Senate To probe N11.3trn Gulped By Moribund Refineries
The Senate has asked that serving and retired Staffs of the Nigerian National Petroleum Company Limited (NNPCL) account for the N11.3 trillion allegedly disbursed by the Federal Government on the turn-around maintenance of Nigeria’s!-->!-->!-->…
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Lest You Forget: Valuechain Set For 6th Annual Lectures/Awards
By Saidu Abubakar
All is no doubt set for the 6th edition of the Annual Lectures and Awards that brings together creme de la creme of stakeholders in the energy industry to brainstorm over Nigeria's energy transition, being a!-->!-->!-->!-->!-->…
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Dangote Refinery Will Dislodge NNPC, Marketers, Cause Price Hike – Report
A recent report by the Economic Intelligence Unit (EIU) has predicted that the Dangote Refinery will cause another price hike in Nigeria
The report also stated that the 650,000-capacity refinery will displace petrol imports by NNPC!-->!-->!-->!-->!-->!-->…
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Change Comes with Hardships – Tinubu On Subsidy Removal
President Bola Tinubu has insisted on the removal of the petrol subsidy, saying that change often comes with its share of hardships.The President made this statement on Monday at the grand finale of the ongoing three-day combined!-->!-->!-->…
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Tinubu reacts to Nigeria’s victory in $11bn P&ID judgement
...Says its Africa's victory
President Bola Tinubu has lauded a UK Court judgment rendered by Judge Robin Knowles of the Business and Property Court in London, awarding victory to the Nigerian Government over the firm, Process &!-->!-->!-->!-->!-->…
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Diesel prices increase to N890/litre for Sept – NBS
In September, there was a 4.27% increase in the price of Automotive Gas Oil (Diesel) with prices going from N854.32 in August to an average of N890.80.
When compared with the corresponding month of last year, diesel prices!-->!-->!-->!-->!-->…
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Nigeria’s Energy Investment Prospects Unpacked at African Energy Week
By Patience Chat Moses
Representatives from Nigeria’s energy sector, during the 2023 African Energy Week (AEW), discussed the country’s energy investment landscape and best financial practices to tap the West African country’s oil!-->!-->!-->!-->!-->…
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Petroleum Training Institute, NNPC To Build CNG-Powered Tricycle
The Petroleum Training Institute (PTI), Effurun, has disclosed plans to come up with a Compressed Natural gas (CNG) powered tricycle (Keke) to ease the reliance on petrol and promote cleaner energy.
The Principal/Chief Executive of!-->!-->!-->!-->!-->…
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Scarcity: NNPCL Accused of Supplying Petrol Only to Marketers With 50 Stations
Petroleum product marketers have disagreed with the NNPC over the availability of petrol in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that some depots have been dry for the past five days
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Petrol: NNPCL Warns Motorists Against Panic Buying
The Nigerian National Petroleum Company (NNPC) Limited yesterday advised motorists to avoid panic buying of Premium Motor Spirit (PMS), petrol, assuring that it has stock that can cater to all for at least 30 days.
The appeal came!-->!-->!-->!-->!-->…
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