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Industry
NNPC becomes full limited entity, acquires corporation’s assets, liabilities
The Nigerian National Petroleum Company Limited (NNPCL) on Friday said the complete assets and liabilities of the Nigerian National Petroleum Corporation (NNPC) have been transferred to the state oil company, easing its means of doing!-->!-->!-->…
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‘It was released in error’ — Sylva’s aide apologises over publication countering NUPRC
Horatius Egua, media aide to Timipre Sylva, minister of state for petroleum resources, has apologised to Nigerians and industry operators over a media publication error.
Egua, on Monday, released a statement quoting Sylva as saying!-->!-->!-->!-->!-->…
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IPMAN Tells FG to Resume Operations at Enugu Petroleum Depot
Adaobi Rhema Oguejiofor
The Independent Petroleum Marketers Association (IPMAN) has called on the Federal Government to resume operations at the Enugu Petroleum Depot, which it said has been deserted for about 25 years.
Chinedu!-->!-->!-->!-->!-->!-->!-->…
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Wabote Solicits Cross-Border Partnerships to Grow African Energy Industry
By Adaobi Rhema Oguejiofor
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has put forward strategies that would collapse barriers and boost partnerships among governments and!-->!-->!-->!-->!-->…
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Sylva to perform Groundbreaking of Oloibiri Museum, NCDMB Conference Hotel Project
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva will on Tuesday perform the groundbreaking of the Oloibiri Museum and Research Center (OMRC), in Ogbia Local Government of Bayelsa State on behalf of!-->!-->!-->…
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PIA grants NNPCL financial autonomy, not subject monitoring – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has disclosed that the Petroleum Industry Act 2022 granted the Nigerian National Petroleum Company Limited full autonomy over its finances.
Unlike many other government!-->!-->!-->!-->!-->…
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Nigerian Community Polluted by Oil Spillage from SPDC
By Moses Patience Chat
Shell Petroleum Development Company (SPDC) has confirmed a recent oil spillage caused by its operations in a manifold 12 pipeline in Ebubu Community, Eleme Local Government Area of Rivers State, Nigeria.
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Rehabilitation of Refineries Will Reduce Fuel Scarcity – NNPCL
Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Limited has said that fuel scarcity will reduce based on the ongoing rehabilitation of three refineries in the country.
Danladi Inuwa, who is Executive Vice!-->!-->!-->!-->!-->!-->!-->…
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Report Fire Outbreaks or Face Sanctions, FG tells Oil Marketers
By Adaobi Rhema Oguejiofor
The Federal Government on Wednesday directed oil marketers who operate filling stations to either report incidents of fire outbreaks in their premises within 24 hours of occurrence or face sanctions.
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Nigeria to Save N367bn Annually from Crude Oil Refining- NNPC
By Adaobi Rhema Oguejiofor
The Nigerian National Petroleum Company (NNPC) Limited has said that Nigeria is going to save about N367.2 billion on an annual basis by locally refining crude oil into finished petroleum products.
Mele!-->!-->!-->!-->!-->!-->!-->…
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