How the Mallam Mele Kyari-led company was rocked by terrible man-made brain drain, the Tompolo deals and $1.5bn refinery spending, the former group Executive director opens up in a review of 19 years of crash in company’s productivity, efficiency A former group Executive director of the Nigerian National Petroleum Corporation, Alex Ogedegbe, has lamented the lack of investment in training of the personnel of the Nigerian National Petroleum Company Limited (NNPCL) over the years. He said this is what has been responsible for the current incompetency that is being…
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Marginal Field, Discretional Oil Blocks Allocation Era Gone – NNPC, NUPRC
Kyari appraises NNPC’s PSCs renewal deals with Shell, Chevron , ExxonMobil The oil sector regulator and government operator on Thursday officially declared the era of marginal fields and discretional oil blocks allocation gone in Nigeria. The Chief Executive, Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, and the Chief Executive Officer of the NIgerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, unanimously said this at the 2022 Strategic International Annual Conference organised by the National Associaton of Energy Correspondents (NAEC) in Lagos. READ ALSO: Nigeria Eyes $500bn, Renews…
Read MoreRussia: EU Courts Nigeria, Surges Demand For Country’s Gas
EU Ambassadors in Nigeria Visits NNPC, seeks increase in Liquefied Natural Gas (LNG) supply The European Union has, “as a result of the current geopolitical situation in Europe,” courted Nigeria for an increase in demand for the country’s gas. Platforms Africa reports that European Union (EU) Ambassadors in Nigeria on Monday paid a courtesy call on the Management of the Nigerian National Petroleum Company (NNPC) Ltd, seeking to strengthen its partnership with Nigeria in the energy sector. READ ALSO: Russia Shuts 1.4m bpd Exports Pipeline, Worsens Oil Prices Surge…
Read MoreBREAKING: Buhari Appoints Board, Mgt of NNPC Limited + Names of Appointees
The name of Senator Ifeanyi Ararume was not found on the list of appointees sighted Platforms Africa contrary to earlier list sent to the Senate where the President recommended the Senator as Chairman of the board President Muhammadu Buhari has appointed the Board and Management of the Nigerian National Petroleum Company Limited as he also released full names and regions of members of the board. It will be recalled that President Buhari had last September written the Senate on the administrative structure amendments to the Petroleum Industry Act, which included…
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