It was a joyous night for the Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kachalla Baru whose appointment was heralded by jubilation. He provided a smooth transition in NNPC. The awards night which signified Baru’s last day at Nigeria Oil & Gas Conference and Exhibition was enlivened with…
The new Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation will partner with Economic and Financial Crimes Commission (EFCC) to fight corruption in its operations. Kyari disclosed this in his address at the Valedictory Session held for the outgoing GMD, Dr Maikanti Baru, in Abuja on Monday. Kyari is…
The Former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru has urged the new management team of the corporation to ensure transparency in carrying out its duties. Baru gave the advice at a valedictory session and handover to the incoming GMD, Malam Mele Kyari in Abuja on Monday. “I will like…
Fire disasters associated with the impairment of petroleum product facilities have more or less become a recurring decimal in Ijegun community, Lagos State. While some were accidental, a lot more were self-inflicted and patently avoidable. The incident that happened in the same area few days ago reportedly culminated in the loss of lives. Twenty-one…
With a promise to reactivate all four refineries before the expiration of President Muhammadu Buhari’s administration in 2023, Mele Kyari yesterday took the baton from Dr. Makanti Baru as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). He also pledged his readiness to work towards the delivery of the Dangote…
The Special Presidential Investigation Panel for the Recovery of Public Property says an oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), is indebted to the Federal Government to the tune of $1.6bn, The PUNCH reported. The money translates to about N684bn at N360 to $1 exchange rate. According to the panel, which is led by…
President Muhammadu Buhari has met the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Kolo Kyari, at the Presidential Villa, Abuja. Mr Kyari was accompanied to the meeting on Tuesday by his predecessor, Maikanti Baru. Mr Buhari met with the duo around 11.30am in his office. Kyari formally took over…
THE Department Of Petroleum Resources (DPR) on Thursday sealed two Liquefied Petroleum Gas (LPG) stations in Lagos safety reasons. The first was Petrocam in Ayobo, Alimosho Local Goverment Area of Lagos. It was totally sealed by DPR officials for allegedly operating without approval; operating in a residential area, and in a building under direct high…
Major Oil Marketers Association of Nigeria (MOMAN) says total deregulation of downstream oil sub-sector remains best option for Nigeria. Mr Tunji Oyebanji, MOMAN Chairman, made this known in an interview with source on Sunday on the sideline of the Nigerian Oil and Gas Conference held in Abuja, Nigeria’s capital. According to him, marketers don’t get foreign exchange at…
The 19th Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Melee Kolo Kyari, takes over from his predecessor, Maikanti Baru, who retired from the service of the corporation on July 7 after attaining the statutory 60 years retirement age. Until his appointment, Mr Kyari was Group General Manager, Crude Oil Marketing Division of the NNPC….