs More Privatization to Flourish

Nigeria’s Oil Industry Needs More Privatization to Flourish

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Nigeria National Petroleum Corporation (NNPC) operates as a state-owned company the government uses as the regulator and partial distributor of petroleum liquids in the...
Power Sector Challenge is Transmission, Not Gas Supply – Kyari

Power Sector Challenge is Transmission, Not Gas Supply – Kyari

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that the major challenge now facing the power...
NNPC Sells $120.49m Worth of Crude Oil, Gas in September

NNPC Cuts Losses in One Financial Year by N800bn – GMD

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The Group Managing Ddirector of the Nigerian National Petroleum Corporation (NNPC), Engr Mele Kyari, has said that the apex oil corporation is the only...
Reps Summon Kyari, Emefiele, Allege N3.2tn, Others Unremitted

Reps Summon Kyari, Emefiele, Allege N3.2tn, Others Unremitted

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The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central...
Less Than 40% of Nigeria’s Oil Pipelines Operational – NNPC

Less Than 40% of Nigeria’s Oil Pipelines Operational – NNPC

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Only about 38% of the over 5,120 kilometre pipeline owned by the Nigerian National Petroleum Corporation (NNPC) is functioning, the state oil corporation has...
NNPC Sells $120.49m Worth of Crude Oil, Gas in September

EITI Commends NNPC for Transparency, Accountability

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The Extractive Industries Transparency Initiatives (EITI), has commended the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari for deepening...
Reps Summon Kyari, Emefiele, Allege N3.2tn, Others Unremitted

Reps Commends NNPC Mgt for Great Strides in Gas Development

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Nigerian House of Representatives Committee on Gas Resources has applauded the Nigerian National Petroleum Corporation (NNPC) for its achievements in the areas of gas...
FG Takes Cooking Gas Expansion Programme to Rural Dwellers – Kyari

Global Investments in Energy Shifting Toward Renewable Energy Options, Kyari Says

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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said that global investments in energy is moving toward renewable, cleaner,...
The Nigerian National Petroleum Corporation, NNPC, has launched a tender process for fuel supplies in the country. It stated that this falls under the NNPC’s direct sale-direct purchase (DSDP) mechanism. Under this system, NNPC will provide monthly crude oil free on board (FOB) cargoes to suppliers, who shall provide petroleum products in return. In the process, companies must register interest by December 22 at 12 noon for the 2020-21 DSDP process. Documents should be submitted by January 21 and NNPC will open these bids online. The products will be on a delivered at place (DAP) basis, to designated ports in Nigeria. The fuel shall be equivalent in value to the crude oil received from NNPC. Under the ongoing process, three different types of company can participate, and they are Foreign refinery owners capable of processing Nigerian crudes, with a Nigerian affiliate or subsidiary. Also, Globally established traders, with Nigerian affiliates or subsidiaries and indigenous companies working in the downstream with trading expertise are qualified to bid. The DSDP contract will run for 12 months, starting at a yet to be revealed time. Bidders must demonstrate they meet various standards, such as audited accounts and minimum turnover thresholds. They must also meet Nigerian content requirements. The NNPC began the DSDP process in 2016 and expects to continue this until 2023. The Corporation awarded the last round of DSDP contracts in August 2019 and was due to expire in September 2020. However, these 2019-20 DSDP awards were extended by six months. Around 130 companies submitted bids in 2019, with 15 winning bids accepted. These included BP, Vitol, Gunvor and Trafigura, in addition to some local companies such as Sahara Energy and MRS Oil and Gas. NNPC included its own Duke Oil unit in the list of 15.

ANOH Gas Projects to Produce 600MSCFD Equivalent of 2.4GW Of Electricity...

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The Nigerian National Petroleum Corporation, NNPC, has revealed that the Asa North-Ohaji South, ANOH,  gas project is expected to produce 600million standard cubic feet...
NNPC Diversifying Portfolio Beyond Oil Assets – KyariNPC Will Partner Media for Information Sharing on PIB -Kyari

NNPC Will Partner Media for Information Sharing on PIB – Kyari

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari said that the corporation will partner with the media to...
NNPC Diversifying Portfolio Beyond Oil Assets – KyariNPC Will Partner Media for Information Sharing on PIB -Kyari

Kyari, Others Bag Special African Leadership Commendation Awards

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The African Leadership Magazine has conferred the African Leadership Commendation Award on the Group Managing Mirector of the Nigerian National Petroleum Corporation (NNPC), Mr...
NOGOF 2021: Kyari Lists Opportunities in Nigerian Oil & Gas, Power Sectors

Nigeria’s Unstable Fiscal Regime Scaring Energy Foreign Investors – Kyari

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has raised an alarm that international investors were losing confidence...