Production cut: Sylva visits 4 OPEC countries
Minister of State for Petroleum Resources, Timipre Sylva, will visit some OPEC member states to discuss issues on crude oil production cut.
Panic buying cause of queues at filling stations in Maiduguri – DPR
DPR says queues observed in some filing stations in Maiduguri are caused by panic buying by motorists on the assumption price hike.
No plans to increase petrol price, NNPC assures Organised Labour, others
Nigerian National Petroleum Corporation (NNPC) assures Organised Labour and Nigerians that there will be no increase in price of Premium Motor Spirit (PMS) also known as Petrol in month of February.
Global oil sector needs $12.6t investment, says OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6-trillion investment to enable it contribute to achieving future global oil demand.
DPR to sanction sellers of PMS in Jerry cans
Department of Petroleum Resources (DPR) in Niger threatens to sanction sellers of large quantity of Premium Motor Spirit (PMS) in Jerry cans.
NEITI boss thanks Buhari for opportunity to serve
Mr Waziri Adio, Executive Secretary NEITI has thanked president Muhammadu Buhari for the opportunity to serve in the country
WTO: OPEC congratulates Okonjo-Iweala on appointment
OPEC has congratulated Dr Ngozi Okonjo-Iweala, on her appointment as the Director-General of the World Trade Organisation (WTO).
Nigeria on course to end gas flaring by 2025 — minister
Minister of State for Petroleum Resources, Mr Timipre Sylva says Nigeria is on course to end gas flaring by 2025.
NCDMB lauds Total for FID on ‘Ikike Project’
NCDMB has commended Total Exploration and Production (Total E & P) for its confidence in the Nigerian economy.
SPDC: Alleged underreported 2 million barrels of crude, false says DPR
DPR has dismissed reports that it uncovered a ‘missing 2 million barrels of crude’ in oil production records by SPDC between 2016 and 2018.