Oil & Gas (Page 63)

By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has organised a Bidders’ Conference/Investors Forum for stakeholders in the sector, to fast track implementation of the Nigerian Gas Flare Commercialisation Programme (NGFCP). This is contained in a statement on Tuesday in Abuja signed by the NUPRC ChiefContinue Reading

By Ella Anokam President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find lasting solution to disruptions in the supply and distribution of petroleum products. The Steering Committee, which will be chaired by Buhari, has the Minister of StateContinue Reading

By Emmanuella Anokam The Minister of State for Petroleum Resources, Chief Timipre Sylva says the Federal Government has not approved any increase in the pump price of Premium Motor Spirit (PMS) otherwise called petrol. In a statement, on Friday in Abuja, Sylva said that President Muhammadu Buhari had not approvedContinue Reading

By Emmanuella Anokam Many Motorists in the Federal Capital Territory (FCT), have frowned at the current fuel scarcity being experienced in the territory and environs. Speaking with the News Agency of Nigeria (NAN) on Thursday in Abuja, the motorists expressed displeasure over the reoccurrence of long queues at most fuellingContinue Reading

By Ella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd), is set to spud the first Oil Well in Nasarawa state in March 2023, in continuation of its oil exploration activities in the country’s inland basins. The Group Chief Executive Officer of the Company, Malam Mele Kyari, disclosed thisContinue Reading