Petroleum

Malam  Bello Rabiu , a Former Chief Operating Officer, Upstream of the Nigerian National Petroleum Corporation (NNPC)  says that  full deregulation of the Nigerian downstream oil sector does not stop with removal of subsidies by…

Sen. Albert Akpan, the Chairman of Senate Committee on Petroleum Resources Upstream, says the Petroleum Industry Bill (PIB) will provide a framework for addressing infrastructure deficit in oil producing areas.Akpan said this…

The Ogun Command of Nigeria Customs Service (NCS) said on Thursday that it made a total of 1,830 seizures, valued at N2.4 billion between January 2020 and January 2021.The Area Comptroller of the command, Mr Peter…

Speaker of House of Representatives Femi Gbajabiamila says the lawmakers plan to pass Petroleum Industry Bill (PIB) by April.Gbajabiamila made the announcement while speaking at a public hearing on the Bill, organised by the…

The Petroleum Products Pricing Regulatory Agency (PPPRA)  has given assurance of availability of adequate petroleum products throughout the Yuletide period.The agency gave the assurance in a statement signed by its Executive…

The Nigeria Liquefied Petroleum Gas Association (NLPGA) will hold its 10th International Annual LPG Conference on Dec. 4.The association made the announcement in a statement issued by its President, Mr Nuhu Yakubu on Friday in…

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Wednesday said a meeting held with the Federal Government was inconclusive.The union’s President, Mr Felix Osifo, who disclosed this in a…

Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says global investments in energy is moving toward renewable, cleaner, cheaper and efficient energy options.Kyari, represented by Mr Musa…

The Nigerian Ports Authority (NPA) said 23 ships laden with petroleum products and food stuff had arrived and discharging their contents at the Lagos ports. SEE ALSO: Ports & Cargo receives new vessel on first voyage from Singapore…

The Nigerian Ports Authority (NPA) on Thursday said that 19 ships at the Lagos ports were discharging petroleum products and food stuff. SEE ALSO: Nigerian States Must Co-exist Peacefully - Hamzat The NPA made this known in its…

Mr. Joe Nwakwe, a former  President, Society of Petroleum Engineers (SPE) says the government needs to be encouraged in its efforts to ensure full deregulation of the downstream oil sector.Nwakwe made this known in an…

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Malam Mele Kyari says the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the…

The Nigerian National Petroleum Corporation (NNPC)says it will soon begin activation of Compressed Natural Gas (CNG) refill stations for motorists across the country.The corporation disclosed this in a statement by the Group…

Dr. Samuel Nzekwe, former President, Association of National Accountants of Nigeria (ANAN) has commended the Federal Government for the removal of petrol subsidy in the country.Nzekwe made the commendation on Friday in an interview…

The Nigerian Ports Authority (NPA) said on Monday that 21 ships were at the Lagos Port Complex discharging petrol, automobile gasoline and other items. SEE ALSO: Mauritius Declares Environment Emergency After Oil Spill It made this known…

The Nigerian Ports Authority (NPA) says it is expecting 23 ships laden with petroleum products, food items and other goods between Aug. 18 and Aug. 25. SEE ALSO: FRSC Set To Seize Trailers Carrying Unlatched Container The NPA made this…

The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.…

Oil prices edged down on Monday as traders took profits, with the Organisation of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June. SEE…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it has set up a monitoring team to curb the movement of adulterated products by tanker drivers across the country.Mr Chinedu Okoronkwo, President, IPMAN told…

Department of Petroleum Resources (DPR) on Tuesday urged oil marketers to ensure distribution of petroleum products even with the stay at home order meant to check Coronavirus spread in the country. SEE ALSO: Cashier absconds with…

The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Saturday said physical fitness was very crucial to workers’ well-being towards attainment of optimal performance.SEE ALSO: …

A Federal High Court in Lagos, on Friday, ordered the interim forfeiture of Jewelry and Customised Gold iPhone, belonging to a former Minister of Petroleum Resources, Diezani Allison-Madueke.The properties are all valued at 40 million…

The Nigerian Ports Authority (NPA) says in its daily publications ‘Shipping Position’ that 13 ships are currently discharging petroleum products and other commodities at the Apapa and Tin-Can Island ports in Lagos.The News Agency of…

Kabiru Marafa, a senator from Zamafara has warned that oppositions of the president Buhari's government might create issues that will lead to petroleum scarcity in the country. He equally mentioned that the president has been making moves…

The Nigerian Government says it has been able to reach a concrete agreement with petroleum marketers in the country on issues surrounding the settlement of their unpaid subsidy claims.Riding on the agreement, the Government assured…

The controversy trailing the Federal Accounts Allocation Committee (FAAC) for the last couple of months does not seem to have an end in sight as another scheduled meeting has ended in deadlock.The allocation issue was one of the major…

Petroleum Tanker Drivers (PTD) on Wednesday threatened to boycott bad roads should the Federal Government fail to  repairs  important  roads before the rains begin.The PTD National Chairman, Comrade Salimon Oladiti made the threat in…

The Director General of the Voice of Nigeria and a Chieftain of the All Progressive Congress (APC), Mr Osita Okechukwu, has called out former President Good luck Ebele Jonathan to restrain from involving himself with the politics of the…

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Tuesday deplored the leakage to the public of a memo to President Muhammadu Buhari by the ministry.Kachikwu expressed the displeasure in a statement in Abuja by Mr Idang…

The Department for Petroleum Resources (DPR) says it will commence online registration for petroleum marketers from October.Alhaji Abdullahi Abawa, the Operations Controller, DPR Gombe field office, made this known on Thursday in Gombe…