House of Reps to Kyari: “GMD You Have Made Our Day”
…As Kyari Clarifies Revenue Projection for 2022-2024 Revenue Framework The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday received accolades from the House of Representatives Committee on Finance for providing detailed explanations on…
Assented PIB Shortchanged Cross River, Gov Ayade
The Petroleum Industry Bill (PIB) recently signed into law by President Muhammadu Buhari seeks to perpetuate injustices that Cross River State has suffered over the years, so says Governor Ben Ayade. Ayade said the law failed to address the concerns…
Kyari Tasks NNPC Greenfield Refinery Ltd Board on Fuel Importation
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the NNPC Greenfield Refinery Limited (NGRL), to explore all available options to bring an end to the current challenge…
President Buhari Signs Petroleum Industry Bill Into Law
President Muhammadu Buhari has signed the long awaited Petroleum Industry Bill (PIB) 2021 into law. This is according to a statement signed by presidential spokesperson Femi Adesina. According to the statement, President Buhari signed the bill into law while in…
NNPC COO Sacked, Senior Management Staff Redeployed in Shakeup
The Management of the Nigerian National Petroleum Corporation (NNPC), in a bid to strengthen and reposition towards attaining global excellence and profitability, has announced the promotion and redeployment of some staff to fill key vacant positions. In a statement released…
NNPC Records ₦43.57bn Trading Surplus in April
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus a 23.64% increase over the ₦35.24bn surplus it recorded in the previous month of March 2021. This is contained in the April 2021 edition of the NNPC Monthly Financial…
Okowa Makes Case for Proper Monitoring of Nigeria’s Crude Oil Production
Delta State Governor, Senator (Dr) Ifeanyi Okowa, has called for proper monitoring of Nigeria’s crude oil production to ascertain volume and ensure transparency and accountability in the oil and gas sector. Okowa made the call while opening a two-day Retreat…
Kyari Assures AKK Gas Pipeline Project Will Create Prosperity
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered on schedule, create prosperity through massive job opportunities and guarantee peace for…
NNPC Commits to Ensuring Energy Sufficiency, Wealth Creation for Nigerians
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this…
Delta’s Economy Grows By 51% in 6 Years As Non-oil Sector Boosts GDP
The size of Delta State‘s economy has risen by 51 percent in four years with the Gross Domestic Product (GDP) hitting N4.471 trillion in 2019, from N2.961 trillion in 2015, with crude oil and gas playing lesser role in driving…
#BuildtheNation: Regional Leaders Gather at South Sudan Oil & Power 2021
Celebrating a decade of independence and taking place against a backdrop of sustained peace and resilience, South Sudan welcomes guests to South Sudan Oil & Power (SSOP) 2021; SSOP 2021 will take place at the Crown Hotel in Juba on…