Imo modular refinery will employ 2,000 youths – Wabote
The modular refinery being constructed in Imo State by Waltersmith Petroman Oil Limited with the capacity of 5,000 barrels per…
NNPC extends crude-for-fuel swap contracts for six months
The Nigerian National Petroleum Corporation (NNPC) has extended for six months its contracts with private companies to swap crude oil…
PPPRA gazettes market-based pricing regime for petrol
The Petroleum Products Pricing Regulatory Agency (PPPRA) has gazetted a market-based pricing regime for petrol. Spokesperson of the agency, Kimchi…
NNPC says legal team saved billions of dollars in liabilities
The Nigerian National Petroleum Corporation (NNPC) has said that its litigation team had saved billions of dollars in liabilities. The…
NNPC set to revamp the refineries
As Nigerians lament over the recent increase in the pump price of petrol, the Nigerian National Petroleum Corporation (NNPC), appears…
Nigeria targets $10b from local content in oil sector yearly
The Nigerian Content Development and Monitoring Board (NCDMB) says local content in the oil and gas sector would hit 70…
FG’s N250b gas intervention fund targets CNG, LPG as alternative fuels
The Federal Government has said that its N250 billion intervention facility for the national gas expansion programme is targeted at…
Nigeria is on track to become a global fuel terminal – DAPPMAN
Nigeria is on track to becoming a major hub for warehousing and logistics management in Africa that will compete with…
Deregulation: IPMAN provost tells FG to scrap PPPRA, PEF
The National Provost of the Independent Petroleum Marketers Association of Nigeria, Ezekwesili Maduagwuna, has asked the Federal Government to allow…
Nigeria’s output rises, as oil drops to $39
The organisation of Petroleum Export Countries is set to impose further output cuts as Brent crude, the international benchmark has…