There’d be adequate fuel supply in Easter, NNPC reassures (Nation) The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Friday said that the corporation is now accountable for 75 per cent of gas supply…
NNPC pays $1.5bn cash call debt to IOCs (Punch)
The Nigerian National Petroleum Corporation says it has reduced cash call arrears owed to international oil companies, its Joint Venture partners, by $1.5bn. The corporation has cash call arrears of $5.1bn. Group Managing Director of NNPC, Dr Maikanti Baru, said…
Lawyer threatens to drag NNPC to court over recruitment (Punch)
An Abuja-based lawyer, Mr Pelumi Olajengbesi, has faulted the age criterion placed on the ongoing recruitment of the Nigerian National Petroleum Corporation. In a letter written to the Group Managing Director of the NNPC, Dr Maikanti Baru, on March 26,…
Oil workers to FG: Revive Nigeria’s refineries (Independent)
The Petroleum and Natural Gas Senior Staff Association of Nigeria has implored the Federal Government to increase the nation’s local refining capacity and remove all observed encumbrances to full rehabilitation of all the four refineries. The Group Managing Director of…
Paradox of an oil producer (New Telegraph)
Recently, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, was full of excitement as he rolled out what he called the achievements of the Corporation in 2018. Noting that the three refineries in Nigeria have suffered…
Nigeria to raise oil, condensate outputs in 2019 (Guardian)
Nigeria is to increase its daily oil production to 1.8 million in 2019. It would also raise its condensate output by 0.5 million bpd during the period. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti…
Fuel Supply: NNPC set to control more than 14% market share (Vanguard)
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the Corporation is set to control more than 14 per cent local market share of fuel supply in Nigeria. Speaking during the NNPC Day at…