Energy

NNPC allays fear over fuel scarcity, says 1.7bn litres in stock

The Nigerian National Petroleum Corporation (NNPC) has allayed fears of any hitch in petroleum products supply following reports of resurgence…

4 years ago

PPMC: Nigeria spends N8.3bn daily on petrol subsidy

Managing Director, Petroleum Products Marketing Company (PPMC), Mr. Isiyaku Abdullahi, has said that the full deregulation of the petroleum downstream…

4 years ago

Kyari: With Dangote, NNPC’s refineries, Nigeria needs extra 17m litres of PMS daily

Nigeria needs a refining capacity of about 1.52 million barrels per stream day (MBPSD) to meet its petrol requirement in…

4 years ago

DPR personnel won’t lose jobs, entitlements – NURC CEO

Chief Executive Officer of Nigerian Upstream Regulatory Commission (NURC), Mr. Gbenga Komolafe, has assured staff of its defunct Department of…

4 years ago

FG sacks CEOs as new bodies replace DPR, PPPRA, PEF

The Federal Government has scrapped the Petroleum Products Pricing Regulatory Agency (PPPRA), the Department of Petroleum Resources (DPR) and the…

4 years ago

Ganduje sacks NNPC/AKK project chair over poor performance

Governor Abdullahi Umar Ganduje of Kano has sacked the Chairman, state NNPC/AKK Gas Pipeline Project and Gas Industrialisation Committee (KNSG-PDIC),…

4 years ago

Bad roads: NUPENG shelves proposed nationwide strike

The planned strike by the National Union of Petroleum and Gas Workers (NUPENG) and its affiliate members, Petroleum Tanker Drivers…

4 years ago

2022 Budget: FG targets N3.16trn revenue from oil

The Federal Government has set a target of N3.16 trillion revenue from oil in 2022. It also projected N2.13 trillion…

4 years ago

Buhari to ExxonMobil: Invest more in Nigerian assets

President Muhammadu Buhari has urged operators in the petroleum industry to take advantage of the new Petroleum Industry Act (PIA)…

4 years ago

Sylva: How court cases may chase IOCs from Nigeria’s onshore

There are high indications that International Oil Companies (IOCs) operating in Nigeria, may be forced to leave the onshore, as…

4 years ago

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