Excitement as NNPC Retail Ltd debuts Lubricants Market with Nitro, Rhino Engine Oils
After years of painstaking research and meticulous planning, NNPC Retail Limited, the Downstream Subsidiary of the Nigerian National Petroleum Corporation in charge of retail sales and marketing of petroleum products, Thursday in!-->!-->!-->…
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Kyari Says NLNG Train7 FID to be Taken in Dec 2019
As part of the concerted efforts to further grow the Nigerian Liquefied Natural Gas (NLNG) business in the Country, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari, has said that the!-->!-->!-->…
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LPG: FG to rehabilitate three refineries to boost local production
-By Kenny Folarin
The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas, LPG, by 2023.
The News Agency of!-->!-->!-->!-->!-->!-->!-->…
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DPR inaugurates multi million Naira Laboratory for petroleum products analysis in Imo
The Department of Petroleum Resources (DPR) on Wednesday inaugurated a multi million naira laboratory to ensure distribution of quality petroleum products in the South East zone of the country.
Alhaji Ahmed Shakur, the Director of!-->!-->!-->…
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NNPC, China Pipeline Company, Brantex Consortium, Firm Up Plans to Commence AKK Project
The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna- Kano pipeline project!-->!-->!-->…
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Senate invites NNPC, LNG over Brass projects
The Senate on Tuesday invited the management of the Nigerian National Petroleum Corporation (NNPC) and the Brass LNG to brief the Committee on Gas on the extent of implementation of the LNG project in Brass Island, Bayelsa State.
The!-->!-->!-->…
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NNPC Incurs N42.59/Litre As Under-recovery Between Nov 21 & 25
Data obtained from the Petroleum Product Pricing Regulatory Agency shows that the price Nigerians should have paid for a litre of petrol if there was no subsidy on November 21 would have been N178.92 — a difference of N45.64
The Nigeria!-->!-->!-->…
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FG will no longer tolerate sabotage of oil pipelines -Sylva
The Federal Government has warned that it would no longer tolerate deliberate sabotage oil pipelines by unscrupulous persons.
Minister of State for Petroleum, Chief Timipre Sylva, who issued the warning while playing host to the!-->!-->!-->…
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MPC retains benchmark lending rate at 13.5%
-By Kenny Folarin
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 13.5 per cent.
The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at!-->!-->!-->!-->!-->!-->!-->…
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FG to unveil beneficial ownership register in oil, gas sector soon
Waziri Adio, the Executive Secretary Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal Government will soon unveil the beneficial ownership register for the oil and gas industry.
Adio, who disclosed this to!-->!-->!-->…
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