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The Pipeline and Product Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has announced an increment in the price of petrol to N151.56 per litre. In a statement obtained by Vanguard, D.O Abalaka of…
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The pump price of petroleum ought to be nearer to N155 for every liter , the Chairman of the Major Oil Marketers Association of Nigeria , Mr Adetunji Oyebanji, has said. Oyebanji, who is the overseeing chief/CEO of 11 Plc (…
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The Nigeria LP Gas Association (NLPGA), has kicked against plans by the Petroleum Products Pricing Regulatory Agency (PPPRA), to impose an administrative fee on liquefied petroleum gas (LPG) also known as cooking gas in the nation.   The…
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*NNPC owned & operated Port Harcourt Refinery The rehabilitation and upgrade of the Port Harcourt Refining Company, PHRC, will be concluded in the first quarter of 2023, the management has said. Managing Director of the Port…
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The Department of Petroleum Resources (DPR) has shut down Offshore Safety Training Centres in Warri and Port Harcourt operated by Opeans Nigeria Limited. Opeans Nigeria Limited operates two Offshore Safety and Emergency Training Centers in…
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San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, has conditionally agreed to invest US$7.5 million by way of a loan to Decklar Petroleum, the local subsidiary of Asian Mineral…
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Oil minister promises attractive fiscal framework for gas in new bill A new version of the executive bill, which is slated to be submitted before National Assembly in the next few weeks, New Telegraph gathered, guarantees attractive…
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Nigerian conglomerate BUA Group has selected France’s Axens for a multibillion-dollar 200,000 barrel per day (bpd) refinery and petrochemicals plant in Nigeria, the French company said in a statement on Tuesday. Axens, which makes…
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The Federal Government has disclosed that Nigeria will be a net exporter of petroleum products by 2022 with the five built refineries across the country and the 7 refineries that are currently under construction. The disclosure was made…
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Entaglement is the new jargon in the Nigerian entertainment space currently.The word is used to mean a sort of intimate relationship is basically meant to be for ‘fun’. The phrase started as a result of the recent love escapades played…
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