The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has assured of the Corporation’s readiness to consider communities within the Federal Capital Territory in citing Corporate Social Responsibility (CSR) projects in the nearest future. Speaking while receiving a delegation of...

As four of the nation’s crude oil grades remain under force majeure and the schedule for two other grades face delay, the country is losing at least N10.7bn in revenue daily. Following the declaration of force majeures on the grades, more than 700,000 barrels per...

The Nigerian National Petroleum Corporation NNPC is to commence the search for crude oil and other hydrocarbon exploratory activities in the Benue Trough. The Group Managing Director of the NNPC, Mr. Maikaniti Baru made the disclosure while receiving a delegation from the Benue State Government,...

When the newly appointed Group Managing Director (GMD) of the Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Kacalla Baru recently met with various security chiefs and agencies, he knew exactly that without the cooperation of these agencies, the oil exploration and exploitation in the...

The drop in Nigeria’s crude oil revenue in the first quarter of 2016, put at N53.72bn, is higher than the total amount the nation lost in the whole of 2015 (N51.3bn) as a result of incessant attacks on pipelines conveying petrol. Nigeria’s crude oil export...