#ohi alegbe

[jidesalu]

Nigeria To End Oil Swaps, Go Directly To Refiners From March.

Nigeria To End Oil Swaps, Go Directly To Refiners From March.

Nigeria will replace crude oil swap agreements in March with a system under which it will directly sell crude oil to refiners and purchase refined oil products from them, the state oil company said on Tuesday.

Nigeria, Africa’s biggest oil producer, is almost wholly reliant on imported gasoline, kerosene and other petroleum products, despite exporting around 2 million barrels per day (bpd) of…

View On WordPress

[jidesalu]

NNPC Wins Prestigious Reuters Award over USD1.2bn Financing Deal...

NNPC Wins Prestigious Reuters Award over USD1.2bn Financing Deal…

For conceptualising, structuring and delivering an oversubscribed deal in a challenging macro-economic environment, the Joint Finance Team of the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners, Chevron Nigeria Ltd, have clinched the prestigious Thomson Reuters /PFI Magazine ‘Africa and Middle East Oil Deal of the Year Award 2015’.

The global award, which is one of…

View On WordPress

[whizkydee]

Demand for OPEC crude to rise by 1.2m barrels daily in 2016 - Kachikwu

Demand for OPEC crude to rise by 1.2m barrels daily in 2016 – Kachikwu

Dr Ibe Kachikwu.

Dr Ibe Kachikwu, the President, Organisation of Petroleum Exporting Countries (OPEC), says the demand for OPEC crude is expected to rise by 1.2 million barrels per day in 2016.

This is contained in a statement signed by Ohi Alegbe, NNPC’s Group General Manager, Group Public Affairs Division, and released to newsmen in Abuja on Saturday.

The statement quoted Kachikwu,…

View On WordPress

[whizkydee]

Demand for OPEC crude to rise by 1.2m barrels daily in 2016 - Kachikwu

Demand for OPEC crude to rise by 1.2m barrels daily in 2016 – Kachikwu

Dr Ibe Kachikwu.

Dr Ibe Kachikwu, the President, Organisation of Petroleum Exporting Countries (OPEC), says the demand for OPEC crude is expected to rise by 1.2 million barrels per day in 2016.

This is contained in a statement signed by Ohi Alegbe, NNPC’s Group General Manager, Group Public Affairs Division, and released to newsmen in Abuja on Saturday.

The statement quoted Kachikwu,…

View On WordPress

[ruthyempire]

Why we haven’t yet deployed drones for oil pipelines’ security – NNPC

Click the URL to read full Post: %

http://www.nollywoodfreaks.com/why-we-havent-yet-deployed-drones-for-oil-pipelines-security-nnpc/

The Nigerian National Petroleum Corporation has said deployment of drones to monitor petroleum products pipelines across the country is not going to take effect anytime soon. The sudden turn-around by the state-run oil corporation is coming two months after the Group Managing Director of the...

[jidesalu]

Dr. Emmanuel Ibe Kachikwu: Stop Congratulatory Adverts For Me, says New GMD NNPC...

Dr. Emmanuel Ibe Kachikwu: Stop Congratulatory Adverts For Me, says New GMD NNPC…

Dr. Emmanuel Ibe Kachikwu,

The new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has appealed to friends and well-wishers to stop placing congratulatory adverts for him in the media.

Dr. Kachikwu who assumed duty as the 17th GMD of the corporation on Tuesday, August 4, 2015, said he sees his appointment as a serious national…

View On WordPress

[indepthnigeria]

Fuel Scarcity: NNPC Moves Against 3 Marketers, Revoke Licenses

Fuel Scarcity: NNPC Moves Against 3 Marketers, Revoke Licenses

The Nigerian National Petroleum Corporation on Tuesday wielded the big stick on three independent petroleum products marketing firms for various sharp practices, including products diversion and hoarding. The Pipelines and Products Marketing Company, the NNPC subsidiary in charge of petroleum products distribution and marketing, said Funo Alfa, Organizer West Africa and Rich Oil Company will have…

View On WordPress

[dududara]

Miracle: Suddenly, Nigeria’s four refineries will start production next month!

Miracle: Suddenly, Nigeria’s four refineries will start production next month!

Ohi Alegbe NNPC’s Spokesman…Nigeria’s four refineries will commence production next month

By Oluwole Francis with Agency Reports

President Muhammadu Buhari’’s fear may have driven the managers of Nigeria’s four refineries to have ensured that local production will resume next month.

Spokesman for the state-run oil group, Ohi Alegeb, said Thursday, raising hope of an end to perennial petrol…

View On WordPress