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Melee Kyari

Federal government eyes $2 billion yearly from Escravos gas to liquid project

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, yesterday said the Escravos Gas-to-Liquid (EGTL) project is capable of fetching the Federal Government $2billion yearly.
Seplat Petroleum Development Company

IOCs, Seplat, others to meet gas needs

International Oil Companies (IOCs), Seplat and other local players in the industry, will soon meet on the need to expand the domestic gas market and further make the product available to thermal plants across the country, it was gathered in Lagos.

Reviving cultural values, panacea for societal problems – minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has said revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.

Minister: Reviving cultural values, panacea for many societal problems

Alhaji Lai Mohammed, the Minister of Information and Culture, has said the revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.
Nigerian National Petroleum Corporation (NNPC)

NNPC remits N729.3 billion, N602.3 billion to Federation Account

The Nigerian National Petroleum Corporation (NNPC) said it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively between July 2018 and July 2019.
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: JV oil assets sold to incompetent operators

The Nigerian National Petroleum Corporation, NNPC, Tuesday, disclosed that buyers of the divested assets of its Joint Venture, JV, partners have all failed to make meaningful impacts and contributions to the development of the assets, almost gently years after their sale.

Shell inaugurates 34 projects in Delta communities

The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV) has appealed to its host communities to continue to create the enabling environment for sustainable business growth.
The Minister of State for Petroleum Resources, Timipre Sylva, says Nigeria must bring down the cost of production of its crude oil as the country is currently a laughing stock in the way it runs business in the oil and gas sector.

Reduction of Nigeria’s oil JVs equity my priority – minister

The implementation of the proposed reduction of the federal government’s equity holding in the joint ventures in the oil industry is one of the priorities of the Minister of State for Petroleum Resources, Timipre Sylva.

Shell loses N202 million daily to vandals, oil thieves – official

Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta.

Delta communities shutdown flow stations

Nigeria loses about 79,000 barrels of oil as host communities to Jones Creek, Odidi and Batan flow stations shut down the station operated by NPDC/Neconde OML42 JV this morning.
Nigerian National Petroleum Corporation (NNPC)

NNPC ‘not tax agency’

The Nigerian National Petroleum Corporation (NNPC) yesterday said the collection of taxes and other cash due to the Federal Government in the oil and gas industry was not its responsibility.
Melee Kyari

Melee Kyari: NNPC has no secret account

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, says the corporation has no secret accounts that breach the Treasury Single Account (TSA).

Oando records six per cent increase in turnover

The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.

Chevron: Ojumole Well 1 fire has been put out

Oil giant, Chevron Nigeria Limited (CNL), operator of Joint Venture (JV) between the NNPC and CNL (NNPC/CNL JV), says the fire that gutted its Ojumole Well No 1 has been put out.

Federal government exceeds oil budget target

Nigeria’s crude oil and condensates production has risen to 2.323 million barrels per day (bpd), exceeding the 2019 budget benchmark of 2.3 million bpd.

Federal government revokes license of MKO Abiola’s Summit Oil

The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licenses (OML) and one Oil Prospecting Licence (OPL) belonging to five companies.

NNPC pays N153.01 billion into federation account in January

The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.

Oando steadily wins shareholder confidence, posts N4.6 billion profits in Q1 2019

The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1

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As the outbreak of Lassa Fever begins to raise concerns in various states in Nigeria, a lawmaker in Ekiti state house of assembly, Princess Teju Okuyiga has tasked Ekiti people on cleanliness, in a proactive move to prevent an attack.
Bayern Munich CEO Karl-Heinz Rummenigge has described Manuel Neuer as the best goalkeeper the world has ever had, and hopes he will extend his stay at the club beyond 2021.

Karl-Heinz Rummenigge: Manuel Neuer is the best goalkeeper the world has ever had

Bayern Munich CEO Karl-Heinz Rummenigge has described Manuel Neuer as the "best goalkeeper the world has ever had", and hopes he will extend his stay at the club beyond 2021.
Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.

Donald Trump, Boris Johnson talk telecoms security ahead of Huawei decision

Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.
Roger Federer rallies from 4-8 in the deciding set match tie-break to reach the Australian Open fourth round.

Roger Federer says ‘epics’ keep him motivated after Australian Open thriller

Roger Federer lives to win titles, but five-set thrillers like his epic against John Millman at the Australian Open are also a key reason why he is still playing aged 38.
The Governorship Election Petition Tribunal in Uyo, on Monday, ordered INEC to allow the All Progressive Congress (APC) candidate, Mr Nsima Ekere, to inspect all election materials used during the March 9 Governorship Election.

Akwa Ibom rerun: APC thugs are destroying PDP ballot papers – commissioner

The Akwa Ibom State Commissioner for Trade and Investment, Prince Ukpong Akpabio, has lamented that the opposition All Progressives Congress (APC) has hijacked election materials from most of the polling units in Essien Udim Local Government Area (LGA).