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As NNPC's Kyari Navigates on Transparency


By Ikechukwu Okorafor
National Oil Companies (NOCs) in Africa stand on the brink of significant disruption as a new era of structurally lower oil prices challenges business models that have long relied largely on exploration and production of hydrocarbons, especially crude oil.
This scenario fundamentally puts Mallam Mele Kolo Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), on the spot. Especially so, as the unassuming geologist, whose tour of duty has traversed the entire value chain of the petroleum industry, approaches his second year anniversary on the saddle. He was appointed GMD by President Muhammadu Buhari, on 8th July 2019. ....

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NNPC records ₦28.38bn trading surplus in Sept. – Report


KEROSINE QUEUE/PRESS-2/MY DOCUMENT/MY DOCUMENT/JUNE 09
NIGERIANS STRUGGLING TO BUY KEROSINE AT NNPC MEGA STATION IN ABUJA ON WEDNESDAY (10/6/09). PHOTO; NAN
Abuja, Jan. 20, 2021 The Nigerian National Petroleum Corporation (NNPC) says it recorded a trading surplus of ₦28.38 billion in September 2020.
The Corporation disclosed this in its Monthly Financial and Operation Report (MFOR) for the month of September, released in Abuja, on Sunday.
It said that the amount was slightly lower than the ₦29.60 billion surplus in August 2020.
The marginal reduction in surplus, according to the report, was as a result of lower contribution from the Nigerian Petroleum Development Company (NPDC) which recorded zero crude oil lifting from the Okono Okpoho facility during the month under review ....

Port Harcourt , Abuja Federal Capital Territory , Okono Okpoho , Nigerian National Petroleum Corporation , National Engineering , Technical Company Limited , Nigerian Gas Marketing Company , Nigerian Petroleum Development Company , Petroleum Products Marketing Company , Data Services Limited , Monthly Financial , Operation Report , Integrated Data Services Limited , Joint Ventures , Production Sharing Contracts , Premium Motor Spirit , Mosimi Area , Port Harcourt Area , போர்த் ஹர்கார்ட் , கூட்டாட்சியின் மூலதனம் பிரதேசம் , நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம் , தேசிய பொறியியல் , தொழில்நுட்ப நிறுவனம் வரையறுக்கப்பட்டவை , நைஜீரியன் வாயு சந்தைப்படுத்தல் நிறுவனம் , நைஜீரியன் பெட்ரோலியம் வளர்ச்சி நிறுவனம் , பெட்ரோலியம் ப்ராடக்ட்ஸ் சந்தைப்படுத்தல் நிறுவனம் ,