Petrol Price: Nigeria engaging on appropriate pricing – Mele Kyari
June 29, 2021 The Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday suggested that the inability to find an appropriate price for petrol has forced the…
Decision to borrowing to acquire 20% equity in DOR driven by the profit potential of refinery business – NNPC
June 29, 2021 The Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari on Tuesday explained why the national oil company is borrowing to purchase a stake in Dangote…
FG signs Brass Petroleum Products Terminal agreement to tackle illegal refining, approves building of Oloibiri Museum
June 11, 2021 The Federal Government has signed shareholders agreement for the construction of Brass Petroleum Products Terminal Ltd (BPPT) to curb illegal refining and stabilise products price in the…
OML 118 : NNPC, SNEPCo, others sign 20-year deep water agreement
This is the first deep-water block that was developed in Nigeria and it is also the first one that we are resolving all the disputes that will lay the foundation…
NCDMB targets completion of 8 oil and gas projects in 2 years
May 25, 2021 The Nigerian Content Development and Monitoring Board (NCDMB), says it plans to complete eight oil and gas projects within the next two years. Mr Simbi Wabote, the…
US Report, NNPC and Mele Kyari’s moral medal
April 11, 2021 KEN UGBECHIE The United States 2020 Country Report on Human Rights Practices in Nigeria has been trending. And one man who should be happy with the report…
NNPC to establish gas power plant in Borno, says GMD
The Nigerian National Petroleum Corporation (NNPC), in collaboration with other stakeholders, is to establish a gas power plant in Maiduguri to address the problem of power supply in Borno. The…
NNPC can no longer bear the monumental cost of N120bn Monthly Petrol subsidy –Â GMDÂ
The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), also known as petrol. NNPC Group General Manager (GMD), Mele Kyari,…
We’ve reduced gas flaring to a very minimal level of 8% — minister
The Minister of State for Petroleum Resources, Mr Timipre Sylva says Nigeria is on course to end gas flaring by 2025. Sylva made this known on Monday at a Public…
PIB: We need find, agree on cheaper means of producing oil – Osinbajo oil and gas stakeholdersÂ
Stakeholders in the oil industry need to find and agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the needs and purposes of…