PPPRA says why FG ’ll not hands-off downstream oil sector
Insists it no longer fixes fuel price
The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum...
We need passage of regulatory framework for gas development-NLNG Boss
… as Train 7 project gets underway, NCDMB, NLNG hold EPC contract kick-off meeting
The need to harness Nigeria’s gas by tackling some of the...
Global oilfield services demand set to decline by 25% in 2020
Global demand for oilfield services (OFS), measured in the total value of exploration and production (E&P) company purchases, is set for a massive 25%...
Seplat’s significant cash resources, among others, provide strong resilience to oil volatility – CEO
Seplat Petroleum Development Company Plc, has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience...
COVID-19: IPMAN appeal to FG on accessibility to bank transaction’s window
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo has appealed to President Muhammadu Buhari to grant marketers...
Oando, Aiteo, Seplat and Other Indigenous Oil Companies Collaborate in Fight Against COVID-19
The impact of the global pandemic that is COVID-19 on world economies and human lives are so far-reaching, it would be impractical to expect...
NNPC assures of availability of petroleum products at Easter
… as NNPC retail stations in full compliance with PPPRA price template
The...
Nigeria needs $6b to develop 5M Tons LPG infrastructure
In order to achieve the 2023 target of five million tons of liquefied petroleum gas (LPG) also called cooking gas consumption. At least $6...
COVID-19: SHELL equips three hospitals, provides 8 vehicles
The Shell companies in Nigeria have presented eight vehicles to the governments of Lagos and Rivers State to support the efforts at contact tracing...
Shell sees oil production in Nigeria hit 5 year high
Global oil and gas giant, Royal Dutch Shell, has said its total production in Nigeria increased in 2019 to 176,000 barrels of oil equivalent...
