NNPC, Chevron share COVID-19 palliatives in Kano
The Minister of State for Petroleum Resources, *Chief Timipre Sylva* on Saturday, led the Nigerian National Petroleum Corporation and its partners – Chevron Nigeria Limited (in the Upstream) and Bovas & Company Limited (in the Downstream) to distribute medical consumables,…
NNPC Will No Longer Run Refineries – Kyari
The Nigerian National Petroleum Corporation (NNPC) will no longer be involved in the management of the nation’s refineries after their rehabilitation. This was disclosed Wednesday by the Group Managing Director of NNPC, Mallam Mele Kyari. He disclosed that upon completion…
Just in: Final Investment Decision on $10bn NLNG Train 7 taken in Abuja
Fresh boost today, December 27, 2019 emerged for the Nigerian gas sector following the successful Final Investment Decision (FID) for Train 7 Project of the Nigeria LNG Limited (NLNG) in Abuja. The construction period after FID will last approximately five…
Chevron, NNPC seal EGTL Settlement Agreements to deepen domestic gas access
…Highlight socio-economic feats in Nigeria The management of the leading international oil and gas conglomerate, Chevron Nigeria Limited (CNL) has given insights on the expected advantages of newly sealed Escravos Gas-To-Liquid (EGTL) Project Settlement Agreements entered into by it and…
Stakeholders’ still hopeful, waiting for FID on both LNG Train 7, Brass LNG
Even as 2019 curtain draws, industry stakeholders have expressed surety that the Federal Government under President Muhammadu Buhari will cause the Final Investment Decision (FID) on both two hanging gas schemes; the LNG Train 7 and Brass LNG. The delay…
Dangote Refinery to save Nigeria’s $10bn annual petroleum products imports—Minister
Ahead of 2023 new deadline for end of refined petroleum imports given recently by the GMD of NNPC, Mr Mele Kyari, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Sunday disclosed in Lagos that “We are very…
Which exact company is repairing Nigeria’s moribund refineries?
Or better put, out of all the countries toured by both President Muhammadu Buhari and NNPC GMD, Mele Kyari, which one is the real investors coming to revive Nigeria’s refineries from? Analysts say this question has become pertinent considering the…
Exploration resumes as NNPC, SPDC, Belema settle Oil Mining Lease 25 dispute
Finally, peace has returned between the Nigerian National Petroleum Corporation (NNPC), joint venture partners, Shell Production Development Company (SPDC), and Belema Oil following the resolution of the dispute on the operation of Oil Mining Lease 25. Signing the dispute closure…
NNPC yet to begin refineries’ revival plan as it seals $2.5bn Chinese pipeline deal
Plans of delivering its inauguration pledge of making all four moribund refineries to begin export of refined products effective 2023 have remained in the cooler of the Nigerian National Petroleum Corporation (NNPC). Recall that the Group Managing Director of the…
NNPC yet to react to ministerial nominee, Jeddy Agba’s outburst on refining grafts
Though Mr. Jeddy Agba, an experienced oil and gas expert was recently at the Senate Chambers for his ministerial screening and confirmation possibly as the next Minister of Minister of State for Petroleum, three key issues he raised against the…
