abubakar saidu

FG Considers Opening Up Fuel Importation To Private Businesses The Petroleum Products Pricing Regulatory Agency (PPPRA), yesterday, said it is engaging with the Central Bank of Nigeria (CBN) to open up the importation of petroleum…
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Nigeria Liquefied Natural Gas (NLNG) and Angola’s LNG project are offering three cargoes of lique­fied natural gas in the internation­al market in the midst of drop in the price of crude oil. NLNG is offering two cargoes next month,…
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Okoroma Clan in Nembe Local Government Area of Bayelsa, on Monday, issued 14-days ultimatum to the Nigerian Agip Oil Company, NAOC, to renew a MoU with the clan, or have their operations in the area shut. Indigenes of Okoroma clan under…
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The Nigerian Agip Oil Company Limited, NAOC, has said false and unverified claims on how it is conducting its operations are irresponsible and they create confusion, tension and instability in a moment in which the country should unite…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) is discussing with the Central Bank of Nigeria (CBN) on ways to make foreign exchange (forex) accessible to private oil marketing companies seeking to import petroleum products into…
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Oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the world in the second half of 2020, when oil prices “will be $40 starting from the third quarter,” Mohamed Arkab, Energy Minister of…
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President Muhammadu Buhari has approved the phased and gradual easing of the lockdown in Lagos and Ogun states as well as the Federal Capital Territory, Abuja. He said this in a nationwide address this evening that "In line with the…
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This is according to a statement by Mr Femi Adesina, special adviser to the president on media and publicity. In his communique, the media aide urged all television, radio and other electronic media stations to hook up to the network…
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The Society of Petroleum Engineers (SPE), Abuja Section Saturday, distributed food items and other consumables worth over a million Naira to communities as palliatives to cushion the effects of the lockdown due to COVID-19 pandemic. …
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Many people are feared trapped as a Nigerian National Petroleum Corporation (NNPC) gas station and about five residential buildings have been gutted by fire. The outbreak which started around 1pm at College Road, was caused by a petrol…
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