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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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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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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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-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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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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…FG paying N1.53bn daily The amount the Federal Government, through the Nigerian National Petroleum Corporation, NNPC, is paying for subsidy on Premium Motor Spirit, PMS, also known as petrol, has risen to N27.81 per litre, according to…
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-By Kenny Folarin Leading talent recruitment agency, Jobberman has unveiled the 5th edition of the annual best 100 Companies to work for in Nigeria at a well-attended event in Lagos. The report provides comprehensive market…
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-By Kenny Folarin OVH Energy Marketing Limited and the Major Oil Marketers Association of Nigeria (MOMAN) have reiterated the need for the deregulation of the nation’s petroleum industry, saying it remains the best way to sustain…
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The Department of Petroleum Resources (DPR) said that the nation had recorded a rise of 754 million barrels production capacity, pushing its oil reserves to 37 billion barrels including condensate and 199 trillion cubic feet of gas…
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The Extractive Industries Transparency Initiative (EITI) has lauded the Nigerian National Petroleum Corporation (NNPC) as one of the global leaders in terms of publication of its accounts and data and urged other companies to emulate…
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