…As Kyari Assures Gas Supply Will Revamp Industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply in the state. Speaking at the MoU Execution Ceremony which held
NNPC, KDSG, Sign MoU on Gas Utilisation, Expansion Read More »
…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 some burning Oil Industry issues at an interactive session on the 2022-2024 Medium Term Expenditure
House of Reps to Kyari: “GMD You Have Made Our Day” Read More »
By Eyo Nsima The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has said the apex oil company will serve as a holding company for all its subsidiaries in the post Petroleum Industry Act, PIA era. Speaking in Abuja, Nigeria, he said: “So, these shareholders can decide, as the law provides that over
PIA: NNPC Limited to serve as holding company for all subsidiaries — GMD Read More »
.Nigerians should plan to buy shares in future By Eyo Nsima The Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, Tuesday, said with the Petroleum Industry Act, PIA, the apex oil company, has become a commercial entity, under the Company and Allied Matters Act, CAMA. He said the company has started operating
BREAKING: NNPC cutting costs, works towards declaring profit Read More »
.PIA will restore confidence, boost investment By Eyo Nsima The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that because of the delay in the passage of the nation’s Petroleum Industry Bill, PIB, into law, only $3 billion worth of investments were attracted into the petroleum industry in the past 10
BREAKING: Less than $3bn foreign investment entered Nigeria’s in 10 years — NNPC Read More »
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 of petroleum products importation. Mallam Kyari gave the charge Thursday while inaugurating the Board of
Kyari tasks NNPC Greenfield Refinery Ltd Board on fuel importation Read More »
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) and Equipment Procurement contracts for a 50Megawatts (MW) Emergency Power Project in Maiduguri. The project
NNPC, CMEC, GE Sign Contract for 50MW Maiduguri Emergency Power Project Read More »
By Eyo Nsima The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas (NLNG) Limited towards achieving its goal of becoming a global LNG company of choice. Speaking as a Guest of Honour at the 2021 NLNG Health Safety
NNPC Commits to Supporting NLNG Read More »
In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced the promotion and redeployment of some staff to fill key vacant positions. In a statement released by the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru
NNPC promotes, redeploys senior management Read More »
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 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release
NNPC Records ₦43.57bn Trading Surplus in April Read More »