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The state minister of petroleum, Timipre Sylva disclosed that the federal government will save at least one trillion Naira from the deregulation of oil sector.. He pointed out that the government will use the money to fix and revamp the…
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Minister of state petroleum resources, Chief Tmipre Sylva has faulted the former vice president Atiku Abubakar over his comments against the removal of fuel subsidy. Atiku had in his tweeter handle insisted that fuel price ought to have…
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The Minister of State for Petroleum Resources, Chuef Timipre Sylva, says the Federal Government’s decision to fully remove subsidy from petrol will earn the country ₦1trn annually and create massive jobs. Sylva, who said this on…
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There must be cheaper and cleaner alternatives to petrol and diesel made available to the public especially now that full deregulation of the Nigerian Petroleum downstream sector commenced, Major Oil Marketers Association of Nigeria…
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As efforts to reforming Nigeria’s oil and gas sector through passage of the Petroleum Industry Bill (PIB) remains on the front burner, industry experts have continued to weigh in on the provisions that will make the bill a good one,…
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The Edo Modular Refinery is targeting an increased refining capacity of 60,000 barrel per day (bpd) of crude oil against its original 6,000 bpd. The modular refinery is a project being developed by two Chinese firms, the AIPCC Energy…
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The Nigeria National Petroleum Corporation (NNPC), Group Managing Direction, Engr. Mele Kyari has said that plans are under way to help marketers have access to foreign exchange (Forex) and this will enable them to import Petroeum…
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There are fresh doubts over the federal government’s claim of fuel deregulation of the downstream segment of the petroleum industry with the latest admission by the Group Managing Director of the Nigerian National Petroleum Corporation…
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the benefits of oil subsidy removal, far outweighs immediate pains that it currently presents. The GMD said this while discussing the…
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The Group Marketing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has dismissed the criticism that followed the recent fuel price increase. According to Kyari, the issue of subsidy has been a big issue in…
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