Oil & Gas - Page 52

Nigerian Content Key To Meeting Renewed Hope Agenda – Petroleum Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has identified the effective implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 as one of

Admin

1 year ago

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Business·Oil & Gas

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

Senator Ned Nwoko has disclosed that Nigeria has suffered a loss of N2.3 trillion due to crude oil theft in 2023. Disclosing this yesterday, he emphasized that the socio-economic impact of pipeline

Emmanuel Ochayi

1 year ago

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

Oil marketers in the country under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) has accused the Nigerian National Petroleum Company Limited (NNPCL) of twisting the facts as regards the

Victor Ezejaand

Admin

1 year ago

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business·Oil & Gas

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

The Organisation of Petroleum Exporting Countries (OPEC) has unveiled its 2023 World Oil Outlook with a projection of soaring oil demand and an urgent call for a $14 trillion investment. This perspective

Emmanuel Ochayi

1 year ago

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·Latest News·Oil & Gas

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

The Group Managing Director of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has insisted that the downstream petroleum sector of Nigeria’s economy is fully deregulated, pointing out that this explains

Victor Ezeja

1 year ago

Business·Oil & Gas·World News

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a thousand lives on both sides. This incident follows a previous dip in

Emmanuel Ochayi

1 year ago

NNPCL Denies Inflating Fuel Subsidy Payments

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed allegations of favoritism in awarding oil pipeline contracts, asserting that the process was transparent and adhered to international standards. Addressing the allegations, NNPCL’s

Victor Ezeja

1 year ago

Business·Oil & Gas

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has challenged President Bola Tinubu’s declaration that the era of fuel subsidies had ended. PENGASSAN’s National President, Festus Osifo, who also

Emmanuel Ochayi

1 year ago

Marketers Assure Petrol Price Drop, Zero Scarcity During Yuletide

Business·Oil & Gas

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

Nigeria's fuel industry is facing a grim reality as foreign exchange rate fluctuations have left numerous petroleum product depots empty.

Emmanuel Ochayi

1 year ago

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Business·Latest News·Oil & Gas

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

During the Platform Nigeria symposium held on Monday, October 2 in Lagos, Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, shocked the audience with a stark revelation.

Emmanuel Ochayi

1 year ago

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Oil & Gas - Page 52

Nigerian Content Key To Meeting Renewed Hope Agenda – Petroleum Minister

Senate Demands Stiffer Punitive Measures As Nigeria Loses N2.3trn To Crude Oil Theft

NNPCL Lying To Nigerians, Country Will Burn Without Fuel Subsidy – Oil Marketers

OPEC Projects $14tn Investment Required To Satisfy Surging Oil Demand

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

NNPCL Denies ‘Northern Oil Cabal’ Claims, Affirms Transparency In Pipeline Contracts

Nigerian Govt Still Pays Fuel Subsidy, PENGASSAN Insists

Depot Owners Struggle With Rising Fuel Cost Amid Forex Fluctuations

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

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