Thursday, March 28, 2024

Ezekwesili, ex-DRP boss seek legal status for Excess Crude Account  

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Former Minister of Education, Mrs Obiageli Ezekwesili and former Director of Department of Petroleum Resources, Olsten Olorunsola have urged the National Assembly to legalise...
No crude oil refined in refineries with N142.07bn operating cost- NNPC

ExxonMobil considers sale of Nigerian oil and gas fields

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Almost 2 and also a half years after going out Nigeria's downstream oil industry, ExxonMobil is actually analyzing the sale of some oil as...
NNPC raise domestic gas supply to power sector

NNPC exploring options to commercialise gas flares sites

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The Nigerian National Petroleum Corporation declares it is exploring options for commercialising existing gas flare sites in the country. The Group Managing Director, NNPC, Dr...

Industry Stakeholders petition Security Agencies over IPMAN Board Chairman

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By Ignatius Ushie The Independent Petroleum Marketers Association of Nigeria (IPMAN) has petitioned the Attorney General of the Federation, the Inspector General of Police, the...

Reps probe $22bn Brass LNG Project

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The House of Representatives has resolved to probe the $22 billion Brass Liquefied Natural Gas (LNG) project. The House also resolved to set up an...

New IPMAN Boss writes Buhari, promises efficiency Fuel Supply

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The new National President of Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Sanusi Fari, has written to President Mohammadu Buhari informing him that...

NERC grants Generation, Distribution Licences to Ariaria Market

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By Ignatius Ushie The Nigerian Electricity Regulatory Commission (NERC) has granted a 9.5megawatts embedded electricity generation licence to Ariaria Market Independent Power Plant Limited, and...

Power Ministry has no records of defaulting contractors- Fashola

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Mr Babatunde Fashola, the Minister of Power, Works and Housing, said in a statement that the power ministry has no record of corrupt contractors...