By Emmanuella Anokam The Federal Government has assured to address the concerns of oil transporters and distributors to ensure smooth distribution following the high cost of operations and maintenance of trucks used in the distribution of petroleum products. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this knownContinue Reading
By Emmanuella Anokam The convener of the Nigeria International Energy Summit (NIES) says it is targeting collaboration among stakeholders for energy sustainability. James Shindi, Chief Executive, Brevity Anderson, consultant to NIES, said to actualise this objective, the NIES 2024 summit, the seventh in the series, would feature a new sessionContinue Reading
By Emmanuel Afonne Ex-Super Eagles Captain Austin Okocha will lead his former teammates to tackle the football team of the Nigerian National Petroleum Company Limited (NNPC Ltd.), as the 13th NNPC Sports Fiesta gets underway in Abuja on Sunday. A statement by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd.Continue Reading
By Emmanuella Anokam The Group Chief Executive Officer of Oliserv Group of Companies, Emeka Okwuosa, has highlighted the challenges indigenous oil companies encounter in securing International Oil Companies (IOC)’s divested assets. Okwuosa listed the challenges in a presentation tagged: “Financing Africa’s Energy Companies”, on Thursday at the ongoing 8th Sub-SaharanContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited/TotalEnergies Joint Venture (JV) has achieved zero routine gas flare in all its assets. This feat was announced on Thursday during an inspection of the Oil Mining Lease (OML) 100 in South-eastern Niger Delta, off Port Harcourt, by a joint NNPC Ltd.Continue Reading
By Dorcas Jonah The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has expressed the Federal Government’s determination to tackle oil theft and vandalism in the Niger Delta region. Lokpobiri said this when the Interim Administrator of the Presidential Amnesty Programme (PAP), retired Maj.-Gen. Barry Ndiomu, led hisContinue Reading
Oil theft: Lawmaker urges FG to renew expand Tantita security contractContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Central Bank of Nigeria (CBN) have reviewed the NNPC Ltd.’s decision to domicile a significant portion of its revenues and other banking services with the CBN. The review was held during a meeting between the Group Chief ExecutiveContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company (NNPC) Ltd. has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. The Chief Corporate Communications Officer, NNPC Ltd., Olufemi Soneye, in a statement on Thursday, urged Nigerians to disregardContinue Reading
By Emmanuella Anokam The Federal Government has set up an inter-ministerial committee to suggest ways of achieving a sustainable gas supply to gas generating plants in the country. The inter-ministerial committee was constituted in Abuja by the Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo and the Minister ofContinue Reading
