‘Why hike in cooking gas price may persist’
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the current hike in price of cooking gas might persist if activities of Liquefied Petroleum Gas (LPG) Terminal Owners and Off Takers is not checked.
The!-->!-->!-->!-->!-->…
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Beware of “Facilitators”, Kyari Warns Insurance Brokerage Firms
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on insurance brokerage firms that participated in the expression of interest to insure NNPC’s oil and non-oil assets to be!-->…
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Fuel Scarcity Looms In Nigeria As Marketers Dare Customs
……Border Town Energy, Telecom Service, Others At Risk
Operatives of the Nigeria Customs Service (NCS) are believed to have commenced a nationwide crackdown on delivery tankers belonging to the Independent Petroleum Marketers Association!-->!-->!-->…
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Nigeria Customs Seek To Return Import Tax On Petrol
Comptroller General of the Nigeria Customs Service, Col Hameed Ali (Rtd) has sought the permission of lawmakers in the House of Representatives to return erstwhile import taxation on petroleum products.
At the budget defence of the!-->!-->!-->…
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Nigeria, Benin, Niger raise joint team on border reopening
A joint patrol team comprising Nigeria, Benin and Niger Republic will set up a date for the opening of the borders, the countries said on Thursday.
The patrol team was set up by the tripartite committee of the three countries on border!-->!-->!-->…
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PTDF, stakeholders brainstorm on oil sector laws
The Petroleum Technology Development Fund (PTDF), in collaboration with the Federal Ministry of Justice and other stakeholders, has harped on the need for lawyers to be informed on emerging trends in the oil and gas industry.
Speaking!-->!-->!-->…
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NNPC secures $1.16m US grant for 1,350MW Abuja Power Plant
The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project!-->…
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Nigeria’s oil thieves hold sway amid weak penalties
*Oil thieves have continued to have a field day in Nigeria, rocking the nation’s main source of revenue undaunted by the existing penalties
The theft of crude oil and petroleum products has increased in recent months in the country,!-->!-->!-->…
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Local content will cut unit cost of crude oil production -Sylva
*Nigeria’s high production cost per barrel of crude oil, considered one of the highest in the world, is a concern to the Federal Government. In view of this challenge, the Minister of State for Petroleum Resources, Chief Timpre Sylva, has!-->…
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President Buhari Meets With Pearson Group In London
President Muhammadu Buhari on Wednesday met with the management of Pearson Education Group in London, the United Kingdom.
The picture of the meeting was shared by the Special Assistant to the President on New Media, Bashir Ahmad, on his!-->!-->!-->…
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