Continuing fuel subsidy till 2022 means violation of PIA—Expert
One of the government’s official abuse avenue of the just signed Petroleum Industry Act (PIA) will be to continue fuel subsidy beyond this year. This is the submission of an energy expert, who pleaded anonymity in an interview. The expert…
Marketers’ delaying private refineries in commencing production—NNPC
The Nigerian National Petroleum Corporation (NNPC) has claimed that investors’ inability to conclude with the corporation on the procurement of feedstock for the refineries is the reason why some completed private refineries are yet to commence production. Chief Operating Officer…
NNPC mistook Dangote Refinery on products export in 2 years—Experts
The recent claims by the Nigerian National Petroleum Corporation (NNPC) on Tuesday that refined petroleum products from the country would be exported to other countries in the next two years, has raised serious questions.Currently, Nigeria currently imports refined petroleum products…
How Oredo gas scheme will pump N2.8tr to Nigeria’s 2021 budget, beyond
All things being equal, fact check shows that not less than N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum…
NSE to Host Industry Leaders at Oil and Gas Sector Webinar next week
The Nigerian Stock Exchange (NSE) will host an Oil and Gas sector webinar on Tuesday, 20 October 2020. With the theme, Perspectives of Operators and Industry Experts Post-COVID-19, the webinar will bring together key players across the entire oil and…
COVID-19: NNPC/Chevron JV Donates PCR Lab Centre to Delta State Government
…hands over Surgical Theatre/Consulting Rooms Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV), has donated a Polymerase Chain Reaction (PCR) laboratory facility to Warri Central Hospital to support…
AKSG, others applaud Agbami parties on donation of Science Laboratory
The Akwa-Ibom State government has applauded Star Deepwater Petroleum Limited (a Chevron company and operator of the Agbami unit) and its parties in the Agbami field, Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Equinor Nigeria Energy Company Limited, and…
NLNG fights Reps back, denies alleged $1.05bn illegal withdrawal
The management of NLNG Limited and the Managing Director/Chief Executive Officer, Tony Attah, has reacted to the ongoing probe of alleged withdrawal of $1.05bn by the Nigerian National Petroleum Corporation (NNPC). In a statement weekend, NLNG averred that its attention…
As Reps probe alleged withdrawal of $1.5bn, Daukoru named NLNG Chairman
Even as the House of Representatives deepens its investigation on why the Nigerian National Petroleum Corporation (NNPC), without recourse to constituted authority made a silent withdrawal from the Nigerian Liquefied Natural Gas Limited (NLNG) dividends account, President Muhammadu Buhari has…
NNPC announces top-management level appointments, redeployments
The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda…
