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NNPC Targets China to Boost Crude Oil Reserves

The Nigerian National Petroleum Corporation says strategic partnership and new investments in the Upstream Petroleum Sector are essential for it to actualize the nation’s crude Oil reserves and 3m barrels per day oil production target by 2023. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, …

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NNPC, NOSDRA Pledge Collaboration to Stem Oil Spill

  The Nigerian National Petroleum Corporation (NNPC) and the National Oil Spill Detection and Response Agency (NOSDRA) have expressed their willingness to work closer aimed at mitigating the incidences of oil spill across the country. Group Managing Director of the NNPC, Mallam Mele Kyari, made this known when he received …

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NNPC to Extend Trade Relations with Turkey beyond Oil

The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed this during a courtesy visit by the Ambassador of the Republic of Turkey to Nigeria, His Excellency Melih Uluren, at the …

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NNPC Not Competing with Dangote Refinery – Mele Kyari

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, on Wednesday declared that the national oil company was not in contest for market share with the forthcoming Dangote Refinery but rather providing support to the promoters of the project to boost in-country refining capacity. …

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NNPC Has Nothing to Hide – Mele Kyari

The Nigerian National Petroleum Corporation, NNPC has cleared the air on alleged financial breaches in its operations by the Special Presidential Investigative Panel for the Recovery of Public Property. Speaking while receiving the Chairman and members of the Panel at the NNPC Towers on Monday, Group Managing Director of the …

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NNPC Seeks Chevron’s Support to Build Condensate Refinery

As part of efforts to grow local refining capacity, the Nigerian National Petroleum Corporation (NNPC) has called for collaboration with Chevron Nigeria Limited to establish a condensate splinter refinery. The appeal was made by the Group Managing Director of NNPC, Mallam Mele Kyari, when the management of Chevron Nigeria Limited …

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The OFID launches new strategy, sets sights on sustainable growth and maximum development impact

The OPEC Fund for International Development (OFID) and its highest policy-making body, the Ministerial Council, held its 40th Annual Session in Vienna, Austria, has approved the general principles of OFID’s new Strategic Framework. The new strategy affirms OFID’s commitment to providing support to developing countries, especially low income countries in …

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