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President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

New NNPC chief, management team assume duty today

The new Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr. Mele Kolo Kyari, and his management team will assume duty today at the NNPC towers in Abuja.

NCDMB: Shell leads IOCs in local content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry.

Babatunde Fashola: Federal government targets 30% in renewable energy mix by 2030

In a bid to diversify its energy sources and optimise other assets for power production, Nigeria is targeting 30 per cent of its energy needs from renewables by 2030.
Nigerian National Petroleum Corporation (NNPC)

NNPC charges petroleum explorationists to find more oil

Speaking on the purpose of their visit, President of NAPE, Dr. Andrew Eyayeriese, informed the GMD of the group’s upcoming conference scheduled to hold from November 19th -23rd in Lagos and invited the GMD participate as keynote speaker at the event.

Federal government urged to invest in oil, gas exploration

Mr Abiodun Adesanya, Managing Director, Degeconek Nigeria Ltd., urged the Federal Government to woo investors to carry out exploration of oil and gas in frontier basins to increase the country’s reserves.

PPPRA, DPR step up inspection of petrol stations

As part of measures to ensure fuel queues disappear, monitoring teams of the Petroleum Product Pricing Regulatory Agency (PPPRA) and the Department of Petroleum Resources (DPR), yesterday, visited some filling stations to ensure compliance with government’s directives on the sale of petrol.

NNPC gets $3.7 billion alternative funding

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, yesterday said the corporation has secured $3.7 billion in alternative financing agreement in the last three years.

PPMC insists $250m from Duke Oil was for products traded

The Petroleum Products Marketing Company (PPMC) has insisted that the $205,203,891.09 it received from Duke Oil was for products traded.

NNPC confident of commercial hydrocarbon discovery in inland basins

The Nigerian National Petroleum Corporation (NNPC) has expressed confidence that the aggressive exploration of the inland basins being driven by the corporation would soon yield success with hydrocarbon finds in commercial quantity.

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