The Director /Chief Executive Officer, Department of Petroleum Resources (DPR) Mr Sarki Auwalu says the department, as a business enabler, would support the Nigerian National Petroleum Corporation (NNPC) to deliver…
An oil and gas expert, Mr Wilson Opuwei, says the recent declaration of profit after tax of N287 billion for the year 2020 by the Nigerian National Petroleum Corporation (NNPC) will boost investor confidence in the oil and gas sector.
…
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 Corporation, Festus Remi Ayodele Marinho.
In a statement on Tuesday, the…
The Federal Government has set up plans to expand access to Liquefied Petroleum Gas (LPG), also known as cooking gas to rural dwellers, the Group Managing Director, Nigerian National Petroleum Corporation, Mr Mele Kyari has said.
Kyari…
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL has refute media reports suggesting that an oil leakage came from its Funiwa field in Bayelsa State.
The…
The Shell Nigeria Gas, SNG, has signed a 20-year agreement for the domestic distribution of gas to industrial customers and manufacturing plants in Lagos and Ogun States.
In the new deal with the Nigerian Gas Marketing Corporation,…
The Nigerian National Petroleum Corporation (NNPC), on Wednesday, said it will continue to abide by the output cut agreement of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies aimed at stabilising the global oil…
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 Managing Director, NNPC made this known on Wednesday…
About 400 participants that applied in the Nigerian National Petroleum Corporation (NNPC) Experienced Hire recruitment exercise in 2019 have petitioned President Muhammadu Buhari, to prevail on the Group Managing Director of the NNPC,…
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 Director of NNPC, Mele Kyari made this known while playing host to…
Shell Petroleum Development Company (SPDC), on Monday disclosed that gas produced from its facility and sold domestically is now paid for in Naira, as against what obtained in the past, where gas buyers paid in dollars.
The Managing…
Industrial customers and other entities receiving gas through the pipeline that was ruptured in Magboro, Ogun State, on Wednesday have seen supply cut off following the isolation of the affected section of the line.
One of our…
The amount spent on the importation of petroleum products into Nigeria rose to N700.46bn in the third quarter of this year, moving closer to the pre-COVID-19 level, the latest data from the National Bureau of Statistics have shown.
The…
An investigation has pointed to a suspicion that some Shell employees suspected to have hand in oil spillage in Nigeria would be beneficiaries from clean-up operation it begets.
Reuters yesterday quoted a Dutch investigative TV…
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…
The petroleum product marketers are gearing for a showdown with the federal government following the decision to reduce the pump price of petrol by N5 per litre, saying the realities of the moment does not support the reduction.
In an…
The Nigerian Government deregulated the downstream petroleum sector with effect from March 19, 2020. The key argument was that the fuel subsidy regime which gulps billions of Naira annually, had become unrealistic and unsustainable. One or…
The Federal Government has announced a reduction in the pump price of premium motor spirit, also known as petrol, from N168 to N162.44 per litre with effect from December 14.
The Minister of Labour and Employment, Dr Chris Ngige,…
…Reps summon finance minister, othersThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, has said that the withdrawal of over $21billion from the…
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 country.
Its inception in 1977 gives hope for average Nigerians who…
