SOME financial analysts have urged the Federal Government to totally deregulate the petroleum industry and reinvest its subsidy payment to […]
RTag: NNPC
NNPC fixes March 21 to begin drilling of oil in Nasarawa
THE Nigerian National Petroleum Company Limited (NNPC) on Thursday announced that it will commence the drilling of crude oil in […]
SNEPCo’s Bonga FPSO hits one billion barrel milestone
NIGERIA’S first deep-water exploration and production vessel, Bonga, hit a 1-billion-barrel oil export mark on Monday. This milestone is coming […]
Conspiracy against Democracy: INEC REC; Segun Agbaje’s Outburst, Other Matters Arising
By Bolaji O. Akinyemi. ANY protest outside of getting the best of INEC for a free and fair election is […]
FG blames marketers’ profiteering for petrol price hike
THE Federal Government has blamed the high cost of petroleum products in some parts of the country on marketers who […]
N4.2tn subsidy needed to meet Nigeria’s current fuel supply – NNPC
WITH the increase in fuel supply to tackle lingering scarcity nationwide, the country needs N4.27 trillion to meet its subsidy […]
Delta sets up monitoring team to tackle petrol scarcity
THE Delta Government has set up a monitoring team to track the distribution of Premium Motor Spirit (PMS) to ensure […]
We are ready, capable to manage COVID-19 resurgence- UATH
THE University of Abuja Teaching Hospital (UATH), Gwagwalada, FCT, says it is ready and capable to manage any resurgence of […]
SANs walk out on court in Ararume’s suit challenging sack
THERE was drama at the Federal High Court, Abuja on Monday as two Senior Advocates of Nigeria, SANs, representing the […]
FIRS rakes in N10.1 trillion
THE Federal Inland Revenue Service (FIRS) collected over N10.1 trillion tax revenue in 2022. The Service made this known in its […]
NNPC lawyers walk out in Ararume’s suit challenging sack from NNPC
THERE was drama at the Federal High Court, Abuja on Monday as two Senior Advocates of Nigeria, SANs, representing the […]
Motorists frown at persistent fuel scarcity task NNPC, others on supply
MANY Motorists in the Federal Capital Territory (FCT), have frowned at the current fuel scarcity being experienced in the territory […]
Oil discovered in Nasarawa, NNPC to Begin drilling March – Kyari
THE Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has confirmed the discovery of oil in […]
Kyari: NNPC will spud first oil well in Nassarawa in March
THE Group Chief Executive Officer of NNPCLimited, Mallam Mele Kyari has disclosed that the company will in March 2023 spud […]
CNL refutes alleged plans to exit the country
By Anthony Isibor CHEVRON Nigeria Limited, CNL, has debunked a misleading media report alleging that it plans to leave Nigeria. […]
PAP Administrator lauds Buhari for adequate funding-
THE Interim Administrator of the Presidential Amnesty Programme (PAP), Maj.-Gen. Barry Ndiomu (rtd), has lauded President Muhammadu Buhari for adequately […]
NNPC Ltd says crude oil proceeds were repatriated into the Federation Accounts
By Anthony Isibor THE Nigerian National Petroleum Limited, NNPC Ltd, has said that the $1 trillion made through the sale […]
PMS: Customers decry disparities in marketers’, depot owners’ outlet prices
SOME residents of Awka, the Anambra capital, have called on the Federal government to address the wide difference in the […]
Reps want NNPC to suspend sale of oil mining licence
THE House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil […]
2023: The interest of the northern Christians is unity of the North – Pam
REV. Yakubu Pam says the interest of the northern Christians as far as the 2023 general election is concerned is the […]
Tanker explosion destroys shops, houses in Ibadan
A fully loaded petrol tanker on Thursday lost control and rammed into the block of shops and thereafter burst into […]
Fuel scarcity: Buhari needs courage to break cartel, says Rep
A member of the House of Representatives, Sergius Ogun says President Muhammadu Buhari needs courage to break the cartel operating […]
Fuel scarcity: DSS threatening us, says Ogun IPMAN
THE Independent Petroleum Marketers Association of Nigeria, IPMAN, in Ogun State, yesterday, berated the Department of State Services, DSS, over […]
Why we can’t sell fuel at N170 per litre – Independent marketers
THE Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it is working with the Nigerian National Petroleum Corporation (NNPC) […]
SERAP gives Okowa, Wike, others 7 days to disclose spending of N625bn refunds
THE Socio-Economic Rights and Accountability Project, SERAP, has urged the nine oil producing states in Nigeria to “provide and widely publish […]
Subsidy no longer sustainable – Marketers
OIL marketers say subsidy is no longer sustainable, calling for dialogue on its implementation to save the downstream sector of […]
DSS, oil marketers set to clear petrol queues in 48 hours
THE Department of State Devices (DSS), at a meeting with oil marketers and other stakeholders have resolved to address the […]
Oil Theft: Nigerian Navy has failed, should be unbundled – HURIWA
PROMINENT civil rights advocacy group, Human Rights Writers Association of Nigeria (HURIWA), on Tuesday, said the Nigerian Navy has failed […]
NNPC/CNL Joint Venture secures $1.4B financing for infill drilling program
CHEVRON Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Corporation, NNPC, and CNL, has confirmed […]
$1.4bn secured for Chevron, NNPC drilling project– Official
CHEVRON Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL Joint […]
Heritage Energy, Joint Venture Partners Conduct Scholarship Selection Tests for OML 30 Community Beneficiaries
Over 300 participants from 112 host communities HERITAGE Energy Operational Services Limited (HEOSL), Operator of the OML 30 Joint Venture […]
Nigeria is not broke, says finance minister
THE Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says Nigeria is in good economic standing, and is […]
TotalEnergies, NNPCL, others inaugurate CSR projects in 7 states – Official
THE Nigerian National Petroleum Company Ltd. (NNPC) and TotalEnergies Upstream Nigeria Ltd., operator of OML 130, and partners have inaugurated […]
Unavailability of products, forex responsible for fuel scarcity – Marketers
THE Independent Petroleum Association of Nigeria (lPMAN) has attributed the current fuel scarcity to unavailability of petroleum products and difficulty […]
Fuel scarcity: MOMAN, NNPCL collaborate to improve distribution – Official
THE Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd., […]
13% Derivation: Delta government debunks Wike, Oshiomhole’s allegation
DELTA State Government on Monday debunked media reports that it received N142b as refunds of illegal deductions from 13% Derivation […]