L-R: Mr Mele Kyari, Group Chief Executive Officer, NNPC Ltd., )Governor of Delta State, Sheriff Oborevwori and the GMD of UTM Offshore Limited, Mr Julius Rone, at the Shareholders Agreement (SHA) signing between the NNPC Ltd., UTM Offshore (an indigenous company) and Delta State Government, on the development of the first Floating Liquefied Natural Gas (FLNG) facility in Nigeria

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By Emmanuella Anokam Mr Mele Kyari, the Group Chief Executive Officer (GCEO), Nigerian National Petroleum Company (NNPC) Ltd., says the company will utilise Nigeria’s abundant gas resources to revolutionise the nation’s power and industrial sector. Kyari said this in Abuja at a Shareholders Agreement (SHA) signing between the NNPC Ltd.,Continue Reading

Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri (R) with the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo (L), at the 2024 budget defence of the Ministry

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By Emmanuella Anokam The Ministry of Petroleum Resources has presented its budget of N9.641bn to the Joint Committees of Senate and House of Representatives on Petroleum Resources (Upstream and Downstream, as well as Gas Resources). The presentation was part of 2023 budget implementation and 2024 budget defence by Ministries, DepartmentsContinue Reading

L-R: Chairman and CEO of TotalEnergies, Patrick Pouyanné; Managing Director and Country Chair, TotalEnergies EP Nigeria, Matthieu Bouyer; Executive Vice President, Upstream, NNPC Ltd., Oritsemeyiwa Eyesan and GCEO of NNPC Ltd., Mele Kyari, at the signing of MoU between NNPC Ltd. and TotalEnergies

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By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for adoption and deployment of Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in its upstream operations. The agreement is a direct benefit from the Company’s participation at the recently concludedContinue Reading

Dr Orji Ogbonnaya Orji, NEITI Executive Secretary

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By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) has lauded Chevron Nigeria Limited’s voluntary willingness to sign on as a supporting company of the Extractive Industries Transparency Initiative (EITI). Dr Orji Ogbonnaya Orji, Executive Secretary, NEITI, while speaking with newsmen on Monday in Abuja said the Seplat EnergyContinue Reading

Mele Kyari, NNPC Ltd. GCEO

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By Emmanuella Anokam The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable. The Group Chief Executive Officer (GCEO) of the Company, Mr Mele Kyari, gave the assurance during an interactive session withContinue Reading

Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil)

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By Emmanuella Anokam The Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, says Nigeria will meet and surpass the 2024 crude oil production budget benchmark of 1.7 million barrels per day (bpd). Lokpobiri said this at a stakeholder’s interactive session on Creating Value and Enabling Investments in Nigeria’s OilContinue Reading

Executive Secretary, Nigeria Extractive Industry Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji

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By Lucy Ogalue The Executive Secretary, Nigeria Extractive Industry Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji, has called for stronger partnerships and collaborations among stakeholders to tackle corruption in Nigeria’s extractive industries. Orji said this at the United Nations International Anti-Corruption Day 2023 in Abuja on Friday. The News AgencyContinue Reading