Category: Oil & Gas
FG spends a whooping N18.397bn on petrol subsidy daily – Minister of Finance
By Mukwuzi Joseph Minister of Finance, Budget, and National Planning, Zainab Ahmed has opened up on the amount the Federal Government spends as a subsidy for Premium...
Outgoing Secretary-General of OPEC Muhammad Barkindo is dead
The outgoing Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo, is dead. He died at about 11 pm on Tuesday, July 5....
Reprieve for Ernest Omo-Ojo as ExxonMobil Rescinds Sack after mediation by Minister of Petroleum resources Timipre Sylva
After three years of search for justice, reprieve finally came the way of veteran image-maker, Ernest Omo-Ojo following the successful mediation by the Honourable...
NNPC Reassures Nigerians on Fuel Supply
…..Promises Remedial Action on Defaulting Importers The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore...
NNPC Records $224.29million Proceeds from Export of Crude Oil, Gas in August
The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in...
NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY (NMDPRA)
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (The Authority) wishes to inform the general public that – a limited quantity of Premium Motor...
Oil vessel located in the Escravos area of Delta state explodes, workers missing (video)
By Mukwuzi Joseph Seafarers and project crew are reported missing following an explosion that occurred on board a Floating Production Storage and Offloading unit. The...
Subsidy Removal: The decision to postpone removal is linked to 2023 elections – NBA President, Olumide Akpata
President of the Nigerian Bar Association, Olumide Akpata has said that the federal government’s announcement of rescinding its earlier decision of...
NNPC Announces Record ₦141.96bn Trading Surplus
The Nigerian National Petroleum Company (NNPC) Limited has announced a huge leap in trading surplus of ₦141.96billion recorded in June 2021 compared to a deficit of...
FUEL SUPPLY: PLEASE DO NOT PANIC – NNPC
The general public is hereby adviced not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol. The NNPC has over 1.7 billion litres of petrol...
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