Category: Oil & Gas

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC has been conferred with the African Leadership commendation award by the African Leadership Magazine. The award was conferred on him at the 5th US-Africa investment Forum and the African Business Leadership Awards 2020 which was held virtually. Speaking at the ceremony, Mallam Kyari commended the African Leadership Magazine for

…As Kyari Urges Speedy Passage of PIB In keeping with the objectives of the United Nation’s 2030 Agenda for Sustainable Development and the Paris Climate Accord, the Nigerian National Petroleum Corporation (NNPC) is focusing on growing the nation’s domestic gas utilization for balanced economic growth. Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this Tuesday at the BusinessDay Energy

The Minister of State for Petroleum Resources, Timipre Sylva, has debunked reports that the new Petroleum Industry Bill (PIB), does not accommodate the existence of the Nigerian National Petroleum Corporation (NNPC). The Minister who said this after meeting with the leadership of the National Assembly, said the PIB does not envisage the scrapping of the corporation but to have it

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has hailed the decision of labour leaders to suspend their planned protest scheduled to have commenced Monday. Kyari, in a tweet on his official Twitter handle on Monday praised the leadership of the unions for choosing the pursuit of common good. He said: “Being a former union leader,

The President, Major General Muhammadu Buhari (retd.), has transmitted the much awaited Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum Company Limited. The bill, which was sighted by our correspondent on Sunday, also proposes the scrapping of the Nigerian National Petroleum Corporation and the Petroleum Products Pricing Regulatory Agency. The

The National Executive Council of the Independent Petroleum Marketers Association of Nigeria, IPMAN has appealed to Labour Leaders in the country to jettison their planned industrial action over the hike in electricity tariffs and increased pump prices of petroleum products. Rising from an emergency meeting in Abuja Saturday, the leadership of the Independent Oil marketers drew the attention of the

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the development and commercialization of gas from the Oil Mining Lease (OML) 143 that could help reduce gas flaring in the country. Speaking at the agreement signing ceremony which held at the NNPC Towers, the Group Managing Director of NNPC, Malam

…As Kyari Assures of Resolution of Forex Issues Stakeholders in the Downstream Sector of the Nigerian Oil and Gas Industry, including the Major Oil Marketers Association of Nigeria (MOMAN), have lauded the Federal Government for the courage to tackle the challenges in the Downstream Sector frontally. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, stated that the stakeholders

The Nigerian National Petroleum Corporation (NNPC) has canvassed a review of the Local Content Act to reflect current realities in the oil and gas industry. Group Managing Director, NNPC, Mallam Mele Kyari, according to a statement released on Wednesday, also said there was need for legislation to address funding constraints faced by local operators in the industry.‎ The statement said

…As Reps Assures of Speedy Passage of PIB The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has said that the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector. Mallam Kyari, who stated this while, playing host to members of the House of Representatives