NNPC Grows Trading Surplus by 353%
By YANGE IKYAA
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a growth in trading surplus of ₦37.50 billion for the month of September 2021, representing a 352% increase from the ₦8.29 billion surplus in!-->!-->!-->!-->!-->…
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HE. Dr. Mohammad Sanusi Barkindo (Walin Adamawa) Secretary General, OPEC
Mr. MS Barkindo was founder delegate to the formation of the African Petroleum Producers Association (APPA) in Algiers, Algeria, in 1986; delegate to APPA Ministerial Conferences from 1987 to 2010; and pioneer member of the!-->!-->!-->…
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Nigeria’s Decade of Gas Gains Momentum as Safety Measures Demand More Attention
By Yange Ikyaa
In March 2021, President Muhammadu Buhari made a declaration, confirming the next ten years from that date as “The Decade of Gas” for Nigeria.
This initiative was designed and tailored to enable the country!-->!-->!-->!-->!-->!-->!-->…
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Fuel Scarcity as Potential Inflation Trigger
The worrisome fuel scarcity being experienced across the country may have negative implications on the inflation rate of Nigeria’s struggling economy, reports EDDY OCHIGBO
Penultimate week, motorists across many parts of the country!-->!-->!-->!-->!-->…
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Journey to Renewable Energy: Africa Moving at Its Pace
Mele Kyari
By Gideon Osaka
Climate change is the biggest challenge facing humankind now, and the issue has reached a tipping point. There have been warnings of the potential for average global temperature to increase by more than 1.5!-->!-->!-->!-->!-->…
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Why Subsidy Withdrawal Suspension may affect PIA Implementation
By Fred Ojiegbe
The Petroleum Industry Act has been described by all and sundry as a game changer that will revolutionize the oil and gas sector in Nigeria and make it more attractive to investors.
Asides investment, the Act,!-->!-->!-->!-->!-->!-->!-->…
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Ibadan: Petrol hits N500 per litre in black market
A tour of Ibadan town the capital of Oyo State, has revealed that hawkers of PMS popularly known as petrol, are in different parts of the town, selling five litres of the product for N2,500 and four litres for N2,000.
Motorists and!-->!-->!-->!-->!-->…
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NNPC, Shell, Total, others seal gas deal to power Nigeria’s biggest fertilizer company
The biggest energy company in Africa , Nigerian National Petroleum Corporation Limited (NNPC) and its joint venture partners -Shell Petroleum Development Company of Nigeria Limited (SPDC), Totalenergies EP Nigeria Limited, and Nigerian!-->!-->!-->…
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Petrol scarcity: NNPC begins loading at depots to clear queues
The Nigeria National Petroleum Corporation Limited has commenced loading of trucks at all depots to clear current scarcity experienced across the country.
The Nigeria National Petroleum Corporation Limited added that there was!-->!-->!-->!-->!-->…
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Fuel subsidy: Senate President Calls for Executive Bill to Amend PIA
By YANGE IKYAA
President of the Senate, Ahmad Lawan, has urged the government of President Muhammadu Buhari to transmit a bill to the National Assembly to amend the Petroleum Industry Act (PIA).
Lawan made the call Tuesday!-->!-->!-->!-->!-->!-->!-->…
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