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NNPC About Selecting Financiers for Refineries

NNPC About Selecting Financiers for Refineries The Nigerian National Petroleum Corporation (NNPC) is inching closer to arriving at the choice of financiers for the Port Harcourt Refining Company Limited (PHRC), Warri Refining and Petrochemical Company Limited (WRPC) and the Kaduna Refining and Petrochemical Company Limited. The...

Gas Production In Nigeria Hits Seven Billion Cubic Feet Daily

Nigeria’s gas production has reached seven billion cubic feet per day (cf/d), according to the Nigerian National Petroleum Corporation (NNPC). The Group Managing Director, Dr. Maikanti Baru, who made this disclosure in Lagos, during a Gas Roundtable organised by Nigerian Gas Association (NGA), noted that...

Senate Under Pressure To Drop Probe Of $25b NNPC Contracts

As the Senate postponed the commencement of its planned investigation into the alleged award of $25 billion worth of contracts in the Nigerian National Petroleum Corporation (NNPC), there are indications that the Presidency has initiated moves to avert serious probe into the allegations. Following the...

Kachikwu, Baru Unite At Economic Summit

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu and  Group Managing Director of NNPC, Mr Maikanti Baru, have met  and discussed opportunities  to further develop the  nation’s oil and gas sector. They met in Abuja at the ongoing Nigerian Economic Summit at the...

Kachikwu Keeps Mum After Meeting Buhari

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, did not disclose the outcome of his meeting with President Muhammadu Buhari to State House correspondents on Friday. The closed-door meeting, which was held inside the president's office at the Aso Rock Presidential Villa in Abuja,...

NNPC, ExxonMobil Collaborate To Increase Oil Output

The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil are collaborating to expand existing operational portfolio aimed at increasing the country's crude oil output. Group Managing Director of NNPC, Dr. Maikanti Baru, said this in Abuja after a meeting with a high-powered ExxonMobil delegation led by...