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NNPC: Kyari's Two Years in the Saddle


Mallam Mele Kyari
Peter Uzoho reviews the performance of the Nigerian National Petroleum Corporation, the Group Managing Director, Mallam Mele Kyari two years after his appointment
Last Thursday made it the second year in office of the current Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari as the 19th GMD of the national oil company.
Already aware of the expectations of Nigerians, who are the shareholders of the NNPC, the nation’s oil and gas industry and other stakeholders in the affairs of the corporation, Kyari hit the ground running right from the day of his inauguration. ....

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Insecurity: Stop explosives sale to oil firms, Reps tell NSA, ministry


Punch Newspapers
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Published 17 March 2021
The House of Representatives Committee on Mines and Steel Development has asked the National Security Adviser, Maj. Gen. Babagana Monguno (retd.), and Minister of Mines and Steel Development, Mr Olamilekan Adegbite, to immediately stop issuing and revoke to sell explosive devices to oil servicing companies operating in Nigeria.
Chairman of the committee, Michael Okon, gave the directive in Abuja on Wednesday after an investigative hearing on the licensing and sale of explosive devices by chief executives of some oil servicing companies.
Okon asked the clerk to the committee to convey the resolution of the lawmakers on the matter to the relevant agencies via letters. ....

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Garlands for GMD, NNPC, Mele Kyari at 56


Garlands for GMD, NNPC, Mele Kyari at 56
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By Udeme Akpan, Energy Editor
With the outbreak of the Coronavirus pandemic, and lockdown, economic activities contracted significantly, leading to low demand for crude oil and dwindling prices, thus putting pressure on oil and gas companies and other stakeholders to put on their thinking caps, required to drive operations.
Take the Mallam Mele Kyari-led Nigerian National Petroleum Corporation, NNPC, which represents the Federal Government in the Joint Ventures with the International Oil Companies, IOCs, as an example. In the past one and half years, the NNPC, working with other parties succeeded in increasing the nation’s oil production capacity from over 2.0 million barrels per day, mb/d to 3.0 mb/d in April, 2020. The nation has to limit itself to 1.4 mb/d, excluding Condensate as allowed by the Organisation of Petroleum Exporting Countries, OPEC. ....

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