NNPC Seeks Capacity Upgrade For Indigenous Operators       The Nigerian National Petroleum Corporation has said indigenous companies operating in the nation’s oil and gas sector must upscale their capacity for global competitiveness. The NNPC said this would help to achieve the target of reducing the cost of...

Foreign Investors Losing Confidence In Nigeria’s Oil Industry — Kyari       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...

78 Firms Bid To Rehabilitate Pipelines, Depots – NNPC       The Nigerian National Petroleum Corporation on Sunday announced that 78 companies submitted virtual bids to rehabilitate its downstream pipelines, associated depots and terminal infrastructure through the finance, build, operate and transfer model. NNPC’s Group Managing Director, Mele...

Petrol Subsidy Removed Because Of Fraud - Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, said the Federal Government removed subsidy on petrol because of fraud. Kyari said some cabals which he failed to identify perpetrated the fraud in the oil...

NNPC Commences Rehabilitation Of Refineries       The Nigerian National Petroleum Corporation (NNPC) has audited the government’s ailing refineries and mobilised funds and technical resources to restore them to full operating capacity within the shortest possible time to crash fuel prices and guarantee energy security. The move has...

NNPC To Support Deployment Of Gas Facilities     The Nigerian National Petroleum Corporation has pledged to support ongoing initiatives by the Federal Ministry of Petroleum Resources to provide alternate energy source to Nigerians. It said this would be through aggressive activation of Compressed Natural Gas refill stations...