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Lagos, Nigeria
Friday, December 15, 2017

NNPC: How We Are Resolving The Fuel Scarcity Hurdle

 The Nigerian National Petroleum Corporation (NNPC) says it dispenses 1,300 truckloads of Premium Motor Spirit (PMS) from its depots daily.This proactive measure according to...

Electricity Generation Hits 7,000mw, But 2,000mw Idle

 Nigeria’s electricity generation has hit 7,000 megawatts, the highest in the history of Nigeria, but a large proportion of the generation is idle.Reports say...

PENGASSAN Issue Strike Notice Over Alleged Injustice in Oil Sector

 Activities in the oil sector is set to be paralysed after the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, issued a...
petroleum ministry

FEC Orders NNPC & Petroleum Ministry to End Fuel Scarcity

 The Federal Government has ordered the Nigerian National Petroleum Corporation (NNPC) and the Petroleum Ministry to put an end to the current fuel scarcity...
London Trip

NNPC’s GMD Cuts Short London Trip, As Fuel Queues Resurface

 The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru is cutting short his trip to London, amid sudden fuel queues in...

Scarcity: Fuel Queues Return To Lagos Metropolis

 Fuel queues have resurfaced across major parts of Lagos States leading to chaotic traffic situations in and around the metropolis.The queues started on Monday afternoon...
power outage

Maryland, Mende,Ketu And Environs To Experience 8-Days Power Outage

 There would be interruption of power supply in some parts of Lagos communities from November 3 to 10, Ikeja Electric Plc (IKEDC) announced on...

Global Oil Prices Hit $53 Per Barrel

 Oil prices exceeded the maximum for two months on July 31 following a decrease in the U.S. inventories, as well as the threat of...
Petroleum Industry Governance Bill

After 17 years, Senate Passes Petroleum Industry Bill

 The Petroleum Industry Governance Bill (PIGB),hurdled the Senate on Thursday, bringing the measure that took 17 years in the making a step closer to...
Ifeanyi Ubah

DSS Arrests Ifeanyi Ubah Over N11billion Oil Theft

 Ifeanyi Ubah, the chairman of Capital Oil and Gas Limited has been arrested by the Department of State Services,DSS.The agency reveals Ubah's arrest through...
Dr. Ibe Kachikwu

Nigeria Oil, Gas To Provide Investments In Excess of $50billion –Kachikwu

 Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the economic growth plan recently launched by the Federal Government will provide strategic and...

NNPC Supplies the Cheapest, Most Reliable Power to Nigerians – GMD

Nigeria National Petroleum Corporation (NNPC), supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti Baru, the corporation’s Group Managing Director says.Baru made...

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