The Nigerian National Petroleum Company Limited (NNPCL) has solicited the support of the Economic and Financial Crimes Commission (EFCC) in the current efforts of the Federal Government to combat the crude oil theft incidents nationwide in view of the destructive impacts on the nation’s economy. The Group Chief Executive Officer of NNPCL, Mele Kyari, appealed […]
As discourses on finding sustainable solutions for a de-carbonized energy future continue to gain stronger momentum globally, the Group Chief Executive Officer of Nigeria National Petroleum Company Limited, (NNPCL), Mr. Mele Kyari, has canvassed the need for global leaders to support “a just, differentiate transition” for Africa to enable it harness its hydrocarbon resources for […]
Nigeria has been reported as grappling with a mounting debt of $3 billion owed to trading houses and oil majors for fuel supplies. A news report from Reuters at the weekend indicated that the country’s repayment default to some major oil companies such as Vitol and BP had now reached four to six months behind […]
…….as PENGASSAN suspends industrial action at ExxonMobil There are strong indications that Nigeria’s crude oil exports may increase by about 300,000 barrels per day as Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its industrial action at all Mobil Producing Nigeria Unlimited (MPNU) and Esso Exploration and Production Nigeria […]
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, has projected that Nigeria’s crude oil production output would soon hit the 1.8 million barrels per day (mb/d), quota set by the Organisation of Petroleum Exporting Countries (OPEC) for the country. Kyari made this forecast at a conference chaired by […]