Industry

...It's gattered that following their petition, the president requested the Head of Service... President Muhammadu Buhari has directed the Department of Petroleum Resources (DPR) to immediately recall 11 deputy directors who were…
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The Nigerian National Petroleum Corporation, NNPC, has assured a steady supply of 300,000 barrels a day, b/d of crude to the 650,000 b/d Dangote oil refinery, which is still under construction. The plan is to bolster domestic…
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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…
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…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,…
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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. …
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...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…
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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…
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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…
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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…
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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…
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