By Emmanuella Anokam The distribution of Premium Motor Spirit (PMS) also known as fuel is gradually normalising as most fuel stations in the Federal Capital Territory (FCT) have started dispensing the product. The News Agency of Nigeria (NAN) recalls that long queues were seen at most fuel stations due toContinue Reading
By Emmanuella Anokam The Federal Government says measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil production in Nigeria in the first quarter of 2024. Sen. Heineken Lokpobiri, Minster of State for Petroleum Resource (Oil) said this in a statementContinue Reading
By Naomi Sharang Gov. Hope Uzodimma of Imo and the Chairman, crude oil theft and management committee, says his committee is working to end crude oil theft in the country, within the shortest possible time. Uzodimma stated this when he briefed newsmen, shortly after a stakeholders meeting that lastedContinue Reading
By Emmanuella Anokam An Economist, Dr Chijioke Ekechukwu says Foreign Exchange (Forex) is not the only determinant of high prices of goods and services. Ekechukwu, who is the Managing Director and Chief Executive Officer, Dignity Finance and Investment Ltd., spoke with the News Agency of Nigeria (NAN) on Tuesday inContinue Reading
By Emmanuella Anokam The Petroleum Technology Development Fund (PTDF) says it has upgraded facilities in petroleum based departments of various universities to meet the training needs of energy and related industries in Nigeria. The Fund also established two foremost centres of excellence at the Centre for Petroleum and Energy StudiesContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.), has underscored the need of bridging the energy access gap to spur economic prosperity of the country. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Malam Mele Kyari, stated this at the Society of Petroleum Engineers Oloibiri LectureContinue Reading
By Emmanuella Anokam The Federal Government says addressing the underlying socio-economic causes of insecurity, such as poverty and unemployment, is crucial to achieving lasting stability in the energy sector. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), said this at the Oloibiri Lecture Series and Energy Forum 2024 (OLEF),Continue Reading
By Emmanuel Afonne Mr Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Ltd., has bagged the 2024 Distinguished Spokesperson Award in Oil and Gas. The award was conferred on him by the Nigerian Institute of Public Relations (NIPR) on Wednesday night at the inaugural NationalContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that the rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail outlets nationwide are false. Mr Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd., said in a statementContinue Reading
By Emmanuella Anokam The Ministry of Petroleum Resources says it has been interacting with stakeholders to obtain industry alignment and participation in carrying out its Executive Order issued by President Bola Tinubu. Mr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), said this on Tuesday in Abuja in his keynoteContinue Reading
