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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.
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.
The Honourable Minister of State, Petroleum Resources, Chief Timipre Sylva, on the 21st of September said that there will be no Organisation of Petroleum Exporting Countries (OPEC) cut off oil production by 50 per cent as previously reported rather, there will be a cut for overproduction of the 57,000 barrels per day.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured host communities of oil and gas installations of sustained and symbiotic engagement with the national oil company in such a way as to entrench mutually beneficial partnership with the industry.
The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this during a courtesy visit by the Ambassador of the Republic of Turkey to Nigeria, His Excellency Melih Uluren, at the NNPC Towers in Abuja yesterday.
The Special Presidential Investigation Panel for Recovery of Public Property has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, over alleged $1.8bn owed the Federal Government by Mobil Producing Nigeria Unlimited (ExxonMobil).
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium Motor Spirit (PMS), otherwise called petrol, saying the statement of the corporation’s Group Managing Director, Mallam Mele Kyari, at the National Assembly yesterday did not suggest any plan to increase the price of the white product.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has called on the academic community and industrial sector in Nigeria to embrace a new approach to sustainable industrial growth by ridding themselves of the mentality of being perpetual receiver or giver of research grants and donations.
The Administration of President Muhammadu Buhari and the leadership of the Nigerian National Petroleum Corporation (NNPC), led by its Group Managing Director, Dr. Maikanti Baru, have received kudos from Nigerians across all walks of life.
Senate President, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe the NNPC on diversion of dividends from the Nigerian Liquefied Natural Gas (NLNG).
Saraki, while reacting to questions from newsmen at the Ilorin airport in Kwara State, admitted that he had received series of telephone calls on the issue by many concerned Nigerians and others who wanted to know the position of the Senate on the issues raised by the NNPC GMD before the Lawan Adhoc Committee.
The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru, has challenged Nigerian universities on scientific research and technology incubation to promote the country’s local content policy, industrialisation and economic growth.
Former Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has commended the people of Bayelsa State for changing their destiny by voting the All Progressives Congress (APC) in the Saturday election.
YIAGA AFRICA, a civil society organisation (CSO), says there are indications that the results of the Bayelsa state gubernatorial election were manipulated.
Manchester United’s failure to qualify for the Champions League is beginning to erode the club’s finances, but increased commercial income helped the English giants post revenues of £135.4 million ($174 million) for the first quarter of the 2019-2020 season on Monday.
Justice Bolanle Okikiolu-Ighile of the Lagos High Court, Igbosere on Monday, November 18, granted the application of a Dane, Peter Nielsen, accused of killing his wife and daughter, to revisit the scene of the crime which was sealed off after the incident last year.
Cost of used and new imported vehicles is set to drop if the Ministry of Finance approves the proposal of the Nigeria Customs Service (NCS) which recommended a reduction of the levy from 35% to 5 or 10%.
Ex-Chelsea midfielder John Obi Mikel has labelled "incredible" Real Madrid winger Eden Hazard the laziest of all his former team-mates.
Deputy Senate President, Senator Ovie Omo-Agege, has described the All Progressives Congress (APC), victory in Bayelsa State as an assurance that more South-South states will be won by the party in future elections.
Director General, National Council for Arts and Culture (NCAC), Chief Olusegun Runsewe, on Friday said no fewer than 30 countries would participate in the International Arts and Crafts Expo slated to hold in Abuja.
President of the Senate, Ahmad Lawan, has said amendment to the Public Procurement Act 2007 by the National Assembly will guarantee successful implementation of the 2020 budget.
Italy was poised to declare a state of emergency for Venice Thursday after an exceptional tide surged through churches, shops and homes, causing millions of euros worth of damage to the UNESCO city.