Oil& Gas
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
NNPC failed to account for N5.1tr subsidy – Senate
The Senate has said the Nigeria National Petroleum Corporation (NNPC) has collected N5.1 trillion as fuel subsidy without giving any…
Read More » -
NNPC shuts down Warri refinery over power outage
The 125,000 barrel per day (bpd) Warri refinery has been shut down by the Nigeria National Petroleum Corporation (NNPC) after…
Read More » -
No recent explosion at any gas pipelines-NLNG
Mr. Tony Attah, the Chief Executive Officer of the Nigeria Liquefied Natural Gas Limited (NLNG) says there is no…
Read More » -
OPEC loses $1trn to oil price fluctuation
The Organisation of Petroleum Exporting Countries (OPEC) has lost over $1 trillion to fluctuation of oil prices, its Secretary General,…
Read More » -
PIGB: FG proposes payments of NNPC’s dividends into SWF
The Federal Government has proposed that some of the dividends from the operations of the Nigerian National Petroleum Corporation (NNPC)…
Read More »