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 Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round is an opportunity to spur new oil exploration and drilling activities in the prospective deep waters offshore Nigeria. Mr Gbenga Komolafe,Continue Reading

By Sunday Bassey The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 14 filling stations in Oron, Akwa Ibom, for selling Premium Motor Spirit (PMS) above the regulated price. Mr Joy Koro, the agency’s Team Lead, Distribution Systems Storage and Retailing Infrastructure, made the disclosure in an interviewContinue Reading