Oil & Gas - Page 90

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

The Nigerian National Petroleum Corporation (NNPC) has been accused by the House of Representatives member, Sergius Ose-Ogun, of using the subsidy regime to divert about $10 billion. $10 billion, going by the

Fakoyejo Olalekan

June 30, 2022

Business·Oil & Gas

NNPC Boss Reveals Number Of Illegal Refineries Operating In Nigeria After N434 billion Loss

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has revealed over 100 illegal refineries are being operated in Nigeria, as the country continues to lose billions

Fakoyejo Olalekan

June 29, 2022

Business·Oil & Gas

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

Filling stations selling Premium Motor Spirit (PMS) above N165 will lose their license of operation, the Nigerian government, as its agencies commence joint inspection of retailers in Abuja. The threat followed statement

Fakoyejo Olalekan

June 28, 2022

News·Oil & Gas

NCDMB Boss Lauds Nivafer For Commitment To Local Content Initiative

Nivafer Engineering and Construction limited unveiled a high-pressure fuel gas treatment skid for Assa North gas project in Lagos

PBA Reporter

June 24, 2022

Business·Oil & Gas

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Minority shareholders in Oando have filed a petition demanding for their shares to be acquired by the company or the majority investor in the firm, Ocean and Oil Development Partners Limited (OODP).

Fakoyejo Olalekan

June 23, 2022

Business·Oil & Gas

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

Nigeria has become one of the major destinations for Russian oil products, as European Union embargo on Vladimir Putin’s country disrupt Moscow’s supply chains. And in an effort to prevent the restriction

Fakoyejo Olalekan

June 23, 2022

Business·Oil & Gas

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Nigeria’s Extractive Industries and Transparency Initiative (NEITI) has expressed its disagreement with President Muhammadu Buhari’s statement over the removal of fuel subsidy, which has suspended for 18 months in January. On Tuesday,

Fakoyejo Olalekan

June 22, 2022

Business·Oil & Gas

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that Accugas Limited (“Accugas”), the Company’s 80% indirectly owned subsidiary,

Fakoyejo Olalekan

June 22, 2022

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

News·Oil & Gas

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

With the return of fuel scarcity in different cities and looming hike in the price of the product, petroleum marketers have said they are not benefiting from the subsidy programme of the

Victor Ezeja

June 21, 2022

IPMAN Seeks Dangote Refinery's Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

News·Oil & Gas

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked marketers across the country to begin dispensing petrol at N180 per litre and above. The petroleum marketing body gave the hint on Monday

Victor Ezeja

June 20, 2022

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Oil & Gas - Page 90

NNPC Accused Of Diverting N4.2 trillion, Inflating Fuel Consumption Figure By 50 million Litres

NNPC Boss Reveals Number Of Illegal Refineries Operating In Nigeria After N434 billion Loss

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

NCDMB Boss Lauds Nivafer For Commitment To Local Content Initiative

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

N4tr Fuel Subsidy: We Can’t Tell Actual Beneficiaries – Marketers

You’re Free To Sell Fuel Above N180, IPMAN Tells Marketers

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