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Crude Oil Demand’ll Remain High Beyond 2040, Says Kyari

Crude Oil Demand’ll Remain High Beyond 2040, Says Kyari   The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said that fossil fuel will remain relevant in the global energy mix for decades to come. He said contrary to assumptions in some quarters,...

Border Closure Has Significantly Reduced Petrol Smuggling – NNPC

Border Closure Has Significantly Reduced Petrol Smuggling - NNPC   The recent closure of Nigeria’s borders has significantly led to a reduction in the smuggling of Premium Motor Spirit, popularly known as petrol, out of Nigeria, the Nigerian National Petroleum Corporation has said. Economic Confidential had in...

NNPC Wants DSS’s Assistance On Debt Recovery, Vandalism

NNPC Wants DSS's Assistance On Debt Recovery, Vandalism   The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has asked the Department of State Services to assist the NNPC in its effort to recover outstanding debts as well as curb pipeline vandalism. Kyari...

NNPC’ll Sack Fraudulent Depot Managers, Says Kyari

NNPC'll Sack Fraudulent Depot Managers, Says Kyari   The Nigerian National Petroleum Corporation will sack depot and areas managers involved in underhand dealings in the downstream sector, the oil firm’s Group Managing Director, Mele Kyari, has said. Kyari also charged managers of the Nigerian Pipelines and Storage...

Crude Reserve’ll Hit 40bn Barrels In 2023, Says NNPC

Crude Reserve'll Hit 40bn Barrels In 2023, Says NNPC   The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday, said significant progress had been made in the ongoing exploration of inland basins and that the target of growing the nation’s reserve...

Crude-For-Fuel-Swap Remains Until 2023 – Mele Kyari

Crude-For-Fuel-Swap Remains Until 2023 - Mele Kyari   The Nigerian National Petroleum Corporation (NNPC) is to maintain the current policy of swapping crude oil for petroleum products until 2023 to guarantee uninterrupted supply of petroleum products, its Group Managing Director of Mallam Mele Kyari, has said. According...