‘Poor pricing of petrol may jeopardise oil, gas investment’

‘Poor pricing of petrol may jeopardise oil, gas investment’

Minister of State for Petroleum Resources, Ibe Kachikwu yesterday in Abuja supported the need for a regulation that will allow market forces to determine proper pricing of petroleum products in Nigeria. ...
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Senate to probe N3.4bn NNPC/Agip security account

THE Senate yesterday mandated its Committee on Public Accounts, headed by Senator Matthew Urhoghide, PDP, Edo South to thoroughly investigate the rationale behind a security account allegedly operated by the Nigeria National Petroleum Corporation, NNPC, and Ni...
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Marketers abandon fuel importation over losses – NNPC

Marketers abandon fuel importation over losses – NNPC

The Nigerian National Petroleum Corporation (NNPC) on Tuesday in Abuja said oil marketers abandoned importation of petrol due to the losses they incurred. The post Marketers abandon fuel importation over losses – NNPC appeared first on Vanguard News. ...
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Senate to probe N3.4b NNPC/Agip security account

Senate to probe N3.4b NNPC/Agip security account

The Senate on Tuesday mandated its Committee on Public Accounts to investigate the rationale behind a security account allegedly operated by the Nigeria National Petroleum Corporation (NNPC) and Nigerian Agip Oil Company. ...
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NNPC advocates closer ties among African countries in oil sector

NNPC advocates closer ties among African countries in oil sector

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. The post NNPC advocates closer ties among African countries ...
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NNPC surveillance team intercepts diverted petroleum product in Katsina

Operatives of the Nigeria National Petroleum Corporation (NNPC) surveillance team on petroleum products monitoring set up by the Inspector General of Police, Ibraheem Idris, intercepted a truck loaded with 40,000 litres of PMS being diverted to neighbouring co...
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Fuel scarcity: IPMAN calls for massive importation

Fuel scarcity: IPMAN calls for massive importation

THE Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that solution to lingering fuel scarcity in the country lies in “massive” importation and deregulation of the downstream sector of the nation’s oil industry. Speaking...
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What another fuel price hike will mean for Nigerians

Any change in the pump price of the Petroleum Motor Spirit (PMS) better known as petrol will alter the returning economic indices and relative price stability, renewing a slide in purchasing power of the citizens, experts have warned. ...
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NNPC dispatches 29.058m litres of PMS to 13 states

NNPC dispatches 29.058m litres of PMS to 13 states

The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days. The post NNPC dispatches 29.058m litres of PMS to 13 states ...
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Mega filling station owners applauds NNPC efforts to end fuel scarcity in the country

Mega filling station owners applauds NNPC efforts to end fuel scarcity in the country

The Association of Mega Filling Station Owners of  Nigeria (AMFSON) has commended the Nigerian National Petroleum Corporation (NNPC) in the new steps taken to end the fuel scarcity which has bedevilled the country. This was [...] The post Mega filling station...
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