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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NNPC says it has spent only $1.2bn so far on Brass LNG project
The Nigerian National Petroleum Corporation (NNPC) has confirmed that the actual historical amount spent on the Brass LNG project from inception till date was about $1.2 billion against the allegations that it has gulped $22 billion.
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NNPC records export sale of $265m in December
A total export sale of $265.15 million was recorded in December by the Nigerian National Petroleum Corporation.
The corporation’s 2018 financial report said the revenue is 60.34% lower than the previous month.
Crude oil export sales!-->!-->!-->!-->!-->…
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BREAKING: CCT convicts Onnoghen, sacks him as CJN
Delivering its judgement on Thursday, the three-man panel chaired by Danladi Umar therefore removed him from the office as Chief Justice of Nigeria and Chairman of National Judicial Council (NJC)
The Code of Conduct Tribunal (CCT) has!-->!-->!-->…
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