Aviation fuel price rises 143% in three years
Aviation fuel has in the last three years risen by about 143 per cent, information gathered from the industry has shown.
Airline operators said the product which sold at N255 per litre earlier this week had been scarce in the past two!-->!-->!-->…
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Alleged oil bunkering: EFCC investigates 58 suspects, vessels
The Economic and Financial Crimes Commission (EFCC) on Friday, said it was investigating 58 suspects, vessels and others over alleged illegal oil bunkering.
The commission said the investigation followed the arrest and handover of the!-->!-->!-->…
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NSCDC Arrests 15 Pump Attendants
The Nigeria Security and Civil Defence Corps (NSCDC) has arrested 15 pump attendants in Akwa Ibom, for allegedly violating the Department of Petroleum Resources (DPR) seal order and engaging in other illegalities.
The Commandant of!-->!-->!-->…
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Project Train 7 To Create Jobs, Address Insecurity
The Executive Secretary, Nigerian Content Development Management Board, Engr Simbi Wabote has said in line with the Minister of State for Petroleum Resources, Chief Timipre Sylva, proposition, NLNG Train-7 Project FID would create jobs,!-->…
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LNG: Nigeria leads in projected $103bn investment
Nigeria and some other African countries have been predicted to attract a whopping $103 billion into the continent from Liquefied Natural Gas during the current year.
According to report by Africa Business Community, the continent holds!-->!-->!-->…
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NNPC promises to grow domestic gas utilization to 5bcfd by 2022
The Nigerian National Petroleum Corporation (NNPC) has expressed its determination to aggressively grow domestic gas utilization in-country to 5billion cubic feet of gas per day from its current 1.7billion cubic feet of gas per day by!-->!-->!-->…
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Robert Mugabe is dead
Robert Mugabe, former Zimbabwean president is dead. He died at the age of 95. He reportedly died in a hospital in Singapore on Friday morning.
He served as prime minister of Zimbabwe from 1980 to 1987 and then as president from 1987!-->!-->!-->!-->!-->…
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NNPC assures of constructive engagement with Unions to improve productivity
As part of efforts to place the corporation on a the path of solid growth, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has pledged to constructively engage the Petroleum and Natural!-->…
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NNPC seeks DSS’ assistance on debt recovery, vandalism
The Group Managing Director of the Nigerian National Petroleum Corporation, Mr Mele Kyari, has asked the Department of State Services to assist the NNPC in its effort to recover outstanding debts as well as curb pipeline vandalism.
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Respite for Nigeria as Exxon Mobil, Shell lose $1.8b arbitration award
Exxon Mobil Corporation and Royal Dutch Shell Plc have both lost their bids to revive a $1.8 billion arbitration award against Nigeria.
According to Reuters, a U.S District Judge, William!-->!-->!-->…
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