News

Innoson Group of Companies Nigeria limited on Sunday said it has enjoyed huge patronage and support from the President Muhammadu Buhari-led administration. Chairman of the group, Chief Innocent Chukwuma disclosed this in Nnewi, Anambra…
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… Commission Development Projects in Kula Kingdom The Federal Government would leave no stone unturned in the efforts to bring about lasting peace and security in the nation’s oil producing host communities and the entire Niger Delta…
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The Independent Petroleum Marketers Association (IPMAN) has backed the decision of the Nigerian National Petroleum Corporation (NNPC) not to allocate petroleum products to depot owners who failed to settle debts owed Petroleum Equalisation…
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Indications emerged on Saturday that the federal government may have commenced probe into six suspicious deals allegedly entered into by the Ministry of Petroleum Resources to avert a repeat of the Process and Industrial Developments…
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...as joint companies execute Novation agreement on four OMLs NNPC GMD, Mele Kolo Kyari Stakeholders in the oil and gas have advised the Federal Government to allow the Nigerian Petroleum Development  Company (NPDC) to truly  run…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, said the shutdown of Oil Mining Lease 25 flow station by its host communities for over two years had caused the country the loss of over $1.7bn. The…
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Marketers of petroleum products must display prices of products in their retail outlets even at night or face sanctions, the Petroleum Products Pricing Regulatory Agency, PPPRA, has said. A statement from the agency said the warning was…
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LEKOIL (AIM: LEK), the oil and gas exploration and development company with a focus on Nigeria and West Africa, reports its unaudited half year results for the six months to 30 June 2019. These results will be made available on the…
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The law and the regulation governing the operation of the West African Gas Pipeline (WAPCO) is the subject of an amendment in Lomé, this Thursday, September 26, 2019. Experts, delegates and parliamentarians of the four countries that are…
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NIPCO Plc, has declared N254 billion turnovers and a profit after tax of N1.58 billion for 2018 financial year just as it deepened its petroleum products outlets expansion and doubled its Liquefied Petroleum Gas (LPG) market share in…
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