Tag: NNPC
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Why Nigeria’s refineries are not operational – NNPC GMD
The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari has given reasons why the nation’s refineries are not operational. Kyari made the submission when he appeared before the House of Representatives Committee on Petroleum Upstream on Thursday at the National Assembly Complex in Abuja. The GMD appeared before the committee…
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Modular refineries will make petroleum products available, eliminate importation – Buhari
President Muhammadu Buhari said in Abuja on Tuesday that the establishment of modular refineries in the country would make petroleum products available and eliminate importation. The president said this at the virtual inauguration of the 5,000-barrels-per-day Waltersmith modular refinery in Ibigwe, Imo. Buhari also performed the Ground-Breaking for the Phase-2 works aimed at expanding the…
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Buhari, only Nigerian president that never interfered in NNPC affairs – Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that President Muhammadu Buhari never interfered in the operations of the Corporation. Kyari disclosed this at a media interactive with National Association of Energy Correspondents in Abuja, on Friday. He said that the corporation had the full support of the…
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Senate seeks comprehensive audit of NNPC, NPA, NIMASA, others
The Senate has called on the acting Auditor General of the Federation, Mr. Adolphus Aghughu, to focus more on the financial activities of big revenue generating agencies instead of smaller ones. The Chairman, Senate Committee on Public Accounts, Senator Matthew Urhoghide (Edo South), made the call on Monday during the 2021 budget defence of the…
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NNPC clears air on new ex-depot price for petrol
The Nigerian National Petroleum Corporation (NNPC) has announced N153.17 ex-depot price for Premium Motor Spirit (PMS) also known as petrol for the month of November. The corporation announced this in a statement signed by its spokesman, Dr Kennie Obateru, in Abuja on Friday. The ex-depot price is the amount at which the depot owners sells…
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BREAKING: NNPC increases petrol depot price, marketers to sell at N168-N170/litre
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has raised the ex-depot price of Premium Motor Spirit, also known as petrol, to N155.17 per litre from N147.67 per litre. The PPMC revealed this in an internal memo with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by Tijjani Ali.…
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BREAKING: NNPC announces oil production milestone
The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) joint venture (JV) have announced the commencement of oil production from Oil Mining Leases (OMLs) 83/85. Discovered 42 yrs ago, the Anyala Field located in OML 83/85 is a shallow water asset. This remarkable milestone, the NNPC said will…
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PENGASSAN Strike: No Need for Panic Buying – NNPC
The Nigerian National Petroleum Corporation (NNPC) on Tuesday dismissed mounting insinuation of possible scarcity of petroleum products following ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) on the implementation of the Integrated Payroll and Personnel Information System (IPPIS). Dr. Kennie Obateru, Group General Manager, Group…
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BREAKING: Explosion rocks NNPC production facility
An explosion has been reported at a production facility in Oil Mining Lease (OML) 40, involving partners of the Nigerian Petroleum Development Company, Elcrest Exploration and Production Nigeria Limited. TheNewsGuru.com (TNG) reports the explosion occurred while production evacuation was being carried out at the Gbetiokun Early Production facility. The NPDC, an upstream subsidiary of the…
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Reps commends NNPC for strides in gas development
The House of Representatives Committee on Gas Resources has applauded the Mallam Mele Kyari-led Management team of the Nigerian National Petroleum Corporation (NNPC) for its achievements in the areas of gas infrastructure development, gas supply obligations for the domestic market and the NLNG Train 7 Project. A press release by the Group General Manager, Group…