NNPC pledges to work with stakeholders to ensure sanity in downstream sector
By Obas Esiedesa The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari has pledged to work stakeholders to maintain sanity in the downstream sector of the oil and gas industry. Kyari, according to a statement by the Corporation on Friday, made the pledge during a meeting with the Association of […]
NNPC justifies $1.5bn PH refinery rehabilitation cost
…says new refinery may cost $12bn By Obas Esiedesa The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has moved to justify the $1.5 billion contract cost for the rehabilitation of the Port Harcourt refinery, saying a new one may cost up to $12 billion to build. A statement by […]
NNPC reiterates commitment to integrating women in oil sector
By Ediri Ejoh The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to integrating more women into the oil and gas sector in a bid to bridge gender inequality. The Group Managing Director , NNPC, Mele Kyari made this known recently, at the international women in energy symposium co-hosted by Women in Energy Network (WIEN) […]
NNPC insists petrol depot price will not increase in March
The Nigerian National Petroleum Corporation has insisted that petrol depot price will remain unchanged in March. This is coming as a reaction to the Petroleum Products Pricing Regulatory Agency, PPPRA fixing the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March on Thursday. [ALSO […]
Refineries’ rehab, oil search, pipeline, others gulp N21bn — NAPIMS
By Udeme Akpan The National Petroleum Investment Management Services, NAPIMS, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, invested N21.47 billion to rehabilitate the nation’s refineries, the Nigeria-Morocco gas pipeline and oil search in the frontier basins, among others in January 2021. In its February 2020 presentation to the Federation Account Allocation Committee, FAAC, […]
Fiscal framework will enhance gas development — NNPC GMD
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of NNPC, Mallam Mele Kyari, made the call at a one-day public hearing on “Inclusion of Gas Terms in […]
