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Industry
IPMAN to Sanction Private Depots Dispensing Petrol Above Approved Pump Price
By Moses Patience Chat
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to sanction private depots that sell petrol, also known as Premium Motor Spirit (PMS), above the approved pump price.
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Nigeria’s N77trn Debt Profile Worries PENGASSAN
By Moses Patience Chat
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed concerns over Nigeria’s N77 trillion public debt, which it described as "mind blowing" for a debt profile at the!-->!-->!-->!-->!-->…
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NCDMB Saves Nigeria $10bn Annually on 55% Local Content Attainment
By Moses Patience Chat
The Nigerian Content Development and Monitoring Board (NCDMB) has taken Nigerian local content level in the oil and gas industry from 5% to 55%, saving the country about $10 billion annually.
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Ban Government Officials From Foreign Medical Trip, PENGASSAN Urges
By Adaobi Rhema Oguejiofor
As a way of encouraging the incoming administration to invest in the nation’s healthcare system, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advocated that government!-->!-->!-->!-->!-->…
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Expert Advocates For LPG, CNG Mini Plants To Boost Industrialization
LPG Plant
By Adaobi Rhema Oguejiofor
A petroleum industry stakeholder, who is also the Group Managing Director (GMD) of Alphaden Group, Engr. Paschal Anyanwu, has advocated for the establishment of mini gas plants that will aid the!-->!-->!-->!-->!-->…
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NNPCL, NIGCOMSAT In Partnership To Monitor Sensitive Equipment
By Adaobi Rhema Oguejiofor
The National Petroleum Telecommunications(NAPET) Limited, a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, and the Nigerian Communications Satellite (NIGCOMSAT) Limited, have entered!-->!-->!-->!-->!-->…
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NUPRC Developes Digital Platform To Ensure Transparency For Host Communities
By Moses Patience Chat
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has developed an industry intelligent digital automated platform for reporting and monitoring the Host Community Development Trust (HCDT) to ensure!-->!-->!-->!-->!-->…
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FG-Dangote Partnership Portrays Nigeria as Attractive Investment Destination – LCCI
Dr. Chinyere Almona
By Adaobi Rhema Oguejiofor
The Lagos Chamber of Commerce and Industry (LCCI) has said that the partnership between the Federal Government and Dangote Refinery portrays Nigeria as an attractive investment!-->!-->!-->!-->!-->…
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Delta Government Advises Chevron To Pay Indigenous Contractors or Risk Shutdown
Gov Ifeanyi Okowa
By Adaobi Rhema Oguejiofor
The Government of Delta State has advised Chevron Nigeria Limited (CNL) to pay the indigenous contractors of Itsekiri Regional Development Committee (IRDC), who have successfully carried!-->!-->!-->!-->!-->…
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San Leon Invests $5.5mn in Decklar Petroleum
By Moses Patience Chat
San Leon Energy Plc has said it is considering a potential sale of its non-core investment in Decklar’s Nigerian arm. It has also made a $5.5 million loan to DPL through a 10 per cent per annum unsecured!-->!-->!-->!-->!-->…
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