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Professor Wumi Iledare, former President, National Association of Energy Economics (NAEE), said the global oil price slump was an opportunity for Federal Government to exit the under recovery and over recovery challenges in the petroleum…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano chapter, has assured the people of sustained supply and distribution of petroleum products, as the country battles coronavirus pandemic. The Chairman of IPMAN in…
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Scores of Ijaw Youths under the aegis of the Ijaw Youth Council (IYC) Central Zone led by its Chairman, Kennedy Olorogun on Thursday sealed up seven filling stations over failure to adhere with the price regime of N125 per liter for PMS. …
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Some marketers on Thursday expressed concern over the shutdown of all loading depots of the Pipelines Products Marketing Company (PPMC) in the South West due to activities of vandals. The marketers, who spoke to the News Agency of…
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Oil prices extendedgains fora thirdsession yesterday rising alongside broader financial markets on the hope that Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic.  U.S. crude…
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The Department of Petroleum Resources has said licence renewal for filling stations, gas plants and jetties will henceforth be based on proof that personnel in the stations have been subjected to safety training. The DPR’s Chief…
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The Department of Petroleum Resources (DPR) has told consumers of the Petroleum Motor Spirit (PMS) in Rivers State and other neighbouring states not to expect the scarcity of the product despite the outbreak of the Coronavirus pandemic. …
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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed concern over the coronavirus outbreak. The cases of the global pandemic in the country have risen to 46 in Nigeria. The body said it may order its members…
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The Saudi government has confirmed that this year the Hajj may be canceled and has asked all Hajj companies not to make any necessary arrangements. In the last week of February, Saudi Arabia halted Umrah trips to the holy cities of…
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Nigeria should take advantage of the oil price slump to reposition its oil and gas sector. The recent slump in crude oil price as well as the spreading coronavirus (COVID-19) pandemic have sent shock waves to managers of economies that are…
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