Aviation fuel analysts link scarcity to landing cost, racketeering, faults NNPC
Just as the Nigerian National Petroleum Corporation (NNPC) Thursday said it had enough stock of aviation fuel to meet the needs of airline operators and other consumers of the product in Nigeria, industry analysts have traced the rising aviation fuel…
NNPC: Clearing pipeline corridors that carry next to nothing?
The recent announcement by the Nigerian National Petroleum Corporation (NNPC) that the Army Engineering Corps was set to demolish illegal structures erected along the Port Harcourt-Aba-Enugu-Makurdi oil pipeline corridor, has started to record mixed reactions from Nigerians. Recall that in…
Subsidy still alive as NNPC spends N774m daily on petrol
Contrary to prevailing speculations and official confusion that Nigeria had at the beginning of this administration said goodbye to Petroleum Subsidy regime, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru on Sunday, rested the…
If NNPC sustains 100m litres of fuel daily this month, what happens from March?
Disquiet has started trailing a statement issued by the Nigerian National Petroleum Corporation (NNPC) on Thursday last week, announcing that it would continue to deliver 100m litres daily to Nigerians. The Corporation claimed that it has started bringing in two…
Organise roadshow in UK to drive oil and gas investors–Britain envoy tells NNPC
The British High Commissioner, Paul Arkwright, has advised the Nigerian National Petroleum Corporation (NNPC) to design a structured road show in London to create awareness on the possible investment opportunities available in the Nigerian oil and gas sector. Addressing a…
Boost for foreign reserve as Indonesia, more countries place order for Nigerian crude
Chances of early exit from recession are getting brighter following news or more orders for Nigerian crude oil by new markets including Indonesia and others from Asian tigers. This week, Indonesian Ambassador to Nigeria, Mr Harry Purwanto, indicated his country’s…
NNPC explains adjustment that led to new bridging cost, says no petrol price hike
The Nigerian National Petroleum Corporation (NNPC) has explained the source of the N1.00 added to the Petroleum Tanker Drivers (PTD) for the Petroleum transport bridging cost. It would be recalled that after the first day of their strike on Monday,…
