Industry

A Federal High Court in Lagos on Wednesday directed the Nigerian National Petroleum Corporation (NNPC), Ministry Of Petroleum Resources and National Petroleum Investment & Management Respondent Services (NAPIMS) from allocating…
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The Senate Committee on Petroleum Resources (Upstream) says it will ensure that every single provision enshrined in the Petroleum Industry Act (PIA) is followed to logical conclusion without any form of ambiguity. The committee said…
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Oil marketers, under the aegis of Association of Tank Farm Oil and Gas Marketers of Nigeria (ATOGMAN), have commended Governor Nyesom Wike of Rivers State for taking action against illegal refineries and oil bunkering. Wike had…
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"However, on a monthly basis, consumer prices increased by 1.08 per cent, following a 0.98 per cent increase the previous month" With a daily underperformance figure of 78,000 barrels per day in December, Nigeria lost as much as…
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The House of Representatives has called for investigation of the proliferation of illegal refineries in the Niger Delta region, especially with the alleged involvement of men of the Nigeria Police Force, Nigerian Security and Civil…
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By YANGE IKYAA  The Board of Trustees of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned against what it called the proposed illegal inauguration of parallel National Executive Committee (NEC) on…
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...Describes appointment of the new clean energy driver of the company as crucial Following its recent foray into clean energy which is now one of its strategic business units (SBUs), Oando Energy Resources, has appointed an…
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Despite Libya having the highest crude oil reserves in Africa, Nigeria has managed to keep its spot as the top crude oil producer in the past year. Industry data from Statista showed that the West African country with a population…
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• Deductions not justifiable, says Delta • It’s injustice against Ekiti – Commissioner • States, Federal Govt may clash • Subsidy not under our control, says NNPC There are strong indications that state and federal…
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"PIA has put all money-making options on the table; it is up to us to take advantage of it.” The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Melw Kyari, has said that the company is working towards…
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