The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mele Kyari, has said its posting of N287bn profit after tax in the 2020 financial year was due to effective cost management. Kyari stated this at a press conference in Abuja…
The Nigeria’s 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 fuel supply…
The Nigerian National Petroleum Corporation (NNPC) is considering an Initial Public Offering (IPO) after declaring a profit, the first in its 44-years of operation. “A listing would draw on the experience of Saudi Aramco, the Saudi Arabian oil giant that…
President Muhammadu Buhari has announced a Profit After Tax (PAT) of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020 for the first time in its history 44 years. Buhari in a statement issued on Thursday by his…
…As Kyari assures gas supply will revamp industries Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian National Petroleum Corporation (NNPC) and the Kaduna State Government have signed a Memorandum of Understanding (MoU) for utilisation and expansion of gas supply…
President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020. The president made the declaration in a statement by his Special Adviser…
By Uthman Salami The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has explained that the three per cent profit from operating cost of oil companies in Nigeria, earmarked by the newly signed Petroleum Industry Act…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of the Board of the NNPC Greenfield Refinery Limited (NGRL), to explore all available options to bring an end to the current challenge…
A significant step towards redeeming the pledge by the Nigerian National Petroleum Corporation (NNPC) to intervene in the perennial electric power supply challenge in Maiduguri, Borno State, was taken Tuesday with the execution of the Engineering, Procurement, and Construction (EPC) and…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the Corporation’s commitment to supporting the Nigeria Liquefied Natural Gas (NLNG) Limited towards achieving its goal of becoming a global LNG company of choice.…
