The Federal Government is potentially staring at a N1.68tn fuel subsidy bill for the last quarter of 2023, as oil marketers indicate that the pump price of petrol should range between N890 to N900/litre. This projection comes in light of the depreciating naira and the surge in global crude oil …
Read More »
The Nigerian National Petroleum Company (NNPC) Limited says it has in stock 1.2 billion litres of Premium Motor Spirit, otherwise called fuel, that would ensure a robust supply of the product for at least 35 days. Chief Corporate Communications Officer, NNPC Limited, Mr. Garba Deen Muhammad in a statement at …
Read More »
THE Group Chief Executive Officer, CEO, of the Nigerian National Petroleum Company, NNPC, Limited, Melee Kyari, on Tuesday, said some illegal petroleum products piplelines were connected to Churches and Mosques. He also said that the shutting down of pipelines in the country was deliberate. The CEO also said that the …
Read More »
An indigenous oil and gas company, ND Western Limited, and its partners have built a medical diagnostic facility in Ogunu, Warri, Delta State. The DeltaPlus Diagnostics medical facility was a corporate social responsibility (CSR) project of the Independent Petroleum Producers Group (IPPG), ND Western, and the Nigerian Petroleum Development Company …
Read More »
The Nigerian National Petroleum Corporation on Wednesday said it was collaborating with law enforcement agencies and other relevant downstream and upstream stakeholders to curb the menace of petroleum products smuggling and crude oil theft. It named the law enforcement agencies to include the Economic and Financial Crimes Commission, Department of …
Read More »
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related assets in the Eastern Niger Delta to TNOG Oil and Gas Limited, an integrated energy company founded by Mr Tony Elumelu. Shell Petroleum Development Company of Nigeria Limited, …
Read More »
The Nigerian National Petroleum Corporation, NNPC, paid itself N1.53 trillion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in three years and six months, from January 2017 to June 2020, according to series of documents obtained from the corporation. According to the documents, in 2017, 2018 and …
Read More »The Delta State government has banned any form of protest by youths and communities at the offices of the international oil companies (IOCs) operating in Delta. Speaking during a meeting with some officials of Midwestern Oil and Gas Company, the State Commissioner for Oil and Gas, Emmanuel Amgbaduba, said the …
Read More »
As the holidays rolled back in the New Year, members of the Chevron Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) today, Monday Jan 6, 2020 resumed protest against their management. The enraged staff accused the management of shortchanging them, indiscriminate sacking of Nigerian staff and therefore insisted …
Read More »
Prince Femi Odulaja, fondly called Femostika, launched an energy sector focused tv show, Rig to Pump (Rig2Pump or R2P), after noticing an in depth gap in the reportage of the Nigerian oil and gas industry. With decades of accomplishments under his belt working for the biggest international oil company before …
Read More »
Freelanews …an online news platform without fake news
