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Oil and Gas
QP Signs Deal To Reserve LNG Shipyard Capacity In China
Qatar Petroleum (QP) has entered into an agreement to reserve LNG ship construction capacity in China to be utilised for its future LNG carrier fleet requirements, including those of its ongoing North Field expansion projects.
The…
Oil Price Crashes To $11 Per Barrel Amid COVID-19 Pandemic
The United State of America oil prices dived to 22-year lows at just $11 Monday after crashing almost 40 percent in a market flooded with crude and slammed by evaporating demand in the face of the coronavirus pandemic.
Just before 1200…
Fuel Price: NNPC Retail Stations In Full Compliance With PPPRA Price Template
The Nigerian National Petroleum Corporation (NNPC), has clarified that all its filling stations across country were selling premium motor spirit (petrol) within the official price band announced by the Petroleum Products Pricing Regulatory…
NNPC Will No Longer Run Refineries – Kyari
The Nigerian National Petroleum Corporation (NNPC) will no longer be involved in the management of the nation’s refineries after their rehabilitation.
Dr. Kennie Obateru, Group General Manager,
Group Public Affairs Division, NNPC ,…
Group Disowns Alleged Palliatives Given To Chevron Host Communities
A Niger Delta Group ; the Itsekiri Regional Development Committee (IRDC) , has dismissed media reports authored by a certain OWUN PDP Ode – Itsekiri, wherein it was stated that the Chairman of IRDC, Amb. Austin Oniyesan in conjunction with…
Senator Ubah Denies #1b Donation To Curb COVID19
Senator Ifeanyi Ubah on Sunday, denied media reports of donating a whooping #1billion to the Federal Government in the fight against the COVID-19 pandemic.
Senator Ubah, representing Anambra south , in a statement, said the report,…
COVID-19 Lockdown: NNPC Commends Tanker Drivers for Hitch-free Distribution of Products
The Nigerian National Petroleum Corporation (NNPC) has commended Petroleum Tanker Drivers (PTD) for their sacrifice ferrying petroleum products across the nook and cranny of the Country, a release by the corporation’s Group General Manager,…
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…