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The Minister of State for Petroleum Resources, Timipre Sylva, has said there would not be a major drop in price of petrol even if Nigeria starts refining its oil locally. The minister stated this while appearing alongside the Minister…
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• PDP, TUC urge reversal of petrol price hike, electricity tariff raise The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised the Federal Government to deregulate the downstream oil sector completely and…
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The minister said this will be done free of charge for all Nigerians to cushion the effect of the hike in the pump price of petrol. Timipre Sylva,The Minister of State for Petroleum Resources has claimed that the Federal…
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As part of the efforts to provide alternatives to petrol as vehicular fuel following the hike in the cost of the product, Nigerian National Petroleum Corporation (NNPC) has unveiled plans to begin the activation of Compressed Natural Gas…
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The Fourteenth of September 2020 is a very special day for the Organization for the Petroleum Exporting Countries, OPEC. This sees the Organization celebrate its 60th anniversary. In a statement on Monday, the…
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If the draft Petroleum Industry Bill, which is currently before President Muhammadu Buhari is passed by the National Assembly into law in its present form, then a total of 12 legislations in the oil and gas industry would be repealed by…
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. Lists four legal instruments, bobby traps that must be repealed Nigerian leading Energy Policy Analyst and immediate past Chairman, Society of Petroleum Engineers (SPE), Nigeria Council, Engineer Joe Nwakwue, has picked holes in…
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The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy source to Nigerians through aggressive activation of Compressed Natural Gas…
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Ayuba Wabba, President of the Nigeria Labour Congress (NLC), has said labour would not protest the recent increment in prices of various essential commodities, including fuel and electricity yet. Also, electricity tariff was increased…
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The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, has said that plans are underway to create a window that would allow oil marketers to access foreign exchange at the same rate as theCorporation. He said,…
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