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 […]
NNPC rallies industry stakeholders for Upstream Cost Optimization Read More »
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
FG targets 35,000 jobs as NCDMB, NNPC stake $670m in Brass Methanol Plant Read More »
NNPC records 92% increase in Sales of Petroleum Products in October …Increases Gas Supply to Power Plants by 8.60% The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020
NNPC records 92% increase in Sales of Petroleum Products in October Read More »
NNPC wins New Telegraph’s Award for Transparency The efforts of the Mallam Mele Kyari-led Management of the Nigerian National Petroleum Corporation (NNPC) to entrench the culture of transparency in the system have begun to receive recognition with the Corporation named as the “Government Agency of the Year 2020 (Transparency)” by the New Telegraph Newspaper.
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NNPC records $120.49m Crude Oil Receipt in September The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020. A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated
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NNPC harvests bids from 96 firms for downstream rehabilitation contract Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure
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Celebrating the GMD, NNPC, Mallam Mele Kyari at 56 Despite the negative impact of Coronavirus pandemic, which has culminated in low oil prices and dwindling fortunes of stakeholders in Nigeria, and globally, the state-owned Nigerian National Petroleum Corporation, NNPC, is doing well by every standard because of good leadership. Specifically, Mallam Mele Kyari, the 19th
Celebrating the GMD, NNPC, Mallam Mele Kyari at 56 Read More »
