ABUJA, NIGERIA–(18.09.12)- The Management of the Nigerian National Petroleum Corporation (NNPC) has said that it has taken measures to end the current fuel scarcity being witnessed in Lagos and some parts of the country.
The Acting Group General Manager, Group Public Affairs Division of the Corporation, Mr. Fidel Pepple on Monday said the fuel shortage is due to the shutdown of system 2b, a major pipeline that evacuates between nine to eleven million litres of fuel from Lagos to Ibadan, Ilorin and the north due to serious vandalism by oil thieves a couple of weeks ago. Read more
ABUJA, NIGERIA–(08.08.12)- The Nigerian National Petroleum Corporation, NNPC, and Genesis Electricity Ltd have signed a Memorandum of Understanding designed to bolster power supply to the Port Harcourt Refining Company, PHRC, and strengthen its production capacity.
Speaking during the ceremony at the NNPC Towers in Abuja, the Group Managing Director of the Corporation, Engr. Andrew Yakubu stated that the MOU would give PHRC a new lease of life and curb unstable power supply to the facility. Read more
The newly-appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu, has said that the management team under his watch will introduce new business models in all its Strategic Business Units (SBUs) and Corporate Service Units (CSUs). This is to ensure the commercial viability of the Corporation in order to remain competitive in the global oil and gas industry.
Engr. Yakubu made this disclosure during his inaugural town hall meeting with management and staff of the NNPC at the NNPC Towers on Wednesday 4th July, 2012. Read more
ABUJA, NIGERIA–(08/03/12)- In keeping with the transformation agenda of the President Goodluck Jonathan administration and her resolve to reform the oil and gas industry, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has inaugurated the National Refineries Special Task Force.
The task force which is charged primarily with the task of working out modalities for Nigeria to attain self-sufficiency in petroleum products refining is headed by former Minister of Finance, Dr. Kalu Idika Kalu, with Mallam Yusuf Alli as alternate chairman. Read more
ABUJA, NIGERIA – (07.03.2012) - On Monday, the United States Government expressed confidence in the Nigeria oil and gas industry under the stewardship of the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.
In the last two months, the Minister has established specialized task forces/committees in the Petroleum industry. The task forces/committees are saddled with the mandates of fast tracking ongoing oil sector reforms, and providing value addition in the Federal Government’s drive to ensure that Nigeria reaps bountifully from the proceeds of God-given hydrocarbon resources. Read more
ABUJA, NIGERIA — (News.Randburg – June 16th, 2011) – Nigeria’s revolutionary new Petroleum Industry Bill (PIB) has been a decade in the making and sets out to make Nigeria’s oil and gas sector fairer, safer and more beneficial for everyone involved. The country’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been a passionate supporter of the bill.
Despite setbacks and ongoing debate, Mrs. Madueke still believes the bill can (and should) become law. In the Aret Adams Foundation Memorial Lecture this year, she explained why. Read more
Text2Fly, the mobile phone service that sends Nigerian flight schedules via SMS, recently launched a Facebook application in order to help customers find flights faster than before.
With a slow Internet connection, finding flight times for various airlines in Nigeria at one time can be tiring and stressful, especially when having to look through several airline websites. Read more