NNPC Finalises New Crude-For-Fuel Swaps For One Year

Nigeria National Petroleum Corporation (NNPC) has selected 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The list includes major Swiss trading firms Trafigura, Vitol and Mercuria, oil major Total as well as large Nigerian traders Sahara Energy, Oando and MRS Oil. The contracts, known as direct […]

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FG Hopeful Of Improved Earnings From Floating LNG

The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant. The Department of Petroleum Resources (DPR) had issued Licence to Establish (LTE), the first floating […]

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Standard Organization Of Nigeria Management Visits DPR Lagos Zonal Office

The Standard Organisation of Nigeria (SON) Management led by the Lagos State Coordinator, Mr. Omotayo Ayodele paid a courtesy call to the DPR Lagos Zonal Office. The officials were received by the Zonal Operations Controller (ZOPSCON) Lagos Engr. Ayorinde Cardoso and his Management team. The purpose of the visit was to familiarize, synergise and initiate a working relationship between the […]

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Alliance Says NNPC Has Been Transparent And Accountable On Its Operational Surplus

The Integrity Youth Alliance has condemned the statement credited to the Chairman, Senate Committee on Finance, Senator Solomon Adeola claiming that “NNPC, NPA, others failed to remit N2trn operational surplus.” In a press release on Monday, May 10, 2021 in Abuja, signed the National Coordinator of the Alliance, Kelvin Adegbenga, he said for the purpose of clarification, the Alliance wish […]

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NNPC Never Mismanaged All Of Its Refineries; Alliance Enlightens ICIR

The Integrity Youth Alliance has enlightened the International Centre for Investigative Reporting on the timely rehabilitation of the Port Harcourt Refinery. Responding to ICIR latest publication titled ‘Against common sense, NNPC commences $1.5bn Port Harcourt refinery repairs,’ the Alliance through a press release on Saturday in Kano State signed by the Publicity Secretary of the Alliance, Danjuma Lamido, he said […]

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Port Harcourt Refinery Rehab: We Can’t Afford To Fail – NNPC

… Says Project to Generate 3,000 Jobs as Construction Work Kicks off The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, quoted the NNPC Chief Operating […]

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Alliance Tackles House Of Reps Says Nigerian National Petroleum Corporation Is Not Causing Problems In The Country

The Integrity Youth Alliance has condemned the House of Reps attack on the Nigerian National Petroleum Corporation and its Group Managing Director, Mele Kyari. In a press release on Thursday in Port Harcourt Rivers State signed by the National Coordinator of the Alliance, Kelvin Adegbenga, he said rather, the House of Reps is the one causing problem for the country. […]

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Rehabilitation Of Port Harcourt Refinery; Most Transparent Contract – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that the rehabilitation of Port Harcourt refinery in Rivers State is the most transparent contract and expects the contractor to be excellent with the work. Kyari who was represented by Umar Ajiya, the Chief Financial Officer said this on Thursday at the kick off meeting on […]

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Port Harcourt Refining Company Rehabilitation Technical Meeting Kicks Off

The Technical Kick-off Meeting of the Port Harcourt Refining Company (PHRC) Rehabilitation Project holds today, 6th May, 2021. According to a tweet on the NNPC Twitter handle, today’s significant event will mark the commencement of site handover, introduction of technical teams and full mobilization to site. It will be recalled that Tuesday, 6th April, 2021 the signing of the Engineering, […]

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