Abuja — Nigeria’s central bank governor Godwin Emefiele has been nominated for a second five-year term, a move that could comfort bondholders keen to see the bank’s policy of a stable and strong currency continue. President Muhammadu Buhari, who has backed Emefiele’s monetary policy, nominated him for another term, according to a letter read on the…
Paris — It took Total’s chief executive and a small group of advisers just days to line up the French energy major’s biggest acquisition in almost two decades when it agreed to buy the African assets of U.S. firm Anadarko. Patrick Pouyanne pounced after Occidental Corp trumped Chevron’s $33 billion bid for Anadarko in April with…
Nigeria’s court case alleging that international oil companies exported 57 million barrels of crude to the United States illegally has been dismissed for want of evidence A NIGERIAN court on Wednesday dismissed government claims that subsidiaries of Eni and Petrobras illegally exported crude oil to the United States. A judge at the Federal…
Group Managing Director of the Nigerian National [Petroleum Corporation (NNPC), Dr. Maikanti Baru, declaring open the control room of the NNPC Towers Electronic Gate Access and Visitors Management System; flanked to the left by Mallam Isa Inuwa, Chief Operating Officer, Corporate Services and to the right by Sam Otoboeze, General Manager, Group Security Department and…
Global liquefied natural gas market is set to see sharp shifts between excess supply and excess demand during the 2019 to 2023 period. RECENT years have seen rapid growth in the global market for LNG, with volumes of exports and imports up 10 percent in 2018 alone. This expansion is set to continue apace…
The Petroleum Technology Association of Nigeria gives Maikanti Baru outstanding lifetime achievement award MAIKANTI Baru, group managing director of the Nigerian National Petroleum Corporation, NNPC, has been conferred with the 2019 Petroleum Technology Association of Nigeria, PETAN, Outstanding Lifetime Achievement Award in recognition of his leadership and contributions to the development of the local content in…
PETAN AWARDS @OTC 2019 Group Managing Director, NNPC, Dr Maikanti Baru receives PETAN’s Lifetime achievement award at #OTC2019 The Chief Operating Officer (COO), Upstream, Engr. Bello Rabiu, receiving the Award on behalf of Dr Baru
… Advises Nigerian Companies to Embrace Technology By Margaret Nongo-Okojokwu, in Houston Texas The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has reiterated the commitment of the corporation to reduce the cost of crude oil production in the nation’s Oil and Gas Industry to ensure economic…
By Margaret Nongo-Okojokwu, in Houston Texas Houston — The Nigerian government has assured the international oil and gas community that the country’s maritime sector is safe for investment and that a special tax regime are under consideration to grow capacity for the industry in the country. Addressing Journalists at a technical workshop on deepwater exploration…
The projection by the Federal Government that Nigeria would begin fuel export by the end of 2019 is being threatened by imminent failure of 33 modular refinery licensees across the country.These modular refinery licenses, checks by New Telegraph shows, are yet to secure Authority to construct (AtoC) several years after the Department of Petroleum Resources…
