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Kennie Obateru

NNPC records $120.49 million crude oil receipt in September 2020

The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.
Nigerian National Petroleum Corporation (NNPC)

96 firms bid for NNPC infrastructure rehab

No fewer than 96 companies from Nigeria and overseas have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure.
Nigerian National Petroleum Corporation (NNPC)

NNPC committed to bringing down cost of production, remaining competitive

The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil production in the country to $10 per barrel, so as to remain competitive in the Industry and deliver value to all Nigerians.
Nigerian National Petroleum Corporation (NNPC)

House of Reps hails NNPC’s strides in transparency

The House of Representatives Joint Committees on Petroleum (Upstream, Downstream and Gas) have applauded the Nigerian National Petroleum Corporation (NNPC) for breaking new grounds in its commitment to transparency and accountability.
The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate extols NNPC on AKK, audit report

The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Crude oil in commercial quantity discovered in Benue Trough

The Nigerian National Petroleum Corporation (NNPC) says the crude oil found in the Benue Trough is in commercial quantity.

NNPC announces N153.17 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.
Nigerian National Petroleum Corporation (NNPC)

PENGASSAN Strike: No need for panic buying – NNPC

The NNPC GMD reiterated that the Corporation is determined to make the 2020 end-of-year festivities a zero fuel queue period just like the preceding year, noting that critical stockholders in the petroleum products supply and distribution chain such as tanker drivers, depot owners and road transport owners have been mobilized to ensure hitch-free season.
Nigerian National Petroleum Corporation (NNPC)

NNPC: OML 40 explosion damages marine storage vessel

The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited.

House of 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.
Nigerian National Petroleum Corporation (NNPC)

Fuel queues: No need for panic buying – NNPC

The Nigerian National Petroleum corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) also known as petrol, assuring of normalcy in the supply of petroleum products.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

NNPC chief seeks capacity upgrade for indigenous oil firms

The Group General Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has advised indigenous companies operating in the oil and gas sector to upscale their capacity for global competitiveness.
Nigerian National Petroleum Corporation (NNPC)

NNPC trading surplus rises by 860% to N20.4 billion in one month

The Nigerian National Petroleum Corporation, NNPC, Thursday, announced a trading surplus of N20.36 billion in July 2020, rising by 860 per cent from a surplus of N2.12 billion recorded in June.
Nigerian National Petroleum Corporation (NNPC)

NNPC saves Nigeria $5.04 billion in four court victories

The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that its legal team won four major court cases bordering on disputes surrounding oil wells and export terminals that helped the country saved Nigeria N5.04 billion.
Nigerian National Petroleum Corporation (NNPC)

NNPC to setup CNG refilling plants nationwide

The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels.
Nigerian National Petroleum Corporation (NNPC)

NNPC: AKK gas pipeline project contract not inflated

The Nigerian National Petroleum Corporation (NNPC) said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was not inflated to the tune of 1.527 billion dollars, as alleged in an online media outfit.
Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing 1bscfg-d to the domestic market for power generation.

NNPC obtains $1 billion to fund upstream operations of NPDC

The Nigerian National Petroleum Corporation, NNPC, yesterday, said, it has obtained a prepayment funding of circa US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company, NPDC.
Nigerian National Petroleum Corporation (NNPC)

Oil marketers debunk NNPC’s N5.35 billion petrol subsidy payment claim

Oil marketers have denied receiving petrol subsidy payments in June 2020 as disclosed by the Nigerian National Petroleum Corporation (NNPC) in its latest operations report.

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Gov. David Umahi of Ebonyi has pledged to abide by the peace pact he made with political opponents in the Peoples Democratic Party (PDP).

Ebonyi governor vows to prosecute officials linked to communal crisis

Governor David Umahi of Ebonyi State has vowed to arrest and prosecute people, including government officials, linked to the communal crisis involving Effium and Ezza Effium indigenes of Ohaukwu Local Government Area of the state.

NOA advises Nigerians to disregard conspiracy theories about coronavirus vaccine

The National Orientation Agency (NOA) has advised Nigerians to disregard conspiracy theories about COVID-19 vaccines and the various rumours being attributed to them.
The Secretary to the Government of the Federation (SSG), Boss Mustapha, on Tuesday disagreed with Director General of the Nigerian Centre for Disease Control (NCDC), Chikwe Ihekweazu, when he called on the House of Reps to amend the Quarantine Act.

PTF: Nigeria records four cases of UK coronavirus variant strain

Mr Boss Mustapha, Chairman, Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation, said Nigeria recorded four cases of COVID-19, B117 variant strain, first reported in the UK.
Nigeria Labour Congress (NLC)

Imo workers oust state NLC chairman

Workers in Imo State have kicked out the state chairman of the Nigeria Labour Congress (NLC), Austin Chilakpu, after a resolution reached on Monday at the meeting the workers held at the state secretariat in Owerri.
The Ekiti State Governor, Kayode Fayemi, on Tuesday, briefed Mr Buhari on the limitations of the distribution of palliatives to vulnerable persons to curb the economic impact of the coronavirus.

Ekiti government inaugurates law reform commission board

A statement made available to newsmen by the commissioner indicated that the exercise was in line with the provisions of the state Law Reform Commission Law, 2014 (as amended).