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NNPC Pledges Support For ENI/Agip On Cash-Call Repayment
Chibisi Ohakah, Abuja
The Nigerian National Petroleum Corporation (NNPC) has promised to work closely with ENI/Agip to speedily resolve all pending issues that led to...
NNPC Eyes $10.2bn In Royalties, Taxes From OML 13 Financing
Chibisi Ohakah, Abuja
Nigeria looks forward to raking in over $10.2 billion in royalties and taxes in the next 15 years from the signing of...
NNPC, Budget Office Adopt New Strategy On Budgets
Peace Obi
The Nigerian National Petroleum Corporation (NNPC) and the Budget Office of the Federation have commenced an extensive stakeholder engagement designed to seek effective...
Nigeria, Morocco Set To Execute Gas Pipeline Pact
…pipeline to supply feedstock gas to Morocco, Europe
Chibisi Ohakah, Abuja
Nigeria and the Kingdom of Morocco are set to implement the memorandum of understanding...
Nigeria To Renew Crude Oil Export Deal With Indonesia
Chibisi Ohakah, Abuja
Nigeria is on the verge of renewing crude oil sale deal with Indonesia. The oil export pact with Indonesia, which saw the country importing...
NNPC Attributes N6.33bn Surplus To Increase In Gas & Power Output
Chibisi Ohakah, Abuja
Nigerian National Petroleum Corporation has attributed the N6.33 billion trading surplus in May to the increase in gas and power output,...
34 Firms Win NNPC Crude-For-Fuel Swap Contracts Awards
Chibisi Ohakah, Abuja
Nigerian National Petroleum Corporation (NNPC) has issued award letters to about 34 companies for contracts to exchange crude oil for imported petroleum...
NNPC Calls For Adequate Funding Of Oil And Gas Sector
The Nigerian National Petroleum Corporation (NNPC) has urged the Senate to ensure adequate funding of the oil and gas sector to guarantee sustainable revenue...
Aiteo’s New Investment Plan To Snowball Its Oil Production To 250,000bpd
Peace Obi
Aiteo Eastern Exploration and Production Company has revealed that its new investment plan would lead to increased oil production to about 250,000 per...
NNPC Dispels Rumour On Petrol Pump Price Hike
Chibisi Ohakah, Abuja
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike...
Kyari Pledges Openness, Accountability In Oil Production Management
Chibisi Ohakah, Abuja
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has said that as the focal point...
New NNPC Boss Vows To Ensure Passage Of Oil-Related Bills
Chibisi Ohakah, Abuja Â
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari has pledged to ignite a new...
NNPC Pledges Closer Ties With State Governors
…to increase oil production, renewable energy & revenue generation
Chibisi Ohakah, Abuja
New group managing director, Nigerian National Petroleum Corporation (NNPC), Mallam Kolo Kyari, has expressed...
Embrace PPP In Oil Sector, Oando Boss Tells FG
Chibisi Ohakah, Abuja
The Chief Executive officer of the Oando Plc Group, Mr. Wale Tinubu, has called on indigenous oil and gas companies in Nigeria...
Buhari May Return Kachikwu As Oil Minister
Chibisi Ohakah, Abuja
There are indications that the erstwhile Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, may be returned as minister of...
Kyari Vows To Boost Production, End Petroleum Products Importation
Peace Obi
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari, has vowed to reverse the trend of...
Mele Kyari Outlines Vision For NNPC As Baru Bows Out
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari, has vowed to reverse the trend of petroleum...
New NNPC GMD, Management Team Assume Duty Today
The new Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr Mele Kolo Kyari and his management team will assume duty today at the...
NNPC Adopts Incorporated Joint Venture Model To Improve Industry Fortune
Chibisi Ohakah, AbujaÂ
Nigerian National Petroleum Corporation (NNPC) is introducing the Incorporated Joint Venture (IJV) model to replace all the Joint Venture exploration and...
Aiteo Eastern E&P Earmarks $5bn To Boost Oil Output
Chibisi Ohakah, Abuja
Aiteo Eastern E&P, arguably Nigeria’s largest independent oil producer, has announced plans to spend as much as $5 billion to boost...