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Association targets 40 percent local vessel ownership

Petroleum Technology Association of Nigeria has said it will step up efforts to increase indigenous vessel ownership from less than 10 per cent to over 40 per cent.
President Muhammadu Buhari returned to Abuja on Friday after a three-day official visit to South Africa.

President Buhari returns to Abuja after visits to Malabo, Katsina

President Muhammadu Buhari has returned to Abuja after five-day visits to Malabo (Equatorial Guinea), Katsina and Kaduna States.
The Nigerian Guild of Editors, NGE, yesterday, expressed optimism in the ability of the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari to steer the corporation to enviable heights.

NNPC: Oil price volatility threatening Nigerian content development

The Nigerian National Petroleum Corporation, NNPC, yesterday, expressed concern that the persisting volatility in the price of crude oil is putting pressure on the local content initiative of the Federal Government.
Nigerian National Petroleum Corporation (NNPC)

Yuletide: There’s abundant fuel supply – NNPC chief

Those at the meeting included the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; the Minister of Works and Housing, Babatunde Fashola; the Inspector General of Police, Mohammed Adamu; and heads of agencies in oil and gas.
Melee Kyari

FID on NLNG train 7 to be executed in December – NNPC chief

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December.
President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.

President Buhari leaves Abuja today for Malabo, then Daura

President Muhammadu Buhari will depart Abuja Friday to participate in the 5th Gas Exporting Countries Forum (GECF) in Malabo, Equatorial Guinea.
Nigerian National Petroleum Corporation (NNPC)

NNPC, Chinese firm to start AKK pipeline project

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna-Kano pipeline project popularly known as AKK project, a release by the National Oil Company’s Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, made this known in a statement yesterday.
Waziri Adio NEITI

Federal government to unveil oil block owners

The Federal Government will on 12th December this year unveil the identities of the true owners of its oil blocks through the beneficial ownership register for the oil and gas industry, the Nigerian Extractive Industries Transparency Initiative (NEITI) has said.
Alex Otti

Alex Otti suggests ways to reduce cost of governance

Former Group Managing Director of defunct Diamond Bank and the 2019 Governorship candidate of the All Progressives Grand Alliance (APGA), Dr. Alex Otti, has called for the reduction of cost of governance in Nigeria.
Nigerian National Petroleum Corporation (NNPC)

NNPC to automate depot, pump station operations

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday disclosed that the Corporation was poised to automate its downstream facilities such as depots, pump stations and measurement systems across the Country.

Zenith Bank, Delta promise amazing Principals’ Cup final

As the final match of the 2019 Delta State Principals’ Cup draws near, the state government and the sponsors, Zenith Bank are planning exciting time for the finalists and fans.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Federal government to ban importation of steel products – minister

Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the Federal Government will stop importation of steel products into the county to the is to encourage local investors in the sector.
Nigerian National Petroleum Corporation (NNPC)

NNPC secures $1.16 million US grant for 1,350MW Abuja power plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16 million dollar grant as part funding for the NNPC-Abuja Independent Power Project (IPP).

Expert: Nigeria’ll lose her rating in oil production

A world renowned oil engineer, Mr Barth Nwibe, has said that if nothing was done to harmonise the oil sector in Nigeria, the country will loss her rating in oil production in the next 30 Years.

Supreme Court fixes date to hear cross-appeal against central bank, Cecilia Ibru

The Supreme Court on Monday adjourned a cross appeal against the Central Bank of Nigeria seeking to compel it to disclose information under the Freedom of Information Act.
Minister of State for Petroleum Resources, Chief Timipre Sylva, Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari and the President of Dangote Refinery and Petrochemicals Plant, Mr. Aliko Dangote conducting the Federal Government delegation round the 650,000 barrels per day biggest refinery in Lagos.. on Sunday

Federal government plans 200,000 bpd condensate refineries

Nigerians may bid fuel scarcity farewell if the Federal Government’s plan to build two 200,000 barrels per day (bpd) condensate refineries comes to fruition.
Minister of State for Petroleum Resources, Chief Timipre Sylva, Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari and the President of Dangote Refinery and Petrochemicals Plant, Mr. Aliko Dangote conducting the Federal Government delegation round the 650,000 barrels per day biggest refinery in Lagos.. on Sunday

Federal government to support Dangote Refinery with feedstock, others

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 Federal Government has reiterated its support for the $12bn Dangote Refinery and Petrochemical through feedstocks and off-takers of products to add value to the nation’s economy. Mr Timipre Sylva, the Minister of State for Petroleum Resources, made this known during the tour of the refinery project in Lagos on Sunday. Dangote Refinery is situated at Lekki Free Trade Zone in Ibeju Lekki, Lagos. The minister was accompanied by Mr Mele Kyari, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC); Mr Shakur Rufai, Acting Director, Department of Petroleum Resources (DPR) and all Heads of NNPC subsidiaries.

Federal government pledges to support Dangote refinery

The Federal Government has reiterated its support for the $12bn Dangote Refinery and Petrochemical through feedstocks and off-takers of products to add value to the nation’s economy.

Recent Stories

Kabir Marafa, senator representing Zamfara central, says he will remain in the All Progressives Congress (APC) to fight injustice.

Senator Marafa: Governors plotting to replace Adams Oshiomhole with Abdulaziz Yari

Kabir Marafa, a former senator, said some governors are plotting to replace Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with AbdulAziz Yari, former governor of Zamfara state.
Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.

Wayne Rooney confesses his ambition to manage after he retires from playing

Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.
Caretaker premier Saad Hariri on Thursday made phone calls to World Bank president David Malpass and IMF managing director Kristalina Georgieva, his office said.

Lebanon premier asks World Bank, IMF help with economic rescue plan

Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

Yuletide: Army advises Nigerians to be security conscious

Maj.-Gen. Usman Yakubu, Commander Corps of Artillery, Kontagora has called on Nigerians to be more security conscious before, during and after the Christmas and New year festivities.

Insecurity: General Buratai tasks non-commissioned officers

The Chief Of Army Staff, Lt-Gen Tukur Buratai, has called Senior Non-Commissioned Officers (SNCOs) to display fresh innovations in tackling security challenges facing the country.