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Nigeria Government to Support Dangote Refinery with Feedstock

Nigeria Government to Support Dangote Refinery with Feedstock

November 6, 2019 No Comments

The Federal Government has pledged to support the 650,000 barrels per day capacity Dangote Refinery and Petrochemicals Plant with crude oil feedstock and other necessary inputs to the success of the project. The Minister of State for Petroleum Resources, Chief Timipre Sylva, made this known during a tour of the Dangote Refinery being constructed by […]

NNPC Saves Over $3bn from Arbitrations

NNPC Saves Over $3bn from Arbitrations

November 6, 2019 No Comments

Nigerian National Petroleum Corporation (NNPC) has saved over $3billion from arbitrations, the Corporation’s Group Managing Director, Mallam Mele Kyari, has disclosed. Mallam Kyari dropped the hint Tuesday in Abuja when he engaged staff of the corporation in a Town Hall meeting that also involved the participation of the corporation’s outstation-staff. The NNPC GMD gave kudos […]

LUKOIL AND NNPC SIGN MoU

LUKOIL AND NNPC SIGN MoU

October 29, 2019 No Comments

President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum was signed today at the Russia-Africa economic forum in Sochi. According to the Memorandum, the parties intend to consider possible cooperation in the exploration, production and refining of […]

NNPC Focused on Delivering Value to Nigerians

NNPC Focused on Delivering Value to Nigerians

October 21, 2019 No Comments

The Nigerian National Petroleum Corporation (NNPC) has assured of its resolve to continue to delivere value across the entire value chain of the Oil and Gas Industry for the benefit of Nigerians and other stakeholders. A release by the Acting Group General Manager, the Group Public Affairs Division of the NNPC, Mr. Samson Makoji, stated […]

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Hydrocarbon Deposits Discovered in Gongola Basin-Upper Benue Trough, Nigeria

Hydrocarbon Deposits Discovered in Gongola Basin-Upper Benue Trough, Nigeria

October 14, 2019 No Comments

Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. It would be recalled that drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari on […]

NNPC Says Petroleum Legislation Will Give Focus to Oil and Gas Industry

NNPC Says Petroleum Legislation Will Give Focus to Oil and Gas Industry

October 9, 2019 No Comments

In a bid to accelerate Foreign Direct Investment (FID), the Nigerian National Petroleum Corporation (NNPC) has expressed the determination of the Federal Government to work with the National Assembly and all other stakeholders to pass the long awaited petroleum legislation considered to be capable of providing a win-win scenario for all players in the Oil […]

NNPC signs $875.75m deal with petroleum dev company

NNPC signs $875.75m deal with petroleum dev company

September 23, 2019 No Comments

The Nigerian National Petroleum Corporation says it has signed an $875.75m funding and technical services agreement and alternative financing deal for the Oil Mining Lease (OML) 65 operated by Nigerian Petroleum Development Company. The Corporation in a statement by its spokesman, Mr. Ndu Ughamadu in Abuja on Sunday, said it signed the deal with CMES-OMS […]

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NNPC Begins Full Rehabilitation of All Refineries

NNPC Begins Full Rehabilitation of All Refineries

September 23, 2019 No Comments

The nation’s refineries, located in Port Harcourt, Warri and Kaduna, will roar to live to refine crude oil at optimum capacity come 2022, the Nigerian National Petroleum Corporation (NNPC), has assured. NNPC Group Managing Director, Mallam Mele Kyari, who disclosed this Saturday during a facilities tour of the Port-Harcourt Refining and Petrochemical Company (PHRC), stated […]

NNPC, Navy to Deepen Collaboration to Stem Crude Oil Theft

NNPC, Navy to Deepen Collaboration to Stem Crude Oil Theft

September 5, 2019 No Comments

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Navy have pledged to deepen collaboration to tackle the menace of crude oil theft and attacks on oil and gas facilities. The two organisations came to the resolution when the NNPC GMD, Mallam Mele Kyari paid a courtesy visit to the Chief of Naval Staff, Vice […]

ExxonMobil Expresses Confidence in Nigeria’s Oil & Gas Industry

ExxonMobil Expresses Confidence in Nigeria’s Oil & Gas Industry

August 15, 2019 No Comments

The Chairman and Managing Director of ExxonMobil companies in Nigeria, Mr. Paul McGrath, has expressed confidence and optimism in the Nigerian petroleum industry particularly the future of its business relationship with the Nigerian National Petroleum Corporation (NNPC) under the Mallam Mele Kyari-led Management team. Mr. McGrath, during a courtesy visit to the NNPC GMD in […]

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