NNPC
Mr Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Company Ltd. (NNPCL), has called on African countries to take advantage of the implementation of the African Continental Free Trade Agreement (AfCFTA). Kyari said this would help to diversify their energy sources into a sustainable and low-carbon energy...
Vice President Yemi Osinbajo says Nigeria, as a nation, needs to consider investments in Green Hydrogen in view of energy transition. Osinbajo made the call while unveiling a book titled “Understanding Natural Gas: A Nigerian Perspective” on Thursday in Abuja. The Vice President urged the Nigeria National Petroleum Company...
By JOY ADARA, Abuja – The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC) and Mr Mele Kyari, the Group Managing Director of Nigeria National Petroleum Company Limited (NNPCL) are among Nigerians to be honoured with merit awards on Thursday, in Lagos. The event is the public...
By EMMANUEL KUJE, Abuja – With the scarcity of new Naira notes and fuel unabated in many parts of the country, All Progressives Congress Presidential Candidate, Asiwaju Bola Ahmed Tinubu has once again appealed to Nigerians to remain calm as the government and relevant agencies continue to work out...
The Nigerian National Petroleum Company Limited (NNPCL) has assured of adequate fuel supply for successful conduct of the 2023 general election. Mele Kyari, Group Chief Executive Officer, NNPC Limited, said this when he received management team of Independent National Electoral Commission (INEC) led by its Chairman, Prof. Mahmood Yakubu...
President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to disruptions in the supply and distribution of petroleum products. The Steering Committee, which will be chaired by Buhari, has the Minister of State for Petroleum...
Many Motorists in the Federal Capital Territory (FCT), have frowned at the current fuel scarcity being experienced in the territory and environs. Speaking with the News Agency of Nigeria (NAN) on Thursday in Abuja, the motorists expressed displeasure over the reoccurrence of long queues at most fuelling stations. They...
The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil mining licence (OML) 11 asset. This followed the adoption of a motion of urgent national importance by Rep Victor Mela (APC-Gombe) at plenary in Abuja on Wednesday. Moving the...
The Department of State Devices (DSS), at a meeting with oil marketers and other stakeholders have resolved to address the challenges of fuel scarcity and lingering queues at filling stations within 48 hours. The Public Relations Officer of DSS, Dr Peter Afunanya said this on Thursday in Abuja while...
The Department of State Services (DSS) has given the Nigerian National Petroleum Company (NNPC) Limited and oil marketers a 48-hour ultimatum to make Premium Motor Spirit known as petrol available for Nigerians DSS Spokesman, Peter Afunanya announced the directive while briefing journalists at the headquarters of the secret police...
Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 per litre. The Chairman of IPMAN...
Mr Tunji Oyebanji, Managing Director 11 Plc, says the huge amount being spent on fuel subsidy by the Federal Government is preventing investments in critical areas of the economy and worsening the unemployment situation in the country. Oyebanji said this at the yearly programme of the Institute of Change...
Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation Ltd., and Chevron has secured a $1.4bn financing to fund for infill drilling programme to run from 2022 to 2026. A statement by CNL’s General Manager Policy, Government and Public Affairs, Mr Esimaje Brikinn on...
The House of Representatives on Wednesday grilled Shell Petroleum Development Company of Nigeria, Total Energies and First E and P over alleged tax evasion. The companies appeared before the ad hoc Committee investigating the Structure and Accountability of the Joint Venture (JV) Business and Production Sharing Contracts (PSCs) of...
Chief Timipre Silva, Minister of Petroleum Resources, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion barrels by 2025. Sylva said this on Tuesday at the official ground-breaking of the Oil Prospecting Licenses (OPLs) 809...
Gov. Dapo Abiodun of Ogun has expressed his administration’s readiness to collaborate with Nigerian National Petroleum Corporation (NNPC) to reconstruct the dilapidated Ogijo-Sagamu road. Abiodun made this known on Monday at the official inauguration of the four-kilometre Oba Erinwole road in Sagamu. He said that work would commence on...
Yoruba Council of Youth Worldwide (YCYW), on Thursday tasked the Nigerian National Petroleum Corporation (NNPC) Ltd, on ending reoccurring fuel scarcity in the country. Aare Hassan, President-General, YCYW, said this at a news conference in Abuja. “I wrote a letter to Mr Mele Kyari, the Chief Executive Officer, NNPC...
The House of Representatives Ad hoc Committee Investigating the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCS) of Nigerian National Petroleum Corporation (NNPC) Ltd has summoned the Chairman of Federal Inland Revenue Service (FIRS). The Chairman of the service, Mr Muhammad Nami, was summoned...
An energy consultant, Ademola Adigun, says fingerprinting Nigerian crude supported with international advocacy will permanently address frequent crude oil theft in the country. Adigun said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos. According to him, fingerprinting is a process that gives...