NNPC Intensifies Oil Search in Benue Trough …Set to Commence Biofuels Project in Benue 

Following the flag-off of oil search on the Nasarawa  State end of the Benue Trough last week, the Nigerian National Petroleum Corporation (NNPC) has commenced move to mobilize for oil exploration in the Benue State sector of the Benue Trough. The Group Managing Director of NNPC, Dr. Maikanti Kacalla Baru, who led a high-powered delegation […]

Baru being conferred with the Institution’s Fellowship in Kaduna

Baru Tasks Engineers on Economic Diversification

…As GMD Bags NiMechE Fellowship The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Kacalla Baru, has charged engineering practitioners in the country to provide viable solutions towards fast-tracking Nigeria’s quest to diversify the economy. Dr. Baru gave the charge while speaking at the 30th Conference & Annual General Meeting of the Nigerian […]

Seplat Oil

Seplat Reports N1.62 billion Loss In Nine Months

Seplat Petroleum Development Company Plc (Seplat) has announced N1.62 billion loss in third quarter ended September 30, 2017 from N24 billion loss reported in third quarter ended September 30, 2016. Nigerian independent oil and Gas Company listed on both the Nigerian Stock Exchange and London Stock Exchange reported 70 per cent increase in revenue to […]

Baru at FRSC

NNPC Stocks 2billion Litres of Petrol for Hitch-Free Year-end Movements of Motorists

The Nigerian National Petroleum Corporation (NNPC) has a stock of over two billion litres of Premium Motor Spirit (PMS), also known as petrol, to ensure a hitch-free end-of-year movement of motorists, a period hitherto sometimes characterized by supply and demand disequilibrium. Speaking at the weekend after his investiture as Honourary Special Marshal by the Federal […]

Senate report indicts NNPC, FIRS, Customs, others

…Claims revenue-generating agencies under-remitted N1.7trn in 4yrs  …NNPC operated N3.1trn deficit Shocking revelations emerged at the Senate, yesterday, that almost all  various federal revenue-generating agencies have short-changed the Federal Government to the tune of N1.7 trillion, through under-remittance of revenues generated between 2012 and 2016. It was also discovered that the Nigerian National Petroleum Corporation […]

Dr. Ibe Kachikwu, Dr. Maikanti Baru.

Kachikwu’s camp hits Baru with six posers

‘GMD’s response full of  distortions’ David-West: minister’s claims wild Loyalists find gaps in NNPC’s position The crisis of confidence in the oil sector raged on yesterday, with some associates of the Minister of State, Dr. Ibe Kachikwu, taking on the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. Kachikwu wrote […]

$26bn Contract Scam: A Further Reason To Pass PIB, Privatise NNPC BudgIT, OSIWA

While the nation awaits the outcome of Friday’s meeting between President Muhammadu Buhari and Minister of State for Petroleum, Dr. Ibe Kachikwu on one hand and Vice President Yemi Osinbajo and Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) over allegations of $26bn contracts awarded by the nation’s oil behemoth, Nigeria’s […]

NNPC LOGO

NNPC inaugurates committees to revamp refineries

The Nigerian National Petroleum Corporation (NNPC) has inaugurated eight committees charged with the responsibility of rehabilitating the nation’s refineries. The committee is to help return Nigeria’s three refineries back to their “optimal levels of performance,” according to a statement issued on Wednesday by Ndu Ughamadu, NNPC spokesman. In the statement, Maikanti Baru, group managing director […]

Global safety body lauds NNPC boss on safety standards

In its determination to ensure that the current steady supply of petroleum products nationwide is sustained, the Nigerian National Petroleum Corporation (NNPC) has intensified efforts to safeguard its pipeline from vandals and fire outbreaks in line with best safety practices. The Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this while receiving a […]