Oil& Gas
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NNPC to support law against gas flaring
The Nigerian National Petroleum Corporation (NNPC) has said that it has put in place measures and facilities to curb gas…
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Gas suppliers demand cash before delivery
The Association of Power Generation Companies (APGC) has said the gas-fired Generation Companies (GenCos) owe gas suppliers about N200billion debt…
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U.S increases import of Nigerian crude
US crude imports from Nigeria rose by 13.6 per cent to 325,000 barrels per day from 286,000 b/d the most…
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Oando shares soar by 131%, its highest level in 18 months
Figures from the Nigeria Stock Exchange (NSE), show that stocks hit a four-month high earlier this week, lifted by gains…
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NUPENG urges FG:Create agency to protect pipelines
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has appealed to the Federal Government to create Pipeline Protection…
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NNPC, Fuel Marketers at conflict over Introduction of Bulk Purchase Agreement Fee
The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) are heading for a collision…
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NNPC to build 4,000MW power plants in 10 years
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will invest about $15 billion to build thermal power plants…
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Kerosene prices drops by 18.77 percent in february
The National Bureau of Statistics (NBS) said that average price per litre paid by consumers for National Household Kerosene, decreased…
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Shell exploration arm shuts down Bonga, cuts Nigeria’s oil output
The exploration and production arm of Shell in Nigeria – Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced…
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Threat of Fuel scarcity looms in six states as IPMAN warns to shut stations
Independent Petroleum Marketers Association of Nigeria (IPMAN), has warned of imminent fuel scarcity in the six states of the country…
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