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Thursday, October 1, 2020

Nigeria would privatise NNPC, amend royalties under draft oil reform bill

Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year...

PETROAN calls for a truce among FG, NLC, others

The President of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr Billy Gillis-Harry has called on...

NNPC, Total donates laboratories to enhance student practical experience

The Total Upstream, Nigeria National Petroleum Corporation (NNPC) and partners have donated a science laboratory block consisting...

FG spent N8.9t on subsidy in 10 years -PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between...

Private tank farms responsible for refineries’ collapse, says IPMAN

The Independent Petroleum Marketers Association (IPMAN) has said that the collapse of Nigeria’s refineries can be traced to the birth of private...

DPR warns marketers against exploitation

DPR has warned marketers operating in Zamfara not to use petrol subsidy removal as an excuse to exploit customers at the filling...

NNPC reveals plan to support deployment of CNG facilities

The Nigerian National Petroleum Corporation (NNPC) has pledged to support ongoing initiatives by the Ministry of Petroleum Resources to provide alternate energy...

SUNREF sets to implement €70m renewable energy project in Nigeria

The Sustainable Use of Natural Resources and Energy Finance (SUNREF) is set to launch a technical assistance facility...

OPEC celebrates 60yrs of promoting stability

By Ibraheem Olamileken The Organization for Petroleum Exporting Countries (OPEC) is celebrating its 60th anniversary...

FG, Labour to meet over electricity tariff, petrol price hike

The federal government and the organised labour are to meet Tuesday over disagreements arising from the recent increase in electricity tariff and...

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