The Group Chief Executive Officer of the Nigerian National Petroleum Company, Mele Kyari, said official oil drilling will begin in Keana, Nasarawa State by March 2023. He stated this on Friday, January 13 during an official visit by the Nasarawa…
Nigeria could attain 2.2 million barrels crude oil production level in 2023, but for the Organisation of Petroleum Exporting Countries (OPEC) oil production quota restriction, the group chief executive officer of the Nigerian National Petroleum Company, Mele Kyari, has said.…
Investigations have revealed that Tantita Security Services engaged by National Petroleum Company Ltd (NNPCL) has arrested 68 illegal oil vessels stealing Nigeria’s crude oil. A senior official of NNPCL hinted Nigerian NewsDirect that over 68 vessels involved in crude oil theft have…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to make petroleum products available to the masses. The group said Nigerian masses are in agony over the scarcity of petroleum products, leading to the inability…
The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil mining licence (OML) 11 asset. This followed the adoption of a motion of urgent national importance by Rep Victor Mela…
By Seun Ibiyemi With the loan of $300million, which was used to acquire oil blocks from Chevron Corp, Nigerian National Petroleum Company Limited (NNPCL) is to supply 8,000 barrels of crude per day for four to five years. Bahamas-registered Bestaf…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari on Thursday led top officials of the National Oil Company and other stakeholders on an inspection tour of the N621 billion road projects being implemented by…
The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco and five West African Countries. The Nigeria National Petroleum Company Limited (NNPC Ltd), Morocco’s ONHYM…
The Independent Petroleum Marketers Association of Nigeria has disassociated itself from the current scarcity of the Premium Motor Spirit, also known as petrol, which is ravaging the country. IPMAN, in a statement signed by Ogun State Chairman, Mosinmi Depot, Femi…
Chevron Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL Joint Venture (JV) infill drilling project from 2022 to 2026. CNL’s, General Manager, Policy, Government and Public Affairs, Mr Esimaje…
