dr. maikanti baru news
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Business NNPC Mulls New Payment Model for Joint Ventures – Thisdaylive
The Nigerian National Petroleum Corporation (NNPC) is soon to introduce a new model, tagged the Incorporated Joint Venture (IJV), to ease the funding of joint venture projects that have suffered delays due to financial hitches. Former NNPC Group Managing Director (GMD), Dr. Maikanti Baru, told...- Nigeria Business News
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Business NNPC Achieves 2.3m Barrels Per Day Production – Leadership Newspaper
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has disclosed that Nigeria’s current crude oil production was 2.3million barrels per day, including condensates, as against 2.1 mbpd recorded at the end of 2018. Baru, who made the disclosure …...- Nigeria Business News
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Business NNPC retires 11 senior management staff, to be replaced by in-house officers – P.M. News
The Nigerian National Petroleum Corporation (NNPC) has explained that the retirement of 11 of its senior management staff and others from its subsidiaries as well as the redeployment of 19 others were part of its normal replacement and back-fill process. … Read more via P.M. News –...- Nigeria Business News
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Business $1.6bn has been recovered from the Atlantic Energy dispute by NNPC – Nairametrics
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, said the NNPC has retrieved $1.6bn savings from its subsidiary, the Nigerian Petroleum Development Company and the Atlantic Energy Drilling Concept Nigeria Limited. The director made this known...- Nigeria Business News
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Business NNPC begins rehabilitation of 210,000bpd P’Harcourt Refinery – Newtelegraph
The Nigerian National Petroleum Corporation (NNPC) has commenced the rehabilitation of the 210,000 barrels per day capacity of Port Harcourt Refinery Complex (PHRC). The rehabilitation was to bolster Nigeria’s effort at ensuring local sufficiency.... Read more via Newtelegraph –...- Nigeria Business News
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Business NPDC grows production volume by 52.7% – Nairametrics
The production of crude oil in the Nigerian Petroleum Development Company (NPDC), has increased by 57,000 barrels per day. The 57,000 barrels per day raise stands for 52.7 per cent growth in crude production by the oil company. The Group Managing of the Nigerian National Petroleum Corporation...- Nigeria Business News
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Business NNPC set to meet December 2019 deadline on petroleum product importation – Nairametrics
The Nigerian National Petroleum Corporation (NNPC) has affirmed that it is keen on meeting its December 2019 deadline proposed by the Federal Government to end the importation of petroleum products. This will be a progress, seeing Nigeria spends a lot on the importation of petroleum products...- Nigeria Business News
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Business NNPC: No turn around maintenance on refineries for 42 years – TODAY.NG
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said that the country’s refineries had not undergone Turn Around Maintenance (TAM) for an aggregate of 42 years...... Read more via TODAY.NG – http://bit.ly/2F0TQgb Get more: Nigeria...- Nigeria Business News
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Business Oil Output Hits 2.09m Barrels – Nairaland
Nigeria’s crude oil daily production is up by 9 per cent to about 2.09 million barrels. Nigerian National Petroleum Corporation (NNPC) Group Managing Director Dr. Maikanti Baru said this maintained a line of consistent year-on-year improvement. Dr. Baru, in a comprehensive end-of-year-message...- Nigeria Business News
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Metro NNPC reserves three billion litres of petrol for Yuletide – The Guardian Nigeria Newspaper
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday assured of uninterrupted supply of fuel during the Christmas and New Year celebrations and beyond, saying it has 60-day fuel … Read more via The Guardian Nigeria Newspaper – Nigeria and...- Nigeria Metro News
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Metro Subsidy: Nigerian Govt pays oil marketers, freezes interest on loan – P.M. News
Mr Henry Ikem-Obih, Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC) says the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil marketers. Ikem-Obi, who disclosed this in an … Read more via P.M...- Nigeria Metro News
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Business NNPC extends $6bn oil swap contracts by 6 months – Vanguard News
There are indications that the Nigeria National Petroleum Corporation, NNPC, may have extended its crude for oil products contracts worth about $6 billion by another six months, from the end of 2018 to June 2019. Group Managing Director of the NNPC, Dr Maikanti … Read more via Vanguard...- curator
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Business Kachikwu, Baru Advocate Gas Economy For Nigeria – Leadership Newspaper
Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporate (NNPC) and Minister of State for Petroleum Resources, Dr Ibe Kachikwu said the huge gas deposit in the country was a veritable tool for economic diversification. They both made the assertion on Monday at the...- curator
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Business NNPC: Maikanti Baru urges NUPENG, PENGASSAN to halt planned strike – pulse.ng
The unions are National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The Group Managing Director (GMD), NNPC, Dr Maikanti Baru, has urged oil workers to halt their planned strike … Read more via...- curator
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Business How Baru Steers The NNPC Ship – Leadership Newspaper
It is apparent that most newspapers and columnists in Nigeria fail to realize the need to guard their reputations jealously like a woman’s integrity that, once lost, it becomes a herculean task to redeem. Owing to the not-too-glowing history of the Nigerian National Petroleum Corporation...- curator
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Business NNPC urges RMAFC to help in recovery of excess revenues – The Guardian Nigeria Newspaper
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), as an independent arbiter, to ensure recovery of … Read more via The Guardian Nigeria Newspaper – Nigeria and World...- curator
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Business Nigeria targets 10% gas market amid stalled mega projects – The Guardian Nigeria Newspaper
Last week, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said that the Federal Government is targeting 10 per cent of the world’s market share in traded Liquefied Natural Gas (LNG) as part of its … Read more via The Guardian Nigeria...- curator
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Business NNPC Targets 40bn Oil Reserves By 2020 – Leadership Newspaper
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has disclosed that the country has set a target of increasing its crude oil reserves from the current 37 billion barrels to 40 billion barrels by 2020. Read more via Leadership Newspaper –...- curator
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Business NNPC extends crude-for-refined oil contracts, settles $5b cash-call arrears – The Guardian News
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the corporation would continue to swap crude oil for refined petroleum products for the next six months in the face of obsolete refineries in the country.... Read more via The Guardian...- curator
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