In 3 Years, NNPC Paid Itself N1.53trn As Subsidy On Petrol       The Nigerian National Petroleum Corporation, NNPC, paid itself N1.53 trillion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in three years and six months, from January 2017 to June 2020, according...

Kyari Decries PIB Delay, Says Foreign Investors Losing Confidence       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil...

NPDC Planning 500,000 Barrel Of Crude Oil Per Day – NNPC Boss     Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its production to 500, 000 barrels of crude oil per day...

NNPC Reports Explosion at NPDC’s Benin River Valve Station (BRVS)   The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture. The incident, which occurred...

One Year After, Oil Stakeholders Laud Kyari’s Leadership In NNPC   On June 20, 2019, President Muhammadu Buhari appointed Mallam Mele Kyari as the 19th group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC). At the time, many Nigerians thought it was one of...

Tension At NNPC As PENGASSAN Threatens Strike     There was tension at the Nigerian National Petroleum Corporation on Wednesday, prompting the Petroleum and Natural Gas Senior Staff Association of Nigeria to threaten that it may embark on an industrial action soon. It was gathered that the threat...