Oil & Gas - Page 67

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Ukadike Chinedu, has blamed the exchange rate as one of the factors causing the scarcity of Premium Motor

Fakoyejo Olalekan

2 years ago

Nigeria's Gas Industry In Crisis As Drilling Costs Skyrocket To $30m, Operators Warn

Oil & Gas

Nigerian Govt Lists 139 Firms To Commercialise Flared Gas

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 oil and gas firms for its gas flaring commercialisation programme. The programme is aimed at both reducing carbon emissions and ensuring effective

Victor Ezeja

2 years ago

Business·Oil & Gas

NNPC Sells Fuel At Loss, Performing Magic – Oil Minister Sylva

The Minister of State for Petroleum Resources, Timipre Sylva, has disclosed that the Nigerian National Petroleum Company (NNPC) Limited sells petrol at a loss. Sylva’s claim follows nationwide criticism of President Muhammadu

Fakoyejo Olalekan

2 years ago

Inflation Hits 21.91%, As Nigerians Pay More For Bread, Yam, Others

Business·Oil & Gas

Buhari Should Bite The Bullet – Ex-Neimeth Boss Tackles President On Fuel Subsidy

Former Chief Executive Officer of Neimeth Pharmaceutical, Sam Ohuabunwa, has asked President Muhammadu Buhari to bite a bullet to save Nigerians from multiple jeopardies. Ohuabunwa made this statement while addressing the impact of

Fakoyejo Olalekan

2 years ago

Fuels Scarcity: We’re Having Distribution Challenge – NNPCL GMD

Group Managing director, Nigeria National Petroleum Company Limited, Mele Kyari has said the challenges of distribution faced by marketers was responsible for the lingering fuel scarcity in the country. Kyari spoke on

Victor Ezeja

2 years ago

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

NNPC Makes Case For Lack Of Record On $1 billion Crude Oil Export

Nigerian National Petroleum Company (NNPC) Limited said it remitted earnings from the 17.877 million barrels of crude it exported contrary to allegations against the firm. According to several reports quoting the Auditor

Fakoyejo Olalekan

2 years ago

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Nigeria To Spend 1 Year Oil Revenue On Fuel Subsidy In 6 Months

Nigeria’s Finance Minister, Zainab Ahmed, has disclosed that the country’s fuel subsidy payment in six months will surpass the revenue earned from oil sources within 12 months. Ahmed said this at the

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Oil Marketers Blame Nigerians For Queues At Filling Stations, TUC Demands N180/Litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has faulted Nigerians for the long queues at filling stations across the country. According to the National Operations Controller of IPMAN, Mike Osatuyi, there’s

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Tompolo Discovers Illegal Oil Bunkering Station, Crude Oil Tanker, Arrest Two

The Nigerian National Petroleum Corporation (NNPC) Limited has destroyed an illegal filling station discovered by the former militant leader, Chief Government Ekpemupolo, aka Tompolo. According to reports, the discovery was made in

Fakoyejo Olalekan

2 years ago

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Oil & Gas

Oil Marketers Demand FG Release Fuel From Seized Depots, Sell PMS At N148 Per Litre

The Federal Government has been asked to dispense Premium Motor Spirit, popularly called petrol, from the products trapped in the seven depots shut down by authorities at the weekend. Prime Business Africa

Fakoyejo Olalekan

2 years ago

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Oil & Gas - Page 67

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

Nigerian Govt Lists 139 Firms To Commercialise Flared Gas

NNPC Sells Fuel At Loss, Performing Magic – Oil Minister Sylva

Buhari Should Bite The Bullet – Ex-Neimeth Boss Tackles President On Fuel Subsidy

Fuels Scarcity: We’re Having Distribution Challenge – NNPCL GMD

NNPC Makes Case For Lack Of Record On $1 billion Crude Oil Export

Nigeria To Spend 1 Year Oil Revenue On Fuel Subsidy In 6 Months

Oil Marketers Blame Nigerians For Queues At Filling Stations, TUC Demands N180/Litre

Tompolo Discovers Illegal Oil Bunkering Station, Crude Oil Tanker, Arrest Two

Oil Marketers Demand FG Release Fuel From Seized Depots, Sell PMS At N148 Per Litre

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