23.7 C
Lagos, South Africa and New York
Sunday, September 27, 2020

AKK gas pipeline project contract not inflated -NNPC

By Edith Ike-Eboh Abuja, Sept. 7, 2020 The Nigerian National Petroleum Corporation (NNPC) said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was not inflated to the tune of 1.527 billion dollars, as alleged in an online media outfit. The corporation disclosed this in a statement signed...

Do local refining to eliminate sector problems – IPMAN

By Dorcas Elusogbon Ile-Ife (Osun State), Sept. 5, 2020 Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist. Ogundoyin stated this during an...

PEF, PPPRA will be merged in new PIB to police petrol price – Minister

By Edith Ike-Eboh Abuja, Sept. 3, 2020 Chief Timipre Sylva, the Minister of State for Petroleum Resource, says two regulatory bodies in the oil and gas sector will be merged as one regulator in the new Petroleum Industry Bill (PIB). Sylva disclosed this while briefing...

Nigeria paid $14 mln to fuel importers in June despite subsidy removal – NNPC

LAGOS - Nigeria’s state oil company recorded a 5.34 billion naira ($14 million) cost for fuel in June, months after it changed its pricing method in an effort to eliminate subsidies. State oil company NNPC outlined the “under recovery” bill in its June monthly...

NNPC earns $378.42m from crude oil & gas export in June — Report

By Edith Ike-Eboh Abuja, Aug. 23, 2020 The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020. The corporation disclosed this in its June Monthly Financial...

Nigerian local refineries process almost no oil but cost $367 mln a year – NNPC

By Noah Browning LONDON, Aug 27 - Refineries in Nigeria, Africa’s top oil exporter, processed almost no crude oil in the 13 months to end June, according to the latest data published by the Nigerian National Petroleum Corporation (NNPC) on Thursday. In the same period, operating...

Buhari tasks PENGASSAN on need to provide highly skilled manpower

By Joan Neagwu Abuja, Aug. 27, 2020 President Muhammadu Buhari has urged the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to continue to provide the much-needed highly skilled manpower to meet the nation’s developmental mandate in the sector. Buhari said this in a...

Expert advocates gender balance in oil, gas industry

by Edith Ike-Eboh Abuja, Aug. 27, 2020 Mr Iyke Nnoaham, Portfolio Business Manager, Shell companies in Nigeria, has advocated gender balance in the management of the oil and gas industry in the country. Nnoaham spoke at the Nigeria Energy Industry Transformation Summit (NEITS), which held virtually...

7-day ultimatum over sacked workers remains – NUPENG

By Esenvosa Izah Lagos, Aug. 23, 2020 The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has said that the seven-day ultimatum given to Chevron Nigeria Ltd (CNL), and its service contractors to recall the 175 sacked contract workers was still intact. NUPENG’s National President,...

NNPC earns $378.42m from crude oil & gas export in June — Report

By Edith Ike-Eboh Abuja, Aug. 23, 2020 The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export earnings of $378.42 million in June, as against $133.16 million it posted in May 2020. The corporation disclosed this in its June Monthly...
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Open chat
Send us your story