Falling price of Crude Oil threatens FG’s savings
Global benchmark Brent crude on Thursday extended its losses, dropping to $39 per barrel thereby threatening the Federal Government’s ability…
Kachikwu replaces Alison-Madueke as OPEC President
Following his elevation as the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has replaced the immediate past Minister…
IPMAN wants petroleum products loading decentralised from Lagos
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has appealed to the Federal Government to decentralise loading of petroleum products…
NNPC, Oil marketers reach agreement to end fuel scarcity
The Nigerian National Petroleum Corporation (NNPC) has reached an agreement with oil marketers to end scarcity of petrol which has…
NLNG to take delivery of six new vessels
The Bonny Gas Transport (BGT), a subsidiary of Nigeria Liquefied and Natural Gas Limited (NLNG) is to take delivery of…
Nigerian companies showcase oil and gas potential at SNEPCo exhibition
Nearly 40 Nigerian companies showcased their potential for offshore materials and services in the oil and gas industry at an…
Fuel importers seek easy access to forex
Operators in the downstream sector of the oil and gas industry have advised the Central Bank of Nigeria (CBN) to make…
Kachikwu to remain as NNPC boss until…
The new Minister of state for Petroleum Resources, Dr Ibe Kachikwu has disclosed that he would still be presiding over…
NNPC reviews controversial SAP management contract
The Nigerian National Petroleum Corporation (NNPC) has launched a technical audit and review of the controversial multi-billion Naira enterprise resource…
Subsidy claims: FG to pay petroleum marketers next week
The Minister of State for Petroleum Resources Dr. Ibe Kachikwu has promised that petroleum marketers will get the N413billion subsidy…