Industry

Nigerian filling stations have once again reduced premium motor spirit pump prices to compete with the Nigerian National Petroleum Company Limited, NNPC, and other fuel outlets nationwide. DAILY POST gathered on Wednesday that AA…
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Oil companies operating in Nigeria have been advised to make use of their idle oilfields and assets or consider leasing them out to avert being taken away from them by the federal government. The Minister of State for Petroleum…
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NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition. The agency also pointed to high costs…
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...Wants All Culprits Prosecuted As the ripples generated by the recent alleged discovery of financial irregularities by the Economic and Financial Crimes Commission (EFCC) in the handling of the country’s refineries reverberates,…
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*Engr. Bayo Ojulari Stakeholders in the petroleum midstream and downstream sectors have expressed outrage and disappointment after the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Engr. Bayo…
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Federal Government has vowed to sustain its crude oil production above 1.5million barrel per day monthly average quota. Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe disclosed this…
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The move is consistent with the company’s vision of ensuring sustainable and affordable energy solutions for homes, businesses, and industries. A joint venture between the Nigerian National Petroleum Company (NNPC) Limited and…
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Gbenga Komolafe The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has been honoured with the Corporate Partner in Energy Policy Reform Award by the Nigerian Association of Petroleum…
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Ngozi Okonjo-Iweala, director-general of World Trade Organisation (WTO) Recently, Dr Okonjo Iweala, a famous regional economist, two-term finance minister during President Olusegun Obasanjo’s regime and currently Director-General of the…
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…FIDs on hold as investors reassess risks Nigeria’s effort to achieve self-sufficiency in petroleum refining is facing fresh hurdles, with multiple modular refinery projects delayed. Daily Sun’s findings reveal that more than…
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