By Emmanuella Anokam High-level sources in NNPC Ltd. have come out in full force, to explain the operations of the company against the backdrop of “blatant misinformation” on the activities of the firm. The News Agency of Nigeria (NAN) learnt on Thursday in Abuja that the gesture is aimed atContinue Reading
By Emmanuella Anokam Fresh facts emerging from the operations of the NNPC Ltd. have provided new insight into the activities of the company, affirming that the firm actually made a whopping profit of N674.1 billion in 2021. The News Agency of Nigeria (NAN) reports that the new facts appear toContinue Reading
By Olawunmi Ashafa The Nigerian National Petroleum Company (NNPC) Ltd. and UTM Offshore Ltd. on Thursday signed the Heads of Terms Agreement to provide clean energy to Nigerians through the UTM FLNG Project. The signing ceremony, which took place in Abuja, allows 20 per cent equity contribution of the NNPCLContinue Reading
By Naomi Sharang The Association of Distributors and Transporters of Petroleum Products (ADITOP) has kicked against the arbitrary increase of truck loading fees for Premium Motor Spirit (PMS) also known as petrol by the Petroleum Tanker Drivers Association (PTD). The National President of the association, Alhaji Lawal Dan-Zaki made thisContinue Reading
By Emmanuel Oloniruha A coalition of Civil Society Organisations (CSOs) on Thursday drummed support for the recent increment in the price of Premium Motor Spirit (PMS) across the country. The coalition made the call in a statement jointly signed by its Lead Convener, Dr Basil Musa and theContinue Reading
By Emmanuella Anokam Gazprom, Russia’s energy company, has expressed readiness to partner African countries on gas infrastructure and technology. Mr Dimitry Stratov, Deputy Director-General, Prospective Development, Gazprom, Dobycha Nadym, said this while briefing some African journalists and experts on Wednesday shortly before a tour of the company’s facilities. Stratov saidContinue Reading
By Ismail Abdulaziz President Bola Tinubu has directed the immediate review of the palliative to cushion the effect of removal of fuel subsidy. In a statement issued by Mr Dele Alake on Tuesday in Abuja, Tinubu directed the immediate review of the N8,000 conditional cash transfer programme meant toContinue Reading
By Emmanuella Anokam Some energy experts and journalists from different African countries have arrived in Moscow, Russia to participate in a tour of facilities of Gazprom, the Russian energy company. The News Agency of Nigeria (NAN) reports that the press tour for African journalists and experts, scheduled to hold fromContinue Reading
By Nana Musa The price of Petrol, known as Premium Motor Spirit (PMS) has increased from 537 to 617 naira Per litre in the Federal Capital Territory. The New Agency of Nigeria (NAN) correspondent who monitored the petrol situations in Maitama, Wuse, Gwarimpa, Jabi, Wuye and Kubwa areas of AbujaContinue Reading
By Lucy Ogalue The Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, says funding and technology are key to sustainable energy transition in the country. Aduda said this at the ongoing 2023 Nigeria Oil and Gas (NOG) Energy Week conference in Abuja. According to him, as the country transitsContinue Reading
