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The Department of Petroleum Resources (DPR), says reorganisation of the agency is in line with the Federal Government’s aspirations for the oil and gas industry.According to DPR, the move is also to ensure delivery of its…
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The House of Representatives Committee on Finance expressed the hope that the Petroleum Industry Act (PIA), 2021, will help put a stop to the payment of petrol subsidy by the government.The Committee expressed this position on…
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...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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LPG tank in Nigeria SOURCE: GoogleThe Federal Government has restated that the importation of Liquefied Petroleum Gas (LPG) for local consumption will continue to increase the price of cooking gas.It stated that the country…
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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 Nigerian National Petroleum Corporation (NNPC) has commissioned the Geological Research Centre at the Ibrahim Babangida University, Lapai, Niger State, named after its immediate past Group Managing Director, late Dr Maikanti…
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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 CorporationFollowing 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 IPOThe 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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