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….
FG constitutes panel to end fuel importation
Sopuruchi Onwuka Federal government is taking definite steps to finally restore domestic sourcing of petroleum products into the country, constituting a board that would henceforth drive development of new refineries that would form the nation’s primary source of supply. Nigerian…
NNPC engages contractors in 50MW Maiduguri EPP
A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno State, was taken Tuesday with the execution of the Engineering, Procurement, and Construction (EPC)…
NNPC returns to old structure, scraps COO position
Sopuruchi Onwuka Nigerian National Petroleum Corporation (NNPC) has consolidated on its traditional administrative structure with the reinstallation of the designation of Group Executive Director for its divisional heads. Chief Operating Officer positions in the Corporation have now been redesignated as…
NNPC Records ₦43.57bn Trading Surplus in April
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing 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…
NNPC to roll out new policy on asset divestments
Sopuruchi Onwuka Federal government will no longer allow its divesting partners to unilaterally select their successors or determine roles in the operations of production agreements for the new investors. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam…
