Oil & Gas - News Agency Of Nigeria

NNPC Weekly: Kyari harps on use of technology for business survival

On: December 5, 2021

NNPC By Edith Ike-Eboh and Emmanuel Afonne Abuja, Dec. 5, 2021 (NAN) The Nigerian National Petroleum Company (NNPC) Limited, started another busy week with its Group managing Director (GMD) and Chief Executive Officer (CEO), Malam Mele Kyari harping on the importance of technology and innovation to the survival of contemporaryContinue Reading

Reps to pass PIB in 2021

By: Rabi'u Sani Ali

On: March 11, 2021

In: Economy/Business, Oil & Gas

By Femi Ogunshola The House of Representatives, says it will pass the Petroleum Industry Bill (PIB) before the end of 2021. Rep. Benjamin Kalu, the spokesperson for the House, said this when he spoke with the News Agency of Nigeria (NAN) on Thursday in Abuja. He said that the host communitiesContinue Reading

IPMAN decries proliferation of illegal filling stations

By: Afonne Emmanuel

On: March 11, 2021

In: Economy/Business, Oil & Gas

Independent Petroleum Marketers Association of Nigeria (IPMAN), Cross River Chapter, decries proliferation of illegal filling stations in the state.Continue Reading

DPR sealed 86 illegal gas plants in Lagos in 2020 – Official

By: Ifeanyi Nwoko

On: March 10, 2021

In: Economy/Business, Oil & Gas

The Department of Petroleum Resources (DPR) says it shutdown 86 Liquefied Petroleum Gas (LPG) plants in Lagos State in 2020 for operating illegally.Continue Reading

FG to hold national summit on integration of artisanal petroleum refinery operations

By: Ifeanyi Nwoko

On: March 10, 2021

In: Economy/Business, Oil & Gas

The Federal Government says it has concluded plan to hold a National Conference on integration of Artisanal/Modular Petroleum refinery operations in the country to improve the capacity of the products.Continue Reading

Oil industry losing investments to non-passage of PIB – Okowa

By: Ifeanyi Nwoko

On: March 2, 2021

In: Economy/Business, Oil & Gas

Gov. Ifeanyi Okowa of Delta, on Monday, said the nation’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB).Continue Reading

Production cut: Sylva visits 4 OPEC countries

By: Rabi'u Sani Ali

On: February 19, 2021

In: Economy/Business, Oil & Gas

Minister of State for Petroleum Resources, Timipre Sylva, will visit some OPEC member states to discuss issues on crude oil production cut.Continue Reading

Panic buying cause of queues at filling stations in Maiduguri – DPR

By: Edith Ike-Eboh

On: February 19, 2021

In: Economy/Business, Oil & Gas

DPR says queues observed in some filing stations in Maiduguri are caused by panic buying by motorists on the assumption price hike.Continue Reading

No plans to increase petrol price, NNPC assures Organised Labour, others

By: Afonne Emmanuel

On: February 18, 2021

In: Economy/Business, Oil & Gas

Nigerian National Petroleum Corporation (NNPC) assures Organised Labour and Nigerians that there will be no increase in price of Premium Motor Spirit (PMS) also known as Petrol in month of February.Continue Reading

Global oil sector needs $12.6t investment, says OPEC

By: Ifeanyi Nwoko

On: February 18, 2021

In: Economy/Business, Oil & Gas

The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6-trillion investment to enable it contribute to achieving future global oil demand.Continue Reading

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