Oil & Gas (Page 61)

By Emmanuella Anokam The Federal Government says it is focused on ensuring that the Premium Motor Spirit (PMS) scarcity and queues are normalised. Chief Timipre Sylva, Minister of State, Petroleum Resources, made this known on Friday while speaking with newsmen shortly after inspecting some filling stations in the Federal CapitalContinue Reading

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300 companies applied to the gas buying and trading scheme to end gas flaring from 48 oil production sites in the country. The Chief Executive OfficerContinue Reading

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for the quick-fix repairs of the Kaduna Refining and Petrochemical Company Limited (KRPC). Group Chief Executive Officer, NNPCL, Malam Mele Kyari and CEO of Daewoo E&C Nigeria, MrContinue Reading

By Emmanuel Oloniruha The Nigerian National Petroleum Company Limited (NNPCL) has assured of adequate fuel supply for successful conduct of the 2023 general election. Mele Kyari, Group Chief Executive Officer, NNPC Limited, said this when he received management team of Independent National Electoral Commission (INEC) led by its Chairman, Prof.Continue Reading

By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Limited) on Tuesday engaged with the oil marketers and security agencies to find ways of addressing the lingering fuel crisis in the country. The engagement, held in Abuja at the instance of the NNPC Limited had in attendance the ChiefContinue Reading

By Emmanuella Anokam The Nigeria National Petroleum Company Limited (NNPCL) says it has taken over the operation of Production Sharing Contract (PSC) assets from Addax Petroleum Development Nigeria Limited. The NNPCL Chief Corporate Communications Officer, Garba Deen Muhammad, said in a statement on Tuesday that all closing obligations had beenContinue Reading

By Ella Anokam The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has urged the Federal Government to revoke licences of oil marketers selling above approved pump price of Premium Motor Spirit (PMS). PENGASSAN said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) should immediately mobilise itsContinue Reading