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Mele Kyari

NNPC promises abundance of petroleum products for yuletide

The Nigerian National Petroleum Corporation (NNPC), has revealed that it has made adequate preparations for the yuletide saying petroleum products will be in abundance across the nation.
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.

Expert hails federal government’s refinery deal with Russia

An oil industry expert and senatorial aspirant in the last general election in Abia state, Mr Chinedu Onyeizu, has commended the Federal Government for signing a government backed partnership with Russia to revamp the nation’s refinery.

NNPC: 14 companies bid for OML 119 redevelopment financing

The Nigerian National Petroleum Corporation (NNPC) says it has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119.
President Muhammadu Buhari and his Russian counterpart, Vladimir Putin, in Sochi, have agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of partially completed and abandoned projects initiated by both countries..10

President Buhari’s takeaways from Sochi

President Muhammadu Buhari has returned to Nigeria from his four-day visit to the Russian Republic extremely happy with the success of the visit, which outcome is the best response to a few skeptical audiences back home, including a toxic newspaper editorial, “Buhari, Stay On Your Job,” by the Lagos-based Punch Newspaper asking him to not travel.
President Muhammadu Buhari and his Russian counterpart, Vladimir Putin, in Sochi, have agreed to put Nigeria-Russia relations on a fast track, and pursue the completion of partially completed and abandoned projects initiated by both countries..9

NNPC, Russian oil firm sign MoU

Nigeria and Russia on Thursday in Sochi, Russia, signed a Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil to elevate commercial relationship to a government-to-government backed partnership.
Melee Kyari

Federal government sets oil production target of three million barrels per day

The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023. The Federal Government has said that a target of three million barrels per day of oil production has been set and steps are being taken to realise it before the end of 2023.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Federal government launches ‘Operation White’ to track fuel distribution

The federal government has inaugurated ‘Operation White,’ a critical transparency initiative to be carried out by an 89-man monitoring team for the tracking of movement of petroleum products in and out of the country including importation and distribution.
Melee Kyari

NNPC seals $2.5 billion gas supply deal with NLNG

The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work very quickly towards expanding the production capacity of the company beyond Train 7 to take advantage of developments in the global LNG market.
Nigerian National Petroleum Corporation (NNPC)

NNPC to begin publishing details of fuel supplies

The Nigerian National Petroleum Corporation (NNPC) says it will soon commence the publication of details of petroleum products supplies transactions as part of efforts to deepen transparency in its operation.
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.

Nigeria moves to recover 35,000bpd lost to Shell-Belema oil dispute

The federal government says it is determined to continue to extract over 35,000 barrels per day of crude oil output lost to a community dispute in the Niger Delta region.
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

OML 25: $1.7 billion lost to two years closure – NNPC

The Nigerian National Petroleum Corporation (NNPC), says the existing peace in Kula community in Rivers is the best to ensure smooth operation of Oil Mining Lease (OML) 25 flow station.
Rivers State Governor, Nyesom Ezenwo Wike has banned the planned RevolutionNow protest in the state.

River governor calls on oil companies to respect MoU with communities

Rivers State Governor, Nyesom Wike, has called on oil companies to respect the memorandum of understanding (MoU) signed with host communities to ensure peaceful and productive operations.

NNPC transfers stakes in three oil assets to NPDC

The Nigerian National Petroleum Corporation, NNPC, yesterday, signed an agreement with Nigeria Agip Oil Company, NAOC, and Oando, for the transfer of NNPC’s stake in three oil wells, Oil Mining Lease, OML, 61, 62 and 63 to its upstream subsidiary, Nigerian Petroleum Development Company, NPDC.
President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

NNPC signs agreement with NAOC on four OMLs

The Nigerian National Petroleum Corporation has signed a novation agreement with Nigerian Agip Oil Company on Oil Mining lease 60,61,62 and 63.

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