Nigeria loses N995.2b to oil theft annually
With the country losing over N995.2 billion annually due to oil theft, the economy is doomed, New Nigeria Foundation (NNF), a nongovernmental organisation has said.
Addressing participants at the advocacy programme for media!-->!-->!-->…
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Easter: DPR sanctions 10 filling stations for selling petrol above N145 per litre
The Department of Petroleum Resources says it has sanctioned 10 filling stations caught dispensing fuel above N145 per litre government approved price in Rivers.
DPR’s Port Harcourt Zone Operations’ Controller, Bassey Nkanga, disclosed!-->!-->!-->…
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NNPC Gives Fresh Update On Increase Of Fuel Pump Price
The Nigerian National Petroleum Corporation (NNPC) has declared that it has no plan to increase the current petrol (fuel) pump price of N145 per litre.
Naija News reports that the assurance is coming after Ibe!-->!-->!-->…
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Scarcity: NNPC Plans to Raise National Petrol Stock to 2.4bn Litres
The Nigerian National Petroleum Corporation (NNPC), will raise the total volume of petrol available in its storage facility to 2.4 billion litres to avoid potential scarcity, its Group Managing Director, Dr. Maikanti Baru, has said.
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Momas, others double production effort to meet NERC’s May 1 deadline
...Targets 70,000 meters monthly
-By Yange Ikyaa
In actualization of the directive by the Nigerian Electricity Regulatory Commission (NERC) on the rollout of meters by May 1, the Chairman, Momas Electricity Meter!-->!-->!-->!-->!-->…
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India now Nigeria’s biggest crude oil buyer –Buhari
President Muhammadu Buhari on Thursday spoke of a growing trade partnership between Nigeria and India.
He stated that India had lately become the country’s biggest trade partner, especially in crude oil sales.
Buhari was speaking at!-->!-->!-->!-->!-->…
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17 oil refinery licenses expire, 38 under execution
There are indications that modular and conventional refinery projects are in hard times, as licenses of 17 of the refineries licensed expired without much efforts by their promoters to establish them.
Vanguard investigations show that!-->!-->!-->…
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DPR warns marketers against fuel price hike, hoarding during Easter
The Department of Petroleum Resources (DPR) Field Office in Enugu says petroleum marketers who sell products above government approved prices risk having their stations sealed.
Mr Anthony Douji, the Head, Retail Outlet and Marketing in!-->!-->!-->…
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Man Sentenced 6 Months for Vandalism, Attempted Theft of EKEDC Equipment
-By Yange Ikyaa
The Magistrate court of Igbosere in Lagos State has sentenced 28-year-old Timothy Jacob to 6 months imprisonment on a three-count charge of conspiracy, willful and unlawful damage and attempted theft of armored!-->!-->!-->!-->!-->…
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DPR tasks LPG stakeholders on gas penetration in rural communities
…Abolishes decanting of gas in shops
The Department of Petroleum Resources, DPR, has tasked Liquefied Petroleum Gas, LPG, stakeholders to key into the aspirations of the Federal Government to make LPG accessible to users across the!-->!-->!-->…
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