Industry

By Adaobi Rhema Oguejiofor The Federal Government on Tuesday warned against attempts to interrupt the country's fuel supply and distribution value chain. Timipre Sylva, the Minister of State for Petroleum Resources, gavethis…
Read More...

By Moses Patience Chat Mallam Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited has said that Nigeria will need to spend N4.2 trillion in order to meet fuel subsidy…
Read More...

By Adaobi Rhema Oguejiofor The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday said it has withdrawn the “suspension of operation” directive that it previously issued to its members. Chief Chinedu…
Read More...

…Project to kick off Q1 2023, finish in 30 months Sixty-six years after the discovery of crude oil in commercial quantities at Oloibiri, Bayelsa State by Shell D’Arcy, the Federal Government through the Federal Executive Council…
Read More...

By Adaobi Rhema Oguejiofor Emeka Okwuosa, the Chairman and Group Chief Executive Officer of Oliserv Limited, the company in charge of executing the Ajeokuta-Kano-Kaduna (AKK) gas pipeline project, has said that the project remains…
Read More...

By Moses Patience Chat Nigeria has lost a revenue of N500 billion in January 2023 as a result of low crude oil production. Valuechain findings show that the country was not able to reach the production quota of 1.79 million…
Read More...

By Adaobi Rhema Oguejiofor The Federal Government has disclosed that three important regulations have been introduced to help improve Nigeria's revenue from crude oil production. This was revealed on Monday at a stakeholder…
Read More...

By Adaobi Rhema Oguejiofor Mr. Peter Obi, the presidential candidate of Labour Party (LP) in an interview on Sunday said that the fuel crisis that is currently faced by Nigeria can be fixed with effective local refining. He also…
Read More...

By Patience Moses Chat The Nigerian National Petroleum Company (NNPC) Limited has signed a deal with the Nigerian Subsidiary of Daewoo E&C Company Limited of South Korea to fix, repair and maintain the Kaduna Refining and…
Read More...

By Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Gas Marketing Limited, the gas marketing division of NNPC, on Monday inaugurated a gas distribution office at Ikeja in Lagos State.  During the unveiling…
Read More...