Petrol Pump Price Hits N285 In FCT
Many fuel stations within the Abuja metropolis of the Federal Capital Territory have adjusted pump prices to between N180 and N285 per litre.Our correspondent observed that queues had returned to many filling stations, especially!-->!-->!-->!-->!-->…
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TCN is Realizing Power Grid Reforms, Four Other Milestones – Abdulaziz
By YANGE IKYAAThe managing director and chief executive officer of the Transmission Company of Nigeria(TCN), Engr. Dr. Sule Ahmed Abdulaziz, has scored the performance of TCN high, noting that the company has been vigorously!-->!-->!-->!-->!-->…
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Fuel scarcity: Why black market thrives
Fuel scarcity hit the nation’s capital in September and has continued to take its tools on residents two months after. Not a few residents have questioned why filling stations hardly stock fuel but the street hawkers continue to make!-->!-->!-->…
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FG To Inaugurate Lee Engineering Gas Facility Q1 2023
Lee Engineering International Machinery Services Ltd., an equipment fabrication hub, will be inaugurated by the Federal Government in the first quarter of 2023 to boost oil and gas productionDr Leemon Ikpea, the Chief Executive!-->!-->!-->!-->!-->…
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Oil thieves drill into Dubri’s pipeline in new dimension to crude theft
The management of Dubri Oil Company Limited, on Thursday, said about 60 barrels of its crude oil was lost daily from its production in Oil Mining Lease (OML) 96 after vandals drilled into the company’s evacuation network.It is!-->!-->!-->!-->!-->…
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Why Fuel Scarcity Won’t End In Nigeria — PETROAN President
Scarcity of petroleum products will continue to be an issue in Nigeria until local refining capacity is improved, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has!-->!-->!-->…
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Consumers’ll pay N410 for PMS without subsidy – NNPC
The Nigerian National Petroleum Company Limited (NNPCL) says consumers will pay N410 per litre for premium motor spirit (PMS) without the Federal Government’s subsidy.This is according to a statement by the NNPCL Group General!-->!-->!-->!-->!-->…
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It’s impossible to maintain N170 per litre fuel price – Kyari
The group managing director of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has disclosed that the oil company cannot maintain a pump price of N170 per litre for Premium Motor Spirit (PMS), popularly known as!-->!-->!-->…
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Oil-Consuming Nations Must Form Their Own Anti-OPEC+
Russia's President Vladimir Putin (R) shakes hands with Saudi Arabia's Crown Prince Mohammed bin Salman during a meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. (Photo by Yuri KADOBNOV / POOL / AFP) (Photo!-->…
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Oil Theft: Kyari Alleges Threat To Life, Says Tompolo Producing Results
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mr Mele Kyari has alleged a threat to his life over his role in curtailing the theft of oil running into trillions of naira in the!-->!-->!-->…
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