As Baru exits without answer for refineries, can Kyari change the narrative?
First, he (outgoing GMD of Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru) started in 2016, by telling Nigerians that his leadership will carry out Turnaround maintenance (TAM) that will jump the installed capacities of all four refineries to highest…
Oil export under threat as fire guts Trans Forcados Pipeline spill site in Delta
Explosion followed by massive inferno Monday engulfed a spilled site along the Trans Forcados Pipeline within the Chanomi Creeks in Yeye community of Burutu Local Government Area of Delta. Heritage Energy Operational Services Limited, operator of the crude pipeline, confirmed…
Good news in SE as NNPC resumes fuel sales from Enugu, Aba depots Dec 1
Strong indications have emerged that the seasonal fuel scarcity that usually characterizes the entire South East during end of the year yuletide may not resurface this year. Reason; the Managing Director of the Petroleum Products Marketing Company (PPMC), a subsidiary…
NNPC set to announce contractor-financiers for all four refineries, Eni fingered
Strong indication emerged Monday evening that the Ministry of Petroleum through the Nigerian National Petroleum Corporation (NNPC), any moment from now, will announce foreign contractor-financiers for the revival of bellow capacity producing national refineries. Currently, all the national refineries including…
Anxiety as Nigeria struggles to sale loaded crude cargoes upon jumping oil price
…Crude now stands at $85 with chances of hitting $100 before year end Contrary to speculations by industry pundits that Nigerian economy stands on a pedestal to earn more as crude oil prices continues it jumping spree to $85, lack…
NLNG needs $12b to fund two new processing units to drive expansion—US Report
New York-based Teneo Intelligence has released a new report on the activities of Nigerian Liquified Natural Gas (NLNG), saying it will require investment of about $12 billion to fund the construction of two new processing units, known as trains. Before…
NNPC silent on exploring oil in Anambra, Ebonyi, restarts search in Benue trough
Barely one week after the federal government confirmed Anambra State as oil producing state following the delineation and resting of the controversial contiguous border issues with Kogi State which had been hanging for years, the Nigerian National Petroleum Corporation (NNPC)…
C’River, Ebonyi beg for oil exploration as insecurity hampers search in North
Opinion leaders in South East have continued to call on the federal government to start exploration of several discovered oil wells in parts of Anambra and Ebonyi States for the economic development of the nation. Some of the oil wells…
ATCON, Koenig Solutions India plan international summit on cyber security
Leading telecoms pressure group, the Association of Telecommunications Companies of Nigeria (ATCON), has concluded arrangement with Koenig Solutions Limited India to hold a 3-day intensive International Workshop on Cyber Security with the theme Emerging Cyber Security Threats and Countermeasures, slated…
Fuel queues’ll disappear by weekend in Abuja, others—NNPC
Just as fuel scarcity is still biting hard, the Nigerian National Petroleum Corporation (NNPC) on Thursday evening reassured Nigerians that the lingering scarcity will ease by weekend. Spokesman of the agency, Mr Ndu Ughamadu, told newsmen in Abuja that there…
