House Panel Demands NNPC’s Response To Alleged $20.3bn Withdrawals         The House of Representatives has accused the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, of refusing to respond to an audit query issued against the corporation over alleged illegal withdrawals from...

Fed Govt To Conduct Oil Licensing Round In 2020   The Group Managing Director, Nigeria National Petroleum Corporation, Mr Mele Kyari, has said there will be a licensing round for ultra-deepwater assets next year. He also urged international oil companies operating in the country to stop worrying...

Poor Maintenance Culture Killed Nigeria’s Refineries – NNPC     The Nigerian National Petroleum Corporation has blamed the moribund state of the country’s refineries on lack of proper maintenance of its facilities over the years. Although the NNPC noted that Nigeria had one of the highest number of...

NNPC Strengthens Collaboration To Address Oil Spill   The Nigerian National Petroleum Corporation and the National Oil Spill Detection and Response Agency have expressed their willingness to work closer to mitigate the incidence of oil spill across the country. The Group Managing Director, NNPC, Mr Mele Kyari,...

Oil Projects In Nigeria Face Increasing Difficulties, NNPC Reveals   The Nigerian National Petroleum Corporation said on Monday that it had become increasingly difficult to make investment decisions in oil and gas projects in Nigeria. The Group Managing Director of NNPC, Mr Mele Kyari, said issues associated...

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the reforms embarked upon by the government are targeted at cutting petroleum products’ importation by at least 60 per cent by 2018 and thereafter position the country for net export by...