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 NNPC Awards Oil Swap Contracts to 34 Firms

NNPC Awards Oil Swap Contracts to 34 Firms

GUARDIAN The Nigerian National Petroleum Corporation (NNPC) yesterday issued award letters to oil firms for the highly sought-after contracts to exchange crude oil for imported fuel. Under the new contract that will take effect this month, a total of 15…

 Four refineries to work by 2023, says NNPC boss

Four refineries to work by 2023, says NNPC boss

THE NATION With a promise to reactivate all four refineries before the expiration of President Muhammadu Buhari’s administration in 2023, Mele Kyari yesterday took the baton from Dr. Makanti Baru as the Group Managing Director (GMD) of the Nigerian National Petroleum…

 Sell the worthless refineries!

Sell the worthless refineries!

GUARDIAN A report that Nigeria’s four refineries are currently operating at just 5.55 per cent of their combined installed capacity of 445,000 barrels per day means that the refineries are barely producing 24,698 barrels per day, indicating gross under-performance, which…

 Buhari replaces Kachikwu on NNPC Governing Board

Buhari replaces Kachikwu on NNPC Governing Board

VANGUARD The Federal Government, Tuesday, appointed a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Thomas John, as Acting Alternate Chairman of the NNPC Governing Board. John is to replace Dr. Ibe Kachikwu, the immediate past…

 NNPC to resume oil exploration in Chad Basin

NNPC to resume oil exploration in Chad Basin

GUARDIAN Two years after it suspended work following the abduction and subsequent death of 37 members of its oil prospecting team, the Nigerian National Petroleum Corporation (NNPC) is to resume exploratory activities in Chad Basin. The nation oil agency said…