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Oil and Gas
IPMAN Dares FG Over Petroleum Pump Price Reduction
Independent Petroleum Marketers Association (IPMAN) on Wednesday directed members to maintain sell of the old price of N125, rather than revert to the new pump price adjustment until old stocks are exhausted.
Alhaji Bashir…
Oil Theft : 11 Crew Onboard “MT Jonko “Jailed One Year Each
The Economic and Financial Crimes, EFCC, Lagos Zonal office, has secured the conviction of eleven oil thieves alongside their Vessel, MT Jonko , before Justice Rilwan Aikawa of a Federal High Court sitting in Ikoyi, Lagos.
According to a…
NUPENG Throws Weight Behind NASS Over Bill To Eliminate Casualisation Of Workers
The National Leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over the weekend, commended efforts made by the 9th Assembly of the House of Representatives in the ongoing process for the passage of a bill seeking to…
NNPC Supplies 1.591bn Litres Of PMS In January 2020
The Nigerian National Petroleum Corporation, NNPC, has disclosed that a total of 1.591 billion litres of Premium Motor Spirit, PMS, also known as petrol was supplied across Nigeria in 30 days out of the 31 days in the month January 2020.…
EMPLOYMENT : NNPC Announces Recruitment Of 1,050 Graduates
The Nigerian National Petroleum Corporation (NNPC) has announced the recruitment of 1,050 Graduate Trainees, signaling the successful completion of its 2019/2020 employment exercise.
Recall that the 2019/2020 recruitment exercise…
Nigeria Secures $2.5bn Gas Pipeline Finance From Chinese Lenders
Nigeria will close a $2.5bn financing agreement with Chinese lenders by the start of the second quarter of 2020 to fund the single biggest gas pipeline project in the country’s history, after months of holding talks with China on financing…
OML 11 : Group Vows To Resist FG Negotiations With Sahara Group
By Roland Ekama, Lagos
A Non Governmental Organization under the auspices of the Ogoni Liberation Initiative has vowed to resist any form of agreement between the government and Sahara Energy, saying that people of Ogoni land cannot be…
Dangote Refinery To Encourage Investors Participation In Nigeria Economy– FG
Minister of Finance, Budget & National Planning, Zainab Ahmed said Dangote Petroleum Refinery will encourage other businessmen to appreciate investment in the nation's economy.
The Minister who spoke on Sunday in Lagos during a…
Reps Directs NNPC,WRPC To Maintain Status Quo Over Staff Conversion
By Mattex Omonext, Delta
The Federal House of Representatives Committee on Public Petitions has directed the managements of the Nigerian National Petroleum corporation (NNPC) and Warri Refining and Petrochemical Company (WRPC) Limited…
NUPENG To Spend N5.5bn On New Secretariat
The Nigeria Union of Petroleum and Natural Gas Workers has unveiled plans to build a new secretariat.
The new secretariat to be named NUPENG Tower will be built at the cost of N5.5bn, according to the union.
At the ground laying…