The National President of the Nigeria Association of LPG Marketers, Oladapo Olatunbosun, criticised the Nigeria Customs Service for its alleged reluctance to enforce the presidential directive on zero import duties for gas items, including imported Liquefied Petroleum Gas (LPG). Expressing…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPC Ltd) over the “failure to disclose details of Nigeria’s daily oil production, exportation and the total amounts of revenues generated from…
The Minister of State for Petroleum, Heineken Lokpobiri, has reaffirmed the nation’s commitment to the membership of the Organisation of Petroleum Exporting Countries (OPEC) after Angola, Africa’s second-largest oil producer exited the cartel. Mr. Lokpobiri disclosed this in a statement…
The Nigerian Electricity Regulatory Commission (NERC) says a total of 148,389 meters were installed in Quarter 3, 2023. According to NERC, this represents a decrease of 32,670 installations compared to the 181,059 meters installed in 2023 The commission said this…
The Transmission Company of Nigeria (TCN) has awarded contract for the construction of two 330KVA power towers in Yobe to end blackout in the state. This is contained in a statement by the Secretary to the Yobe State Government (SSG),…
Angola said it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts to prop up oil prices. Angola’s Oil Minister Diamantino Azevedo said the…
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday commissioned the Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facility at Idu, Abuja. The commissioning was performed by the Minister of Solid…
11Plc, a major oil marketing company has reiterated its commitment to maintaining quality safety, health and security standards in its operations in a conducive environment. Speaking at the company’s yearly emergency response drill 2023, in Lagos, the Managing Director, 11…
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,562.51 in October 2023 to N4,828.18 in November 2023. This is contained in the bureau’s “Cooking Gas Price Watch” for November 2023 released…
The Federal Government on Thursday announced the mechanical completion and flare start off of the Port Harcourt Refining Company Limited (PHRC). Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil) disclosed this on Thursday in Port Harcourt during a media…
