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Egbema Offshore Communities Demands Relief Materials, Clean Up, Compensation To Victims, Affected Communities

The Leadership of Egbema Offshore Communities have sent a demand notice to the Shebah Exploration and Production Company Limited (SEPCOL) in OML108 over the explosion of the Floating Production Storage And Offloading Vessel (FPSO) in Delta State that had about…

JUST IN! Adulterated Fuel: CNPP Urges NNPC GMD To Resign, Wants Importers Prosecuted

Conference of Nigeria Political Parties (CNPP) has called on the Group Managing Director/Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, to resign after he admitted that ‘adulterated’ Premium Motor Spirit (PMS) from Belgium got into…

Fuel Scarcity: FG Identifies Excess Additive In Supply Chain

The Federal Government has revealed that it has identified and subsequently dealt with what may have caused panic buying of petrol in some parts of Lagos and Abuja. Responding to the resurgence of fuel queues in Lagos and Abuja, the…

Senate Commends NNPC for Engendering Competitiveness

…Pledges Support for Frontier Exploration The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee,…

Tanker explosion: Delta will take steps to avert reoccurrence – Amgbaduba

Delta State Government on Thursday said it would take steps to avert reoccurrence of the petroleum tanker accident which led to loss of lives and razing of buildings in Ohoror-Uwheru community in Ughelli North Local Government Area. State Commissioner for…

Wabote Saga: CNPP, CSOs Urge President Buhari To Suspend NCDMB Executive Secretary

…Accuse Wabote of Remaining Company Director While in Office, Want EFCC, CCB to Investigate Allegations Conference of Nigeria Political Parties (CNPP) and a coalition of civil society organisations (CSOs) have called on President Muhammadu Buhari to do the needful by…

NNPC Speaks on Adequate Supply of Petrol, Speculative Buying

Amid speculative buying of Premium Motor Spirit (PMS), popularly known as petrol, Nigeria National Petroleum Company Limited (NNPC Ltd) has assured the public that the Company has sufficient stock to meet the needs of Nigerians. The company, therefore, advised members…

JUST IN! Fuel Subsidy Removal: FG Moves To Amend PIA

Nigeria’s Federal Government (FG) has concluded plans to approach the National Assembly to amend the recently passed and assented Petroleum Industry Act (PIA). This was disclosed by the Minister of State for Petroleum Resources, Mr Timipre Sylva, who addressed reporters…

Buhari Not In Support Of Fuel Subsidy Removal – Timipre Sylva Says

Nigeria‘s Minister of State for Petroleum, Timipre Sylva, has revealed that President Muhammadu Buhari is not in support of the removal of subsidy on the Premium Motor Spirit (PMS), popularly known as petrol. Rather, he explained that the Federal Government…

PIA Provides Enormous Business Opportunities for NNPC, Says Kyari

On the heels of the full commencement of implementation of the Petroleum Industry Act (PIA) by the Federal Government, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) earn more…

NNPC Rakes in N203bn from Petroleum Products Sale in July 2021

…As Gas Production Goes Up 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National Petroleum…