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Port Harcourt refinery to start before end of 2023, says NNPC GMD

Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Limited, has promised that the Port Harcourt refinery, located in Rivers State, Nigeria, will kick off production of fuel and other refinery activities before the end of the year. In an exclusive interview with Arise Television’s “The Morning Show” on Thursday, Kyari said...

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Energy transition puts NNPC drilling under scrutiny

As the world accelerates efforts to curb oil exploration on account of climate change concerns, analysts are calling for intense scrutiny into the activities of Nigeria National Petroleum Company Limited (NNPC), which is leading a flurry of exploration drilling in frontier basins across northern Nigeria. A key concern many have is that there is not much...

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Nigeria misses out as rivals lock in long-term LNG contracts

Oil-rich countries are signing multimillion-dollar Liquefied Natural Gas (LNG) contracts to lock in supplies over the next 20 years but Nigeria is unable to meet current orders, let alone fight for future contracts, setting the stage for a looming fiscal crisis. Home to the world’s ninth biggest natural gas reserves, Nigeria is struggling to replenish gas...