Industry

At the just concluded Nigerian International Energy Summit, the Group Managing Director/Chief Executive Officer (GMD/CEO) of Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, announced that NNPC is vigorously…
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"Let me use this opportunity to once again canvass for the creation of an African Local Content Fund that could be utilized to set up a bank or financial institution to provide funding for the development of oil and gas projects in…
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At the current pace of Nigeria’s exploitation and utilization of its natural gas resources, it may be difficult for the nation to deliver adequate energy to its growing population and to supply the required feedstock to power its…
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The Senate Committee on Finance, in one of its bid to recover and increase revenue to bridge recurrent budget deficits, has directed the Nigerian Upstream Petroleum Regulatory Commission, (NUPRC) to stop all foreign companies lifting…
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Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed sadness over the diversion of petroleum products meant for the South Eastern states to other parts of the country, particularly Lagos and Abuja. Alhaji…
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By YANGE IKYAA The Senate has received a formal from President Muhammadu Buhari to confirm four nominees as Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).  The request was contained in a…
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Mele Kyari and Bala Wunti are two of a kind. They are men of open trust, whose stewardship is shorn of insolence and suspicion. Some have likened them to the healing stems to the public service’s putrid branches. The…
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The Group Managing Director of the Nigerian National Petroleum Company Ltd, Mallam Mele Kyari on Tuesday told the House of Representatives Committee on Public Accounts that the Company has nothing to hide in its operations. The…
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The financial pressure on the three tiers of the Nigerian government is escalating as deductions from the oil revenue, the major source of inflow to the Federation Account, rise sharply. The Vanguard Public Finance Report findings…
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The Federal Government through the Nigerian National Petroleum Company Ltd is planning massive investments in pipeline infrastructure that will deliver gas from Nigeria to Europe through the North African region. The Group Managing…
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