The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), have pledged unalloyed support for the transformation stride of the Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru. Speaking during a solidarity visit to the GMD, National President of…
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, yesterday said there are no laws and rules which require him to discuss contractual matters with the Minister of State for Petroleum Resources, Ibe Kachikwu and the NNPC Board. He spoke in reaction to the barrage of allegations levied against him by…
Following the publication of alleged lack of adherence to due process in the award of NNPC contracts, the President ordered the Group Managing Director (GMD) and Management of the Nigerian National Petroleum Corporation (NNPC) to consider and respond expeditiously to the allegations. The substance of the allegations made by the Minister of State for Petroleum…
The Nigerian Gas Processing and Transportation Company Limited (NGPTC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has declared a profit after tax of N15.81 billion for its 2016 trading year, some N6.79 billion less than what it made the previous year. According to a statement from the Group General Manager, Public Affairs of…
SERAP Calls For Baru's Suspension, As Buhari Meets Kachikwu Today By 'Dotun Akintomide The Peoples Democratic Party (PDP) has on Thursday accused the All Progressives Congress (APC) of systematically using all sorts of stealing going on under the administration of President Muhammadu Buhari to save illegal money for the re-election bid of the president come…
The Petroleum and Natural Gas Workers Senior Staff Association (PENGASAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) have served notice of a nationwide indefinite strike over the Federal Government’s inability to settle debts of over N800 billion owed oil marketers. The marketers are Major Oil Marketers Association of Nigeria (MOMAN), Independent…
'Dotun Akintomide With Agency Report The Ministry of Petroleum Resources said that the memo from the office of the Minister of State for Petroleum Resources to President Muhammadu Buhari is a normal procedural correspondence relating to developments in parastatals under his supervision. Mr Idang Alibi, Director of Press Ministry of Petroleum Resources disclosed this in…
The National Chairman, Host Communities of Nigeria Producing oil Gas, HOSTCOM, Dr. Mike Enuh, yesterday, disclosed that the Federal Government has full knowledge of cabals involved in stealing crude oil in the Niger Delta region. Oil Enuh, who made the disclosure while inaugurating HOSTCOM National Youth Wing in Abuja, said that vessels used for oil…
OPEC ’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said, reports Bloomberg. Compliance with the output cuts is “acceptable,” Zanganeh told reporters in Tehran. The Organisation of Petroleum Exporting Countries should focus on…