Industry

The Ministry of Petroleum Resources is set to speak to stakeholders in the Nigerian Oil and Gas industry on how energy security can be achieved in the country. Dr. Nasir Sani-Gwarzo, the Ministry's Permanent Secretary would be…
Read More...

…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director,…
Read More...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari says that N287 billion profit after tax made by NNPC in 2020 was a huge success after years of losses but not sufficient for Nigeria. …
Read More...

...NNPC warms up for IPO The Group Managing Director of the Nigerian National Petroleum Corporation NNPC Mr Mele Kyari on Thursday declared that days of declaring losses by the national oil company were over, as it has been planted…
Read More...

Shortly after President Muhammadu Buhari's declaration of Profit After Tax of N287 billion in Year 2020 by the NNPC, the GMD Mallam Mele Kyari hosted an International Press Conference, where he fielded questions from newsmen concerning…
Read More...

Nigeria’s gas production rose marginally by 0.3 per cent quarter-on-quarter, QoQ, in the first quarter of 2021, Q1’21, to 639.16 Billion Cubic Feet, bcf, compared to 637.24 bcf produced in the fourth quarter of 2020, latest data from…
Read More...

By Teddy Nwanunobi President Muhammadu Buhari, on Thursday, announced a profit after tax (PAT) of N287 billion by the Nigerian National Petroleum Corporation (NNPC). Valuechain reports that this is the first time in the…
Read More...

The Petroleum Industry Act (PIA) recently assented to by President Muhammadu Buhari has been described as a step in the right direction towards rejigging Nigeria’s oil and gas sector for enhanced development, productivity and…
Read More...

The Federal Government will continue to promote the use of natural gas as an alternative to Premium Motor Spirit, popularly called petrol, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva said this…
Read More...

*Orders investigation of 103m litres daily fuel evacuation *You made our day – Reps By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC), on Wednesday, explained that it bought 20 per cent into the Dangote…
Read More...