82.4 F
Lagos, Nigeria
Friday, December 15, 2017

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...
Shell & Eni

Shell, ENI Ask Federal Government to Lift Forfeiture on OPL 245

  A Federal High court in Abuja will hear on 27 February a plea by Shell and ENI to lift a temporary forfeiture to the...

IPMAN To Nigerians: There’s No Plan to Increase Fuel Price

 The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State is asking its members to disregard the rumour of a possible price hike...

NLNG To Phase-Out The Use Of Kerosene, Firewood In Nigeria

 NLNG, Nigerian Liquefied Natural Gas, has express commitment to support Federal Government’s efforts to get more Nigerians to switch to cooking gas by making...
Kerosene Scarcity hits Lagos

Kerosene Scarcity Hits Lagos,As Consumers Lament

 The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has confirmed that there is no kerosene in any of the depots in Lagos.The...

NNPC Targets 20% Petrol Supply From Local Refineries

 The Nigerian National Petroleum Corporation (NNPC) has commenced moves to reduce fuel import by boosting the capacity utilization of the refineries to 60 per...

Forex Responsible For Kerosene Price Hike—IPMAN

 The recurring hike in the price of kerosene in the country has been attributed to unstable foreign exchange occasioned by the lingering economic recession.Olanrewaju...

NNPC Lists 39 Bidders For Crude Sales For 2017/2018

 The Nigerian National Petroleum Corporation (NNPC) on Wednesday release names of 39 bidders for the sale and purchase of Nigerian crude for 2017/2018.The list...

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