Industry

Scores of persons were reportedly killed after a petrol pipeline exploded at Rumuekpe community in Emohua Local Government Area of Rivers State. Community sources told our reporter that the incident which occurred on Thursday, was…
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“Energy justice would ensure that as we transit, we are allowed to develop at a pace and in a manner that is just” Ahead of the commencement of the 26th United Nations Climate Change Conference of the Parties (COP26) in…
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"Heirs founder, Tony Elumelu, one of Africa’s richest men, purchased Heirs founder, Tony Elumelu, one of Africa’s richest men, purchased OML 17 from Shell Petroleum, Total, and ENI for $1 billion in January" These are good times for…
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•Says our claims in PEF intact National President of the Independent Petroleum Marketers Association, ( IPMAN), Engineer Sanusi Fari has allayed fears of his teeming members over the scrapping of the Petroleum Equalisation Fund by…
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Eco Bus maker and Power Gas have opened discussions to provide sufficient autogas filling stations in Nigerian cities where compressed natural gas-powered vehicles can be refueled. This is sequel to a recent introduction of…
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The Group Managing Directorof theNigeria National Petroleum Corporation (NNPC), Mr. Mele Kyari, has accused the elite forthe moribundnature of the nation’s refineries. The GMD, however, said with the arrangement in place, some of…
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"It portends danger if its members’ funds, running into tens of billions of dollars, remain trapped in the agencies as this may affect members in the discharge of their obligation to the general public" The Independent Petroleum…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has said that the elites, and not the poor masses are responsible for the theft of crude oil in Nigeria. Kyari who said this on Thursday at…
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"The prevailing uncertainty has also created tension for most contractors and players in the petroleum value chain" It is not the best moment at the defunct Department of Petroleum Resources, Petroleum Products Pricing Regulatory…
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Minister of State, Petroleum Resources, Mr Timipre Sylva on Wednesday assured anxious staff of scrapped agencies to calm down as there were no plans to sack them. The defunct agencies are; Department of Petroleum Resources,…
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