We have 60-days fuel sufficiency – NNPC
Nigerian National petroleum Corporation (NNPC) has urged Nigerians not to engage in panic buying of Premium Motor Spirit (PMS), as the country has adequate...
NNPC To End Oil Swap Contracts, Embrace Cash Payments For Petrol Imports
The Nigerian National Petroleum Company Limited (NNPC) is winding down crude oil swap contracts with traders and will pay cashfor petrol imports as private companies...
Stakeholders optimistic as Buhari signs PIB into law
…It’ll create stability for oil industry, PENGASSAN
…Strategic implementation key to success, Expert
…It’s a historic development, NEITI
Oil and gas industry stakeholders heaved a sigh of...
IPMAN directs members to sell PMS at N162
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State branch, has directed its members to sell petrol at N162.44 per litre as directed...
Illegal refineries: Extend PINL surveillance contract, Rivers lawmakers task FG
Some members of the Rivers State House of Assembly, Rt. Hon. Dumle Maol, Hon. John Dominic Iderema and Hon. Sokari Goodboy Sokari, representing Gokana,...
Tinubu signs executive orders on oil, gas reforms
President Bola Tinubu has approved three new directives in the oil and gas sector to introduce fiscal incentives for related projects, reduce contracting costs...
NNPC releases 2019 audited financials, declares N1.7bn loss …N803bn loss recorded in 2018
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a...
IPMAN cautions against hike in petrol price
he Independent Petroleum Marketers of Nigeria (IPMAN) yesterday cautioned the Nigerian National Petroleum Company Limited (NNPCL) against further increase in petrol price.
Its National Vice-President...
DIRI COMMENDS TINUBU OVER FG’S LPG INITIATIVE, SEEKS 2-YEAR GRACE FOR BAYELSA
Bayelsa State Governor, Douye Diri, has commended President Bola Tinubu for the Federal Government's Liquefied Petroleum Gas Penetration Initiative, describing it as a major...
FG DESCRIBES DANGOTE REFINERY AS CORNERSTONE OF $1 TRILLION ECONOMY AMBITION
The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria's ambition to build a one trillion United States...