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‘Lagos pipeline blast will not affect fuel supply’
Sopuruchi Onwuka A pipeline explosion at Iyana Odo area of Lagos State which has led to the shutdown of the critical System 2B fuel supply trunk line of the Nigerian National Petroleum Company (NNPC) Limited will not lead to shortage…
NNPC earns N203bn fuel income in July
Gas production rises by 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum Company…
PIA: IOCs plan $60 bn FID on 6 deepwater projects
Sopuruchi Onwuka International oil companies that hold substantial reserves in the Nigerian deepwater basin will ink landmark final investment decisions (FIDs) on six offshore oil and gas developments by next year, ending over 12 years of activity lull in the…
Chevron, partners deliver 72 projects for the Itsekiri
Sopuruchi Onwuka The Itsekiri Oil and Gas Producing /Impacted Communities Development Committee (IPCDC), popularly known as IRDC, has completed and commissioned 72 projects worth over one billion Naira. The projects which were executed under the auspices of the Global Memorandum…
Commercial returns: Kyari wins Zik Leadership Award
Sopuruchi Onwuka The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has become the first administrator at the corporation to bag the prestigious Zik Leadership Award following his focus on steering the national oil company…
NNPC puts Maiduguri EPP on fast track
Sopuruchi Onwuka Nigerian National Petroleum Corporation (NNPC) has declared plans to expedite realization of its emergency power project (EPP) in Maiduguri as model for similar projects in the country. Group Managing Director, Mallam Mele Kyari, who performed the ground breaking…
Fuel smuggling: NNPC points at strong lucre pull
Sopuruchi Onwuka The strong pull to make huge and easy profit by selling subsidized Nigerian petrol across neighbouring African countries has made it very difficult to dissuade smugglers from the illegal trade. The Nigerian National Petroleum Corporation (NNPC) declared to…
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 some burning Oil Industry issues at an interactive session…
OML 11: Ogoni leaders, NPDC agree to wipe Shell’s footprints
Sopuruchi Onwuka The people of Ogoni land in Rivers State and the management of the Nigerian Petroleum Development Company (NPDC) have agreed to adopt a new operating model for oil and gas exploration and production in the area which hosts…
OML 11: Shell dares FG at Supreme Court
Sopuruchi Onwuka Shell Petroleum Development Company (SPDC) Nigeria Limited is pressing ahead with contest over operating right on the Oil Mining Lease (OML) 11 onshore Niger Delta, brushing aside advice by the Nigerian National Petroleum Corporation (NNPC) to cease fighting….
