JUST IN: Nigerian govt hikes fuel price to N212 per litre
Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households.
The fuel pricing regulator PPPRA said in its template released on!-->!-->!-->…
Read More...
Read More...
Axxela Completes another 18km Gas Pipeline in Nigeria
...Achieves first gas to Rite Foods factory
Axxela Limited via its subsidiary Transit Gas Nigeria Limited (TGNL), and in partnership with the Nigerian Gas Marketing Company Limited (NGMC) a subsidiary of the Nigerian National Petroleum!-->!-->!-->…
Read More...
Read More...
57 marginal oilfields: FG wants signature bonus from 161 companies
-By Teddy Nwanunobi
The Federal Government has requested from the 161 companies shortlisted as bid winners of the 57 marginal fields on offer in the country’s second marginal field bid round for the signature bonus.
It added that it!-->!-->!-->!-->!-->…
Read More...
Read More...
NNPC, Auditor-General Disagree Over Unremitted N4trn Revenue
*It was impossible to hide such magnitude of money anywhere --Ajiya
The Nigerian National Petroleum Corporation (NNPC) and the Office of the Auditor-General for the Federation, on Tuesday, disagreed over non-remittance of !-->!-->!-->…
Read More...
Read More...
IWD: Schneider Electric Pledges Continued Support to Finalists at NDES Female Start-ups Tourney
The six winning female Start-up Founders at the just-concluded Nigeria Digital Economy Summit (NDES) Accelerator Programme held in collaboration with Foresight Seeds Fund, a part of The Foresight Group, will receive some sponsorship and!-->…
Read More...
Read More...
IPMAN opposes scrapping of Petroleum Equalisation Fund
*PEF's main function is to ensure price uniformity of petroleum products via the reimbursement of marketers for trucking products to filling stations anywhere in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN)!-->!-->!-->…
Read More...
Read More...
Conoil’s 30,000 bpd flowstation in Nigeria’s Bayelsa state shut by host community
A crude production flow station operated by Conoil Production at Ango field in Koluama, Southern Ijaw Local Government Area of Bayelsa, has been shut by the host community.
The News Agency of Nigeria (NAN) reports that the oil workers!-->!-->!-->…
Read More...
Read More...
Gas: DPR shuts down 86 illegal plants in Lagos
-By Teddy Nwanunobi
The Department of Petroleum Resources (DPR), on Wednesday, said that it has sealed off 86 Liquefied Petroleum Gas (LPG) plants in Lagos State in 2020 for operating illegally.
Lagos.nnnDPR, in its Twitter handle,!-->!-->!-->!-->!-->…
Read More...
Read More...
PHOTO NEWS:
The Federal Government Committee on Domestic Gas Price Framework Review has presented its final report to the Hon. Minister of State for Petroleum Resources (HMSPR) H.E Timipre Sylva.
In attendance at the occasion were the Permanent!-->!-->!-->…
Read More...
Read More...
Executive Secretary, NCDMB Hails Outgoing OGTAN President
The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has commended the outgoing President of the Oil and Gas Trainers Association of Nigeria (OGTAN), Dr Mayowa Afe for bringing!-->…
Read More...
Read More...

