THE Shell Petroleum Development Company, SPDC, is working to secure an expeditious discharge of the freezing injunction which was obtained […]
RTag: Department of Petroleum Resources
Ministry, DPR to inaugurates National Gas Transportation Network Code
THE federal ministry of petroleum resources, FMPR, in conjunction with Department of Petroleum Resources, DPR, will formally inaugurate the […]
Queues disappear in Abuja, Most Cities – Baru
Maikanti Baru, group managing director of the Nigerian National Petroleum Corporation, NNPC, has said that fuel queues noticeable in […]
NNPC Signs MOU with Benue State on Bio-Fuels Project
MAIKANTI Baru, group managing director of the Nigerian National Petroleum Corporation, NNPC, has said that the corporation doubled the daily […]
DPR to collaborate with Lagos Govt on Oil, Gas Development
THE DEPARTMENT of Petroleum Resources, DPR, is to collaborate with the Lagos State …
NNPC Assures of Support to Gas Flare Out Legislation
THE Nigerian National Petroleum Corporation, NNPC, has said that it has put in place measures and facilities to curb gas […]
Why Private Refineries Fail to Take Off
THE Department of Petroleum Resources, DPR, has attributed the failure of private investors to build refineries in the country to lack of crude oil and absence of funding. The agency said most of the investors licensed in 2003, were not satisfied with the federal government’s position that they would …
Shell Blames Kolo Creek Oil Spill on Sabotage
Shell Petroleum Development Company blames the Kolo Creel oil spill on brazen sabotage of its facility …
New Gas Price Regime Soon
THE Nigerian National Petroleum Corporation, NNPC, and the Department of Petroleum Resources, DPR, have advised manufacturers using gas to prepare for a deregulated gas price mechanism. The new regime may be introduced before the implementation of the Nigerian Gas Transportation …
Fuel Scarcity Petering Out
For about a week, Nigerians across the country experienced fuel shortage which caused long queues at filling stations, but just as promised by Ngozi Okonjo-Iweala, coordinating minister of economy, the situation appears to be getting better as the week progresses …
NNPC Moves to End Diversion of Kerosene
THE Nigerian National Petroleum Corporation, NNPC, and the Coalition of Grassroots Non-Governmental Organisation, CGN, have set up a 15-man team to monitor the sale of kerosene product. The development followed continued diversion of kerosene by the independent marketers of petroleum …
PricewaterhouseCoopers’ Audit Report Clears NNPC
The PricewaterhouseCoopers audit report absolves the Nigerian National Petroleum Corporation of not remitting the $20 billion into the federation account …
FG Owes Major Oil Marketers N250 Billion
THE Major Oil Marketers Association of Nigeria, MOMAN, has decried the non-payment of an outstanding N250 billion subsidy claims for 2014. Obafemi Olawore, executive secretary, MOMAN, said the outstanding N250 billion claims include accumulated interest and foreign exchange differentials. He …
NNPC to Sanction Fuel Hoarders
THE Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary, the Pipelines and Products Marketing Company, PPMC, has blamed the sudden fuel queues experienced in filling stations in Lagos, to the ongoing construction of Apapa road and its associated traffic gridlock. The NNPC …
DPR Goes Digital in Granting Oil Permits
The Department of Petroleum Resources is to eliminate delays and ensure that granting of oil and gas licence or permit takes only 70 hours through its newly launched digital portal. It has also threatens to sanction marketers who sell kerosene above the official price of N50 …
The Rift that Never Was
– Ohi Alegbe, group general manager, group public affairs division, Nigerian National Petroleum Corporation, dismisses media reports insinuating that there […]
War Against Fuel Scarcity
– Diezani Alison-Madueke, minister of petroleum resources, pays surprise visits to petrol stations in Lagos during which she accused petroleum […]
Witnesses Confirm NNPC’s Remittances
– Witnesses who appeared before the Senate committee investigating the allegation that the Nigerian National Petroleum Corporation did not $20 […]
NNPC, Everybody’s Butt
– More organisations have joined in whistle-blowing against the failure of the Nigerian National Petroleum Corporation to remit oil revenue […]
Petrol Scarcity without End
– As Nigerians continue to groan under the biting fuel scarcity, there seems to be no clear cut assurance as […]
DPR Wields Axe on Fuel Hoarders
– In a bid to check artificial fuel scarcity in the country, the Department of Petroleum Resources seals off some […]
Forensic Auditors to the Rescue
– The federal government appoints forensic auditors to examine the accounts of the Nigerian National Petroleum Corporation, its subsidiary and […]
CBN/NNPC Crude Oil Sales Controversy Deepens
– The Nigerian National Petroleum Corporation dismisses allegations by the Central Bank of Nigeria that it fails to account for […]