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Uncertainties still becloud ability of Nigeria to meet its crude oil production quota despite assurances of its newly enacted petroleum law. The Petroleum Industry Act, enacted last year largely settles key grey areas that have…
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By YANGE IKYAA  The Board of Trustees of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned against what it called the proposed illegal inauguration of parallel National Executive Committee (NEC) on…
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...Describes appointment of the new clean energy driver of the company as crucial Following its recent foray into clean energy which is now one of its strategic business units (SBUs), Oando Energy Resources, has appointed an…
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Despite Libya having the highest crude oil reserves in Africa, Nigeria has managed to keep its spot as the top crude oil producer in the past year. Industry data from Statista showed that the West African country with a population…
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Nigeria's Minister of State for the Environment, Chief Sharon Ikeazor has commended Nigeria Liquefied Natural Gas (NLNG) Limited for its courageous decision to suspend the exportation of cooking gas while approving 100 per cent…
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• Deductions not justifiable, says Delta • It’s injustice against Ekiti – Commissioner • States, Federal Govt may clash • Subsidy not under our control, says NNPC There are strong indications that state and federal…
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"PIA has put all money-making options on the table; it is up to us to take advantage of it.” The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Melw Kyari, has said that the company is working towards…
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...Frantic oil buying driven by supply outages and signs the Omicron variant won’t be as disruptive as feared has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer,…
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As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company…
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The Seme command of the Nigeria Customs Service (NCS) on Thursday said it intercepted 30,150 litres of Premium Motor Spirit (PMS) also known as petrol at the verge of being smuggled into neighbouring Benin Republic. The command’s…
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