Bello gives hope of early disbursement of CVFF, says committee is working on it
The Executive Secretary of the Nigerian Shippers’ Council (NSC), Hassan Bello has once again disclosed that his agency is working with other strategic federal agencies to develop a framework for the emergence of the national carrier. Speaking recently during the…
NNPC mulls commercializing communication infrastructure for broadband penetration
As part of renewed efforts to raise viability of other infrastructure within its domain, the Nigerian National Petroleum Corporation (NNPC), said it will commercialise some of its critical Information and Communications Technology (ICT) facilities to drive broadband penetration. Group Managing…
NADDC flags off reduction of Sulphur content in petrol, diesel, kerosene from July
The National Automotive Design and Development Council (NADDC), has announced a mandatory reduction in the sulphur content in refined petroleum products including petrol, kerosene and diesel from the first day of July. Delivery specification form July 1, according to the…
Worry NIMASA to disburse CVFF for us to buy bigger vessels, SOAN tells NNPC GMD
Whereas the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has advised members of Shipowners’ Association of Nigeria (SOAN) to acquire bigger tanker vessels in order to participate in the downstream sector of the oil and gas…
Nigeria, Iraq lead others in crude oil sales to US in 2016
Latest report published by the United States (U.S.) Energy Information Administration (EIA), said crude oil from Nigeria, and Iraq were the largest contributors to its imports volumes in 2016, rising to an average of 7.9 million barrels per day (bpd),…
New Gas Master Plan has reduced gas flaring by 26%, NNPC claims
Just as the scarcity of cooking gas continues in cities, the Nigerian National Petroleum Corporation (NNPC) has said it had succeeded in reducing gas flaring in by 26 percentage points in the last 10 years from 36 to 10. In…
NNPC silent on its 2016 pledge to make all refinery work at full capacities this year
Three months into the 2017 production year, signals are yet to emerge that by the end of the year, all refineries in Nigeria will be working and producing products at full capacities. Nigeria currently has four refineries including two in…
How reforms aided NNPC to recover $202m from crude swap under-deliveries
The positive effects of ongoing reforms at the Nigerian National Petroleum Corporation (NNPC) have created a window for the recovery of $202 million outstanding obligations from AITEO Company. General Manager, Group Public Affairs Division of the NNPC, Ndu Nghamadu, confirmed…
NNPC mulls generation of 4000mw to national grid in next 10 years
The Nigerian National Petroleum Corporation (NNPC) has concluded plans to venture into power production, a programme that will mature between now and next 10 years. In a statement, the Corporation’s Chief Operating Officer, Gas and Power, Mr Saidu Mohammed, through…
Reps warn NPA on delays of wet cargoes, invites Total to explain missing of 35,000mts
Just as the House of Representatives has warned the Nigerian Ports Authority (NPA) limit observed delays of products and cargos at the sea ports, they have summoned Total Nigeria Limited for explanation on the missing 35,000 metric tons of Premium…
