Home / Tag Archives: NNPC (page 5)

Tag Archives: NNPC

Why Senate halted surreptitious sale of Port Harcourt Refinery to ENI by Minister

Ibe Kachikwu

More revelations have emerged barely 24 hours after the Nigerian Senate halted unilateral moves by the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to concession ...

Read More »

Onovo picks holes in passed PIGB, says it’ll be very expensive to implement

Onovo M

Whereas many Nigerians have welcomed the very first segment of the Petroleum Industry Bill (PIB) which is called the Petroleum Industry Governance Bill (PIGB) being passed by the 8th Senate, ...

Read More »

Hostilities imminent in N/Delta following cancelation of oil blocs awarded to indigenes

NNPC Headquarters.

Anger and rising tension can be said to be the scenario playing out in the hitherto peaceful Niger Delta following the sudden discovery that the Federal Government canceled Oil Prospecting ...

Read More »

Cleanup of Ogoniland in progress— Jibril, Minister of State for Environment

Ogoni cleanup

The Minister of State for Environment, Ibrahim Jibril has revealed that contrary to speculations that the Federal Government has dumped the cleanup of polluted Ogoniland, work is seriously in progress. ...

Read More »

Ubah & N11Bn Petrol: Lawyers disagree with DSS over mention of death penalty

Ubah Capital Oil

Since the Department of State Services (DSS), mentioned that the discovery that Ifeanyi Ubah, chief executive officer, Capital Oil and Gas Limited, allegedly diverted about 80 million litres of Premium ...

Read More »

Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando

oando-logo

Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach ...

Read More »

NNPC gives insights on how Ifeanyi Ubah diverted N11bn PMS

Ifeanyi Ubah

Since the arrest and detention of the Managing Director of Capital Oil and Gas Limited, Ifeanyi Ubah, by the security agencies on the orders of the Nigerian National Petroleum Corporation ...

Read More »

Failed refineries, stoppage of imports by independent markets force NNPC to SWAP deals

NNPC Headquarters.

Indications have emerged that the Nigerian National Petroleum Corporation (NNPC) is currently in serious trouble of sustaining the current pump price of petrol following the inability of all four refineries ...

Read More »

Conversion of illegal refineries to modular may worsen environmental crisis in N/Delta if…

refinery Illegal

Petroleum products refining experts have warned the federal government to be very careful in setting out the guidelines for the conversion of hundreds of illegal refineries popularly called ‘Kpor-Fire’ in ...

Read More »

Danger looms as NNPC gives signal showing tired of importing Petrol alone

Ibe Kachikwu

Indication emerged in Lagos on Wednesday that crisis causing scenario may be hovering in the nation’s downstream petroleum sector which may land the country in another deadly round of fuel ...

Read More »