Tag: Oil and Gas
Senate faults NNPC over non-remittance of N3.87trn from crude oil sales...
-wants N865.44bn illegal revenue deductions stopped
-directs NPA to refund $37.67m, N67.5bn, N1.07bn, $2.3m, €196,257 to treasury
-mandates EFCC, ICPC to go after govt. officials responsible...
JUST IN: Reps pass petroleum industry bill
The House of Representatives on Thursday passed the long awaited Petroleum Industry Bill (PIB) after considering and adopting the bill’s 318 clauses.
Speaker of the...
Oil spillage: Court awards N82bn damages against NNPC, Mobil
The Federal High Court in Abuja has awarded the sum of N82 billion as general damages against the Nigerian National Petroleum Corporation (NNPC) and...
One feared dead as protest turns violent in Rivers
One person has been feared killed while many others were injured in a peaceful protest that turned violent by indigenes of Finima in Bonny...
Cattle valuable than oil and gas – Adamu Garba
By Segun Adewole
Former Presidential Aspirant, Adamu Garba, has said that cattle have more economic value than the entire oil and gas reserve in Southern...
NNPC begins transport of pipelines by rail
The Nigerian National Petroleum Corporation (NNPC) announced the transportation of pipeline for the AKK Gas project by rail through the Warri-Itakpe line, which the...
Stranded Suez Canal ship re-floated
A massive container ship blocking Egypt’s Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said, raising hopes...
NNPC explains why FG is spending $1.5bn on Port Harcourt refinery
The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion on the Port Harcourt...
Petrol should not sell above N70 per litre -PDP
The main opposition party in Nigeria, Peoples Democratic Party (PDP) has warned against an increase in the pump price of petrol.
The party said this...
#FuelPriceHike: IPMAN asks members to sell at N175
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members to sell fuel between the range of N170-N175 in the South East...
