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Nigeria: President Buhari Appoints Mele Kyari as NNPC GMD

President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation.

Nigeria: Petrol Imports Rise by 534 Million Litres – NNPC

The importation of Premium Motor Spirit, popularly known as petrol, into Nigeria, through the Direct Sale Direct Purchase scheme of the Nigerian National Petroleum Corporation, has increased by 534 million litres.

Nigeria: 80 Deep Water Oil Blocks Not Producing, Says NNPC

Only seven out of the 87 deepwater oil blocks in Nigeria are producing, while six are at different phases of development, the Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, has said.

Nigeria’s Energy Future Challenged By Weak Rule Of Law

With the re-election of Muhammadu Buhari to the Nigerian presidency, Africa’s leading oil exporter faces a challenge as old as Nigeria itself: political corruption. This scourge...

Nigeria: There is Sufficient Fuel, Kachikwu Assures Nigerians

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Sunday assured Nigerians that there is sufficient  Premium Motor Spirit  (PMS), also known...

Nigeria: NNPC Denies Inflating Fuel Import Figure

Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation, NNPC, Mr. Ndu Ughamadu, yesterday, disclosed that the corporation does not...

Nigeria: N205bn Worth of Petroleum Products Lost to Vandals in 10...

Between 2008 and 2017, Nigeria lost a total of N205.4 billion worth of petroleum products to vandals who hacked into petroleum products pipelines of...

Nigeria: BPE Hinges NNPC’s Privatisation on Petroleum Industry Bill Outcome

The Director General of Bureau for Public Enterprises (BPE), Alex Okoh yesterday, insisted that the bureau must await the outcome of the Petroleum Industry...

10,000 jobs likely as NCDMB, NLNG sign $12b Train 7 Nigerian...

An agreement, which is expected to bring about 10,000 jobs by utilising Nigeria’s huge natural gas reserves, has been signed in Abuja. The Nigerian Content...

Nigeria: NNPC Considers Extending Gas Pipeline to Algeria

The Nigerian National Petroleum Corporation is considering extending the ongoing Ajaokuta-Kaduna-Kano gas pipeline system across the Sahara to Algeria in North Africa.