PETROL PRICE HITS N250 PER LITRE AS COMMUTERS GROAN
Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, as queues for the product!-->!-->!-->…
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NCDMB Unveils Ministerial Regulations, Charges Industry on Compliance
L-R: Minister of State for Petroleum Resources, Chief Timipre Sylva; Group Managing Director NNPC Ltd, Mallam Mele Kolo Kyari; Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote; Group Chief Executive Officer, Oando Plc, Mr.!-->…
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NNPC Distances self from fake recruitment announcement
By Yange Ikyaa
The Nigerian National Petroleum Company Limited (NNPC) has distanced itself from a recruitment announcement that is currently making the rounds across various channels as the handwork of mischief makers, who are out!-->!-->!-->!-->!-->…
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Continuous Oil Theft May Force us to Quit Nigeria — Shell
Amid the growing concern of continuous theft of crude oil in Nigeria, Shell Petroleum Development Company of Nigeria Limited has said its existence in the country is being threatened.
According to Mr Osagie Okunbor, the company’s!-->!-->!-->!-->!-->…
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PIA: Omo-Agege Demands Women Inclusion in Host Communities Fund Implementation
By Yange Ikyaa
The Deputy President of the Senate, Senator Ovie Omo-Agege, has called for the inclusion of women as beneficiaries of the Host Communities Fund component of the Petroleum Industry Act (PIA).
Omo-Agege, who!-->!-->!-->!-->!-->!-->!-->…
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Shell Supplies 400mw of Gas Equivalent to Nigerian Market
By YANGE IKYAA
Shell Nigeria Gas (SNG) has achieved the supply of gas to industrial and commercial customers in Nigeria, which has been estimated at an equivalent of 400 megawatts of energy.
The company has also said it is!-->!-->!-->!-->!-->!-->!-->…
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Valuechain 5th Annual Lecture Gathering Momentum
Today, Thursday, 7th July, 2022, the publisher of the forward marching Valuechain Oil and Gas Magazine, Alhaji Musa Bashir Usman, paid a courtesy visit to Engr. Simbi Kesiye Wabote, Executive Secretary of the Nigerian Content!-->!-->!-->!-->!-->…
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Relief at Last as FG Announces Restructuring, Takeover Of DisCos
Not less than five DISCOs will be restructured and taken over by the federal government as announced on Wednesday, July 6, by NERCThe affected DISCOs, KEDCO, IBEDC, PHED, BEDC, and Kaduna Electric, are said to be unable to repay loans!-->!-->!-->…
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OPEC Secretary General, Barkindo laid to rest
The remains of HE Dr. Muhammed Barkindo, the outgoing secretary-general of the Organisation of Petroleum Exporting Countries (OPEC) have been laid to rest Wednesday in Yola, Adamawa State.
Barkindo, a former Group Managing Director!-->!-->!-->!-->!-->…
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