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No Plans To Hike Fuel Price  – NNPC

No Plans To Hike Fuel Price – NNPC

The Nigeria National Petroleum Corporation (NNPC) has assured Nigerians that there will be no increase in the price of petroleum during the Yuletide.

Bio-fuel Production Can Reduce Import Of Fossil Fuel – NGO

Bio-fuel Production Can Reduce Import Of Fossil Fuel – NGO

A Non-governmental Organisation (NGO), Women in Cleantech and Eco-Innovation Initiative (WCE), has said the local production of biofuel could reduce the level of fossil fuel importation into the country.

Nigeria, Oil Firms To Lose N3.45bn Daily As Shell Shuts Bonga

Nigeria, Oil Firms To Lose N3.45bn Daily As Shell Shuts Bonga

Shell Nigeria Exploration and Production Company Limited has announced the shutdown of Bonga field on Monday, to cause revenue lose of N3.45bn daily.

DPR Seals 13 Petrol Stations Selling Above N145 In Akwa Ibom

DPR Seals 13 Petrol Stations Selling Above N145 In Akwa Ibom

DPR has announced that it had sealed 13 fuel stations in Akwa Ibom for selling petrol above the N145 per litre pump price.

Petroleum Products: DPR Uncovers Fresh Cases Of Diversion By Marketer

Petroleum Products: DPR Uncovers Fresh Cases Of Diversion By Marketer

The Department of Petroleum Resources (DPR) has uncovered fresh cases of diversion of petroleum products by some fuel marketers who load and divert them from their original destinations.

FG Orders Immediate Payment Of N150bn Owed Petroleum Marketers

FG Orders Immediate Payment Of N150bn Owed Petroleum Marketers

The Federal Government has ordered the payment of the N150 billion Petroleum Equalisation Fund owed petroleum marketers. This is in a bid to avoid the stoppage of the transportation of petroleum products all over the country.

Obaseki Slams Oil Majors For Neglecting Host Communities

Obaseki Slams Oil Majors For Neglecting Host Communities

Gov. Godwin Obaseki of Edo has decried the poor attitude of multinational oil companies operating in the state toward the welfare of their host communities.

‘7 Big Win’ Petroleum Roadmap Launched

‘7 Big Win’ Petroleum Roadmap Launched

The new roadmap will focus on Niger Delta and security, policy and regulations, business environment, investment drive, transparency, efficiency, stakeholder management and others.

Petroleum Products Import Hits N3trn

Petroleum Products Import Hits N3trn

The National Bureau of Statistics has announced that Petroleum products importation between January 2015 to April 2016 cost the Federal Government about N3trn.

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