IrThe Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the Company, Mele Kyari, gave the assurance during an interactive session with the Senate Committee on Finance at the National Assembly, Abuja on Wednesday, December 13. Speaking on the dynamics of the market in relation to the projected budget benchmark price of $77.96 per barrel, …
Tag: oil
Most Of Stolen Crude Oil Found In Churches, Mosques – Mele Kyari The Nigerian National Petroleum Company (NNPC) Limited, has accused government officials, religious leaders, security agencies and even some staff of the nation’s crude oil theft. Speaking during the 49th session of the weekly ministerial briefly at the State House in Abuja, NNPC Group Chief Executive Officer, Mele Kyari maintained that the menace involves every member of the society. He stated that wherever the stolen product is found mostly …
Rivers State Governor, Nyesom Wike, has warned communities not to disrupt activities of oil companies in the state but instead notify the State government of any dispute they might have with oil companies operating in their areas. Wike stated this when members of the Ogba Traditional Council and stakeholders formally introduced His Eminence, Nwachukwu Obuoha Nnam-Obi, III, Oba of Ogbaland, to the governor at Government House, Port Harcourt on Friday. Wike said that the State government will no longer tolerate …
Sea Horse brand of SEAHORSE Lubricants Industries Ltd, manufacturers of lubricating oil for internal combustion engines and mechanical systems, has once again bagged another award for its quality products. This indigenous Company brand was named Best Automobile Engine Wear and Corrosion Protection Oil Brand of the Year 2021 at the just-concluded Institute of Oil and Gas Research and Hydrocarbon Studies award in Abuja during the weekend. The organisers of the Oil and Gas Research and Hydrocarbon Studies …
A video of a side chic being confronted after she allegedly bathed her married lover with hot oil in Abuja has been shared online. In the video, the married man is topless to reveal the damage done to his skin. He suffered burns on the skin on his back and stomach, with some parts peeling already. Spectators are heard confronting the side chic, who tries to hide her face from the camera. They are heard …
Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited, has denied reports of being jailed in the United Kingdom. Premiumtimes had on Wednesday, August 19, reported that Justice Butcher of England and Wales High Court had handed a 10-year sentence on the Nigerian oil mogul after he was found guilty of breaching multiple orders of the court in a pending suit instituted by Sahara Energy Resources Ltd. Bashir has released a statement denying the report. He also released photos of …