Nigeria to play a strategic role in New World Energy Order – Kyari …Says Transition Fuels Unavoidable As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role in the new global energy order. The Group Managing Director of NNPC, Mallam Mele Kyari, made […]
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NNPC to maintain Ex-Depot Price of PMS until the conclusion of engagement with labour The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with the organized labour and other stakeholders. Addressing newsmen in Abuja, the Group General
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NNPC Records 80.12% Increase in Trading Surplus in December Posts Petroleum Products Sale of ₦288.77billion The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at ₦24.19billion compared to the ₦13.43billion surplus recorded in November 2020. This is contained in the
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NNPC pledges support for fight against illicit drugs As a socially responsible entity, the Nigerian National Petroleum Corporation (NNPC) says it would do everything within its power to support the fight against drug trafficking in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari,made the commitment Friday in Abuja during the visit of the
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…Cautions against Hoarding, Panic Buying Contrary to speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March 2021. A press release by the Group General Manager, Group Public Affairs Division,
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NNPC applauds President Buhari’s Choice of New NEITI’s CEO The Nigeria National Petroleum Corporation (NNPC) has welcomed with delight the news of the appointment of Dr. Orji Ogbonnaya Orji as the Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI). A statement by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the Group Managing Director of
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The Nigerian National Petroleum Corporation (NNPC) has called on stakeholders in the oil and gas industry to join in working towards reducing operations cost to achieve the $10 or less per barrel production cost target. A press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the Group Managing
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The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of November 2020 up by 54% when compared to the ₦8.71billion surplus recorded in October 2020. This is contained in the November 2020 edition of the NNPC Monthly Financial and Operations Report (MFOR), according to a press release by
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Kyari Commends President Buhari’s Non-Interference in NNPC …Tasks Govts, Institutions on Technology, Innovation The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has commended President Muhammadu Buhari for giving the Corporation’s Management free-hand to deliver on its mandate, saying that he remains the only president that has never interfered in
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The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC), and DSV Engineering on Friday signed the Final Investment Decision (FID) for the construction of 10,000 tonnes/day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL), committing equity investment of US$670m. The facility would be the largest methanol
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