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Energy
Chevron Restates Commitment to Ecosystem Restoration
Adaobi Rhema Oguejiofor
Chevron Nigeria Limited (CNL), one of the largest oil producers in Nigeria and the operator of the Joint Venture (JV) with the Nigerian National Petroleum Company (NNPC) Limited, has said that it strongly!-->!-->!-->!-->!-->…
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Reps Calls for Audit of NNPC Over Missing N2trn Assets Under Buhari
By Moses Patience Chat
The House of Representatives has called for a forensic audit of the Nigerian National Petroleum Company (NNPC) Limited to determine its assets and liabilities, as well as its current market value.
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IPMAN Tips CNG as Alternative Fuel to Lessen Subsidy Removal Impacts
By Moses Patience Chat
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has supported the use of Compressed Natural Gas (CNG) as an alternative energy source to cushion the effects of the Federal Government's!-->!-->!-->!-->!-->…
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IPMAN Urges Tinubu to Eliminate NNPC’s Monopoly of Petrol Importation
By Moses Patience Chat
The lndependent Petroleum Marketers Association of Nigeria (lPMAN) has called on President Bola Ahmed Tinubu to totally deregulate the downstream oil sector by eliminating the monopoly of the!-->!-->!-->!-->!-->…
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NNPC Ends Crude Swap Contract with Foreign Petrol Dealers
By Moses Patience Chat
The Nigerian National Petroleum Company (NNPC) Limited has ended its crude swap contracts with oil traders and will now begin to pay in cash for all imports of petrol products.
The Group Chief!-->!-->!-->!-->!-->!-->!-->…
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Kwara State Introduces 2 Work-Free Days Due to Fuel Hike
Adaobi Rhema Oguejiofor
The Government of Kwara State, following the increase in transport fare as a result of the removal of fuel subsidy, has reduced the number of working days for its workers from five days to three days per!-->!-->!-->!-->!-->!-->!-->…
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Bayelsa Seeks $12bn to Fix Hydrocarbon Exploration Catastrophes
By Moses Patience Chat
The Bayelsa State Oil and Environmental Commission (BSOEC) has recommended that an investment of $12 billion be made for 12 years in order to fix the disastrous effects of oil and gas exploration on the!-->!-->!-->!-->!-->…
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NNPC Vows to End Fuel Supply Monopoly
By Moses Patience Chat
The Nigerian National Petroleum Company (NNPC) Limited has said that it will soon bring an end to its monopoly of petrol supplies.
The Group Chief Executive Officer (GCEO) of the Company, Mallam Mele!-->!-->!-->!-->!-->!-->!-->…
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NNPC Announces New Retail Price for PMS Across Nigeria
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Limited has ordered all oil marketers to adjust the retail price for premium motor spirit (PMS) to a range between N488 to N557 per litre across Nigeria.
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No Price Cap on PMS Pump Price in Nigeria – NMDPRA
By Adaobi Rhema Oguejiofor
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has said that it would not place any price cap on the sale of petroleum products at the pump!-->!-->!-->!-->!-->…
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