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   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...

NNPC To Publish Details Of Contracts This Month The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said that the oil firm would respond to calls for the disclosure of contracts and contractors later this month. He said the biggest contracts...

NNPC: Non-passage Of Petroleum Bills Limiting Oil Investments   The Nigerian National Petroleum Corporation has said the volume of foreign investment flow into the country will not be as robust as it should be until the petroleum legislation for the oil and gas sector is passed. The...

NNPC Boss, Kyari Explains $1.8bn OMLs Renewal Fee   The Nigerian National Petroleum Corporation has said that it is unnecessary for it to pay the 60 per cent ($1.8bn) lease renewal fees, which is its equity contribution in the Oil Mining Leases 67, 68, and 70. This,...

We've No Plan To Increase Fuel Price - NNPC   The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of a planned hike in the pump price of Premium Motor Spirit, popularly known as petrol. It explained...