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By Sadou Jattu Since last week when the Federal Executive Council (FEC) approved the sum of $1.5bn for the rehabilitation of the Port Harcourt Refinery, all hell has been practically let loose. Well-meaning Nigerians from all walks of…
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The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing engagement with the organized labour and other stakeholders. …
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…Posts Petroleum Products Sale of ₦288.77billion The Nigerian National Petroleum Corporation (NNPC) has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands at ₦24.19billion compared to the…
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By Teddy Nwanunobi The Federal Government has begun to receive signature bonuses for its 57 marginal oilfields, as bid winners have begun to pay up, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has revealed. …
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*As Afreximbank insists NNPC ’ll not operate PH Refinery – Kyari By Teddy Nwanunobi The Port Harcourt Refinery is not the only refinery the Federal Government is looking forward to reviving, as it has revealed that it was planning to…
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By Teddy Nwanunobi The Nigerian National Petroleum Corporation (NNPC), in a statistics, revealed that Nigeria’s gas production recorded a marginal decline by three per cent to 3,004.06 Billion Cubic Feet (BCF) in one year covering…
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By Teddy Nwanunobi The House of Representatives has called on the Federal Government, through the Department of Petroleum Resources (DPR) and the National Oil Spill Detection and Response Agency (NOSDRA), to punish the duo of Shell…
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*Insists Nigeria has “completely complied” with OPEC By Teddy Nwanunobi Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that Nigeria currently produces between…
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…Provides Justification for $1.5billion Refinery EPC Project The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has described the recently approved rehabilitation exercise of the…
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By Teddy Nwanunobi The 2,500 barrels per day (bpd) Duport Modular Refinery that is being established at Egbokor, Edo State, has reached 80 per cent completion, and would be ready for inauguration by the fourth quarter of 2021 (Q4’21),…
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