By Ella Anokam The Federal Government has announced plans to establish reliable database to determine appropriate tariff methodology for transportation and bulk storage of crude oil and natural gas in the country. The Authority Chief Executive (ACE), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed stated thisContinue Reading
By Ella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS) machines or bank transfers at their outlets. This is contained in a statement by Mr Kimchi Apollo, General Manager, Corporate Communications and StakeholdersContinue Reading
By Stellamaris Ashinze Some experts, on Wednesday, said that renewable energy was key to bridging the energy gap in the underserved and unserved communities. They stated this at a panel discussion, with the theme: ‘Bridging the Energy Gap in Un-served and Under-served Communities in Nigeria’ at the ongoing AFRICANXT 2023 inContinue Reading
By Emmanuella Anokam The Federal Government has warned of dire consequences for any individual or groups who attempt to exploit or further cause untold hardship to ordinary Nigerians by disrupting fuel supply and distribution chain. This is coming on the heels of renewed efforts by the Nigerian National Petroleum CompanyContinue Reading
By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, disclosed this on Monday in Abuja at the third Phase of its Consultation with StakeholdersContinue Reading
By Ella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, disclosed this on Monday in Abuja at the third Phase of its Consultation with StakeholdersContinue Reading
By Rukayat Moisemhe The management of Techno Oil Ltd. has directed its outlets nationwide to make fuel sales to motorists round the clock, to mitigate the hardships facing Nigerians currently. The Chief Executive Officer of the company, Mr Tony Onyeama, made the announcement on Monday in Lagos whileContinue Reading
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 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
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