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Oil and Gas

NNPC, KDSG, Sign MoU on Gas Utilisation, Expansion

…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…

House of Reps to Kyari: “GMD You Have Made Our Day”

…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…

NPDC, Ogoni People Pledge Cooperation on Oil Production

The leaders of Ogoniland in Rivers State under the auspices of the Ogoni Liberation Initiative have pledged to cooperate with the Nigerian Petroleum Development Company (NPDC) in the exploration and production of oil and gas resources in its territory. The…

OML 11: NPDC Resumes Operation After Court Judgement in its Favour

The Nigeria National Petroleum Corporation (NNPC), has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for Nigeria and the beginning of addressing decades of host…

NNPC Promotes, Redeploys Senior Management

The Management of the Nigerian National Petroleum Corporation (NNPC), in a bid to strengthen and reposition towards attaining global excellence and profitability, has announced the promotion and redeployment of some staff to fill key vacant positions. In a statement released…

NNPC Records Petroleum Product Sale of ₦234.63bn in March

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale of white products in the month of March 2021 representing a 24.7% increase from the…

Kyari Assures AKK Gas Pipeline Project`ll Be Delivered on Schedule, Create Prosperity

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would be delivered on schedule, create prosperity through massive job opportunities and guarantee peace for…

NNPC, Partners to Rake in over $760m Revenue from OML 130 Gas Supply Agreements

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas…

NNPC, EFCC, Others Partner to Tackle Petroleum Products Smuggling, Crude Oil Theft

The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria Customs Service (NCS), Nigeria Security and Civil Defence Corps (NSCDC) and other relevant downstream…

Brass Products Terminal: Sylva Hails Buhari’s Impact in Niger Delta

…Project Will Generate 6,000 Jobs, Says Kyari The Minister of State for Petroleum Resources, Chief Timipre Sylva has commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of…