Petroleum

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PIA will drive transformation of Nigeria’s energy sector — Osinbajo

Vice President Yemi Osinbajo says the Petroleum Industry Act (PIA), as well as Nigeria’s gas initiatives, will help transform Nigeria…

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Jet-A1: Petroleum expert attributes price increase to importation

The General Manager, Total Energies Nigeria, Mr Rabiu Abdulmutalib, has attributed increase in the price of Jet-A1 to continuous importation…

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Experts laud FEC approval of NNPC’s 20% stake in Dangote Refinery

Experts have backed the Federal Executive Council’s approval of the acquisition of 20 per cent minority stake by the Nigerian…

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Nigeria seems to be subsidising the whole of Africa – FG

The Federal Government says it has facilitated the use of a tracking device to track every truck loading petroleum product…

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Petroleum products marketers have no plan to go on strike – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is neither planning to go on strike nor planning to shut fuel…

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NNPC, EFCC, others to tackle smuggling of PMS, crude oil theft

The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services…

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PEF to encourage petroleum products transport by rail

The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi says plans are in the pipeline to commence transportation of…

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Nigeria still has more work to do in the gas space – Buhari

President Muhammadu Buhari Monday in Abuja launched “The Decade of Gas in Nigeria” with a pledge that his administration would…

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NNPC to generate $600m from Marginal fields

The Minister of State for Petroleum Resources, Timipre Sylva, says his ministry is expected to generate 600million dollars from its…

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