…Cautions against hoarding, panic buying …As Marketers shut stations By Ogaga Ariemu, Akinyemi Kehinde and Adeboye Faizat Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC)…
Rural Electricification Agency (REA), has inaugurated 1.35 Megawatt of Solar Hybrid Power project at the Federal University of Petroleum Resources (FUPRE), Effurun, Uvwie Local Government Area of Delta. The Deputy Senate President Ovie Omo-Agege at the ceremony on Friday said…
Bankole Taiwo, Abeokuta The Chief Executive Officer of SAF Petroleum, Aare Safiriyu Adebanjo Kazeem has appealed to the federal government to deploy resources towards building new refineries for the country maintaining that Nigerians will keep on paying more for the…
The Shell Petroleum Development Company (SPDC) says it has positioned itself to meet the daily domestic gas demand, projected to hit five billion standard cubic feet by 2022, by developing gas fields. The super-major energy firm also reiterated its support…
Seplat Petroleum Development Company Plc, leading indigenous energy company, has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria. Mr. Roger Brown, Chief Executive Officer, SEPLAT, described this drive as a revolution, indicating that the…
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery sell refined crude to Nigeria in naira when it commences production. Emefiele also disclosed that the first shipment of Urea…
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday inaugurated 40 companies as part of its Project 100 Supplier Development Programme. The Board started Project 100 in January 2019 with 60 companies with the goal of nurturing 100 wholly…
…Says Ninth Assembly will keep to target on Electoral ammendment Bill President of the Senate, Ahmad Lawan on Thursday assured Nigerians that the Petroleum Industry Bill(PIB) which is before the National Assembly will change the fortune of the country by…
Mr Okechukwu Enelamah, former Minister of Industry, Trade and Investment, on Thursday said the full deregulation of the petroleum downstream sector would allow the industry to reach its full potential. Enelamah also advised the Federal Government to look for a…
The Organisation of Petroleum Exporting Countries (OPEC) has offered its deepest and heartfelt condolences on the passing of Sheikh Ahmed Zaki Yamani of Saudi Arabia. OPEC Secretary General, Mohammad Barkindo disclosed this in a condolence letter released on Wednesday on…
