PENGASSAN strike averted as Rivers releases ExxonMobil workers
The Rivers State Government has ordered the release of 22 ExxonMobil workers who were earlier arrested and detained by security agencies and disclosed that...
NERC to unbundle Transmission Company of Nigeria to two firms
The Nigerian Electricity Regulatory Commission (NERC) is consulting stakeholders as it plans to unbundle the Transmission Company of Nigeria (TCN) into two entities.
The TCN...
Petroleum Marketers in Kano to sell petrol at N150
The Independent Petroleum Marketers Association of Nigeria, Kano State chapter, has instructed its members to sell fuel at N150 per litre.
The directive was contained...
Petrol spill: Residents should not make open fire- Fire service
The Lagos State Fire and Rescue Service has revealed that gallons of Premium Motor Spirit (PMS) have spilt into the Isheri community after a pipeline...
Local refineries will not lead to lower cost of petrol- FG
The Federal Government has revealed that Dangote refinery might not lead to a significant reduction in the price of petrol as the refinery will...
NNPC reduces Loss by 99.7%
By Ignatius Ushie
Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial...
Reps demands NNPC’s explanation on alledged $20.3bn illegal withdrawals
The House of Representatives has accused the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, of refusing to respond to...
FG inaugurates committee on petrol pricing framework
The Federal Government has inaugurated a ‘Bipartite Plus Committee’ on the technical framework on the pricing of Premium Motor Spirit popularly known as petrol.
This...
Refineries lost N152,08bn after 15 idle months- NNPC
The Nigerian National Petroleum Corporation has announced that the nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle.
Analysis of...
Seplat Energy Appoints Afe As External Affairs Director
The board of Seplat Energy Plc has announced the appointment of Mrs. Chioma Afe as the Director, External Affairs and Sustainability, effective June 15,...
