Lagos lawyer and human rights activist, Mr Femi Falana, SAN, has said that the new fuel price regime announced by the Federal Government is illegal and...
The Federal Government has finally dumped the subsidy on Premium Motor Spirit (PMS) also known as petrol, after weeks of speculations, as the product will now...
The Federal Government has concluded plans to privatize the nation’s refineries within the next 12 months, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has...
The Nigerian National Petroleum Corporation (NNPC) is determined to curb carbon emissions in its operations in line with the global Paris agreement of December 2015. The...
The Conference of Nigeria Political Parties, CNPP, Thursday, threatened to the Nigerian National Petroleum Corporation, NNPC, if fuel queues being experienced across the country does not...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who is also the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has...
Following the decision of the Federal Government to deliver 1,120 trucks of fuel( approximately 36 million litres of fuel) in the country, last week, the government...
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Minister of State for Petroleum Resources who also doubles as Group Managing...
The fuel scarcity situation, under which Nigerians have been groaning for some time now, may not go away soon, as it may still linger for some...
The Trade Union Congress, TUC, Tuesday, called on President Muhammadu Buhari to immediately step down as the Minister of Petroleum Resources in the face of the...
The Nigerian National Petroleum Corporation (NNPC) has urged Nigerians to desist from panic buying of petroleum products assuring that the Corporation has enough supply to go...
Nigerian Senate, Wednesday, mandated its Joint Senate Committee on Petroleum (Upstream and Downstream), Finance and Appropriation to immediately investigate joint venture cash calls by the Nigeria...
The data obtained from the corporation’s latest financials report showed that an average of N47.86 million was expended in the repair of each of the line...
Lagos lawyer, Femi Falana, SAN, has called on the Federal Government to jettison the idea of taking loan from anywhere in the world, saying the country...
The Federal Government may sell off 40 percent of a new company to be created from the Nigeria National Petroleum Corporation (NNPC) within ten years of...
The Nigeria Labour Congress (NLC) has hinted of plans to carry out a one day strike action over the parlous state of the economy, especially the...
In its quest to regularise the supply and distribution of petroleum products across the country, the Petroleum Products Pricing Regulatory Agency (PPPRA), has, with the approval...
Speculations are rife that President Buhari will nominate Mohammed Barkindo as the next OPEC secretary general. Sources close to government disclosed Thursday that the former helmsman...
The Minister of State for Petroleum, Dr Ibe Kachikwu said Tuesday that some Oil Majors have shown commitment to partner the Federal government to revamp...
After a barage of criticism from several quarters, the Minister of State for Petroleum Resources, Ibe Kachikwu, Tuesday, apologised to Nigerians for his statement that he...
In an effort to tackle the crippling fuel scarcity across the nation, President Muhammadu Buhari has approved additional crude oil volume for the Nigerian National Petroleum...
The Lagos Chamber of Commerce and Industry, LCCI, yesterday, knocked the Federal Government for over regulating the oil and gas sector. According to LCCI, the petroleum...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has warned that the current fuel scarcity across the country will remain till May. Kachikwu, who...
The dust raised by the report of the Auditor-General of the Federation to the National Assembly on the indebtedness of the Nigerian National Petroleum Corporation, NNPC,...
Nigeria is set to negotiate 30% increase in oil swap deals to stave off scarcity of petroleum products as it grapples with the worst economic crisis...
In a sharp reaction, the Nigerian National Petroleum Corporation, NNPC, Wednesday said it did not fail to remit N3.325tn to the Federation Account. It however admitted...
Even as Nigerians are painfully chewing the bitter pill occasioned by the lingering fuel crisis, the Independent Petroleum Marketers Association of Nigeria (IPMAN), one of the...
President Muhammadu Buhari, on Monday, appealed to investors to come to Nigeria, assuring that his government has overcome the Boko Haram terrorists. President Buhari stated this in...
Nigeria’s Minister of Communications, Alhaji Lai Mohammed, today offered 10 critical responses to issues troubling the Buhari-led government. While calling Nigerians to trust the present administration...
IPMAN, a stakeholder in the oil and gas industry, has expressed satisfaction with the restructuring of the NNPC, against an earlier opposition by PENGASSAN and NUPENG....
The Minister of State for Petroleum, Dr. Ibe Kachikwu on Saturday hinted of plans to collaborate with the Central Bank of Nigeria (CBN) to pave a...
The plan by the Minister of State for Petroleum Resources, Dr. Ibe Kachicwu, to restructure the NNPC, Thursdayelicited different reactions from the two chambers of the...
Labour unions in Nigeria’s oil sector, NUPENG (National Union of Petroleum and Natural Gas ) and PENGASSAN (Petroleum and Natural Gas Senior Staff Association) have called...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu says that the Nigerian National Petroleum Corporation (NNPC) was reorganized and not unbundled. He stated that...
The two major labour unions in the oil and gas industry, NUPENG and PENGASSAN have opposed plans by government to split the NNPC into 30 companies....
The Nigerian National Petroleum Corporation (NNPC) has explained that despite the fuel scarcity in some parts of the country, the Kaduna and Warri refineries have to...
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, on Thursday hinted that the...
While Nigerians are groaning under the pain of having to endure long queues to get fuel, especially Premium Motor Spirit (PMS) those responsible for providing the...
The Nigerian National Petroleum Corporation (NNPC) has promised to complete the ongoing gas projects aimed at linking gas-to-power and gas-to-industries. Giving this assurance on Monday was...
There are concerns that Kerosene, a petroleum product mostly used by the poor may climb to an all-time high of N200 per litre, following government’s total...
This is cheery news for Nigerians no doubt as the Nigerian National Petroleum Corporation (NNPC) on Tuesday announced that the nation’s three refineries namely: Kaduna, Port...
To forestall the lingering fuel crisis across the country, especially in the yuletide, the Nigerian National Petroleum Corporation (NNPC) on Christmas eve supplied the petroleum motor...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday declared that the Kaduna Refining and Petrochemical Company (KRPC) has begun daily production of 3.2 million litres of...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says that he had received the Presidency’s approval to commence the final phase of the restructuring of...
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has assured that two of the refineries may be revived by the end of December....
Seemingly desperate about the persistent scarcity of petroleum product in most part of the country, and how its efforts have not provided any remedy, the Nigerian...
In from Ali Smart . . . The Nigerian National Petroleum Corporation (NNPC) has denied responsibility for the lingering fuel scarcity being experienced in major cities...
The country may still need to depend on importation of fuel products for some time as the Federal Government would need about $500m to put the...
The Nigerian National Petroleum Corporation ( NNPC) on Wednesday disclosed that the Federal Government has released the sum of N413billion to oil marketers as outstanding subsidy...
In from Success Allantee (Nation’s capital) . . . In what appears as a drastic policy turnaround, the Nigerian National Petroleum Corporation, NNPC, Tuesday, announced that...
