Tag: NNPC

Lai Mohammed’s subterfuge by moonlight By Festus Adedayo

Emporium Reporters

Last week, as Minister of Information and Orientation, Alhaji Lai Mohammed, was engrossed in his theatrics on television over the Lagos EndSARS panel report; I was wrapped in sobriety as I listened to Manchester-based UK pop group of artists called the Hollies. Renowned for being one of Britain’s leading musical groups of the 1960s and into the mid 1970s, especially with their unique and distinctive blend of a three-part vocal harmony style, Hollies’ renown got catapulted to the zenith through their highly evocative song entitled He Ain’t Heavy, He’s My…

AKK: NNPC, Nasarawa sign MoU on Gas utilisation …. as Gov Sule hosts gas business roundtable

Emporium Reporters

The Nigerian National Petroleum Corporation (NNPC) and Nasarawa State Government have signed a Memorandum of Understanding (MoU) on Gas utilisation, with a view to delivering value to the people of the state, particularly with the opportunities in the gas sector. The MoU was signed by the parties during the Nasarawa Gas Business Roundtable, at the late Aliyu Akwe Doma Banquet Hall, in Lafia, on Thursday. Speaking shortly after the signing ceremony, the Group Managing Director (GMD) of the NNPC, Mallam Mele Kyari, disclosed that the whole idea about the Federal…

Garba Deen Mohammed; A Round Peg In A Round Hole In NNPC By Abubakar Yusuf.

Emporium Reporters

The new Group General Manager,Group Public Affairs Division,Alhaji Garba Deen Mohammed is the best thing that has happened to the Nation’s oil industry regulator in recent time.   Deen ,a professional to the core and former National Chairman, Nigeria Guild of Editors(NGE), was reappointed not only to occupy the position in the current dispensation,but deploy his wealth of experience needed at this crucial point of Nigeria oil industry.   Coming at a time the age long Petroleum Industry Bill(PIB),was signed into law and transformed into Petroleum Industry Act (PIA),the needed…

The scandal in Port Harcourt refinery, by Eric Teniola

Emporium Reporters

Abracadabra is now commonly used as an incantation in the performance of magic. Literally it is used as the more you look, the less you know or see. Abracadabra is the best word t describe what is going on in Port Harcourt Refinery. The Refinery is situated at Alesa Eleme, which is 19km from Port Harcourt city. I have visited the refinery thrice. Twice I accompanied my two bosses, Alhaji Gidado Idris and Chief Ufot Ekaette, both late Secretaries to the Government of the Federation. My last visit to the…

Nigeria: From petrol to auto-gas, by Reuben Abati

Emporium Reporters

The Nigerian Government deregulated the downstream petroleum sector with effect from March 19, 2020. The key argument was that the fuel subsidy regime which gulps billions of Naira annually, had become unrealistic and unsustainable. One or two months later, with the impact of COVID-19 biting hard, disruptions in the global demand and supply chain turning everything askew and the corresponding effect of these factors on government revenue which had dipped terribly, government pointed to additional justifications for its action. It was further argued that the subsidy regime benefits the rich…

NNPC set to acquires 600km Two Dimensional Data to evaluate potentials of hydrocarbons in Bida Basin,others

Emporium Reporters

Efforts in search of the availability of commercial quantity of hydrocarbon have heightened in the Frontier Basins as Nigerian National Petroleum Corporation (NNPC) is set to acquire 600km of Two-Dimensional (2D) data to evaluate the potentials of Bida and Sokoto Basins. The Group Managing Director (GMD), NNPC, Mallam Mele Kyari, represented by the Group General Manager, Frontier Exploration Services (FES), Abdullahi Bomai of the corporation disclosed this while unveiling the 2D seismic data acquisition for the Bida/Sokoto Basins at the Government House, Minna. Mallam Kyari said the NNPC decided to…

House orders Committee on Petroleum Down Stream to investigate NNPC ,WRPC

Emporium Reporters

The House of Representatives has directed the Nigeria National Petroleum Corporation (NNPC) and the management of Warri Refining and Petro-chemica] Company (WRPC) to reinstate over 300 casual workers relieved of their jobs pending the outcome of a investigation into the issue. Adopting a motion initiated by Rep. Thomas Eveyitomi at the plenary presided by Speaker Femi Gbajabiamila, the House mandated its Committee on Petroleum Down Stream to probe the issue The committee was also asked carry out a forensic investigation into the recent recruitment of graduate trainees by the Nigerian…

Senate probes NNPC $396m Spent on Refineries

Emporium Reporters

The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on Turn-Around Maintenance of refineries in the country between 2013 and 2015. Accordingly, the Upper Chamber mandated the Committee on Petroleum Downstream, Upstream and Gas to carry out a holistic investigation on the Turn-Around Maintenance expenditures and the current state of the refineries as well as convoke a stakeholders conference with the aim of finding ways to revamp them. The decision to investigate spendings on maintenance of refineries by the…

NNPC, China Pipeline Company, Brentex Consortium, Firm Up Plans To Commence AKK Project

Emporium Reporters

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brentex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna- Kano pipeline project popularly known as AKK project, a release by the National Oil Company’s Acting Group General Manager, Group Public Affairs Division, Mr. Samson Makoji, stated. Group Managing Director of the NNPC, Mallam Mele Kyari, gave this indication when he received the President of CPPECL, Sun Quanjun and the head of the Brantex Consortium at the NNPC Towers in Abuja. Mallam Kyari…

NNPC Signs Oil Deals With Russian Oil Company, LUKEOIL

Emporium Reporters

Nigeria and Russia on Thursday in Sochi, Russia, signed a Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum Corporation (NNPC) and Russia’s Lukeoil to elevate commercial relationship to a government-to-government backed partnership. With signing of the MoU, NNPC and Lukeoil will work together in upstream operations and revamp Nigeria’s refineries. Group Managing Director of NNPC, Mele Kyari and Vagit Alekperov, President of leading Russian oil company, Lukeoil, signed the MoU, which entail cooperation in deep offshore exploration of oil in Nigeria, production, trading and refining.…