Energy Archives — Page 43 of 58

January 25, 2018 No Responses

NNPC Boss Laments Cross-Border Petrol Smuggling

The Nigerian National Petroleum Corporation (NNPC) on Wednesday raised alarm over the sustained nefarious activities of some cross-border fuel smuggling syndicates and hoarders which have so far impeded efforts by the Corporation to sanitize the fuel supply and distribution matrix...

January 17, 2018 No Responses

Indigenous shipowners may get nod to lift crude

Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift Nigeria...

January 17, 2018 No Responses

Edo to partner Sahara Energy on power, gas

Edo State Governor, Mr. Godwin Obaseki, has explained that the state was developing a new tripartite arrangement involving the oil companies, the state government and host communities to ensure that Corporate Social Responsibility programmes achieve the desire...

January 11, 2018 No Responses

Edo, SINOPEC sign 5,500bpd Modular Refinery deal

The Governor of Edo State, Mr. Governor Godwin Obaseki, on Wednesday in China, expanded the portfolio of foreign investments in the state following the signing of a Memorandum of Understanding (MoU) with a Chinese consortium for a 5,500 barrel per...

January 9, 2018 No Responses

NNPC restores Escravos-Lagos pipeline, resumes gas supply

The Escravos-Lagos Pipeline (ELP) which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed. The Nigerian National Petroleum Corporation (NNPC) which disclose...

January 5, 2018 No Responses

Baru: FG lost 148,533 million litres of PMS to diversion

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria. Speaking at an investiga...

January 4, 2018 No Responses

‘Oando’s forensic audit to commence this month’

There is no going back on the forensic audit of Oando Plc, the Acting Director-General of the Securities and Exchange Commission (SEC), Mr. Abdul Zubair, has said. Speaking at a press briefing in Abuja on Tuesday, Zubair said the...

December 28, 2017 No Responses

Abuja motorists get more free fuel as NNPC, DPR, seal stations

Some motorists in Abuja on Wednesday got more free petrol as the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) sealed more stations. The team had sealed the Khalif Civic Centre and Investment Limited at Kubwa,.....

December 28, 2017 No Responses

Sources fault Kachikwu’s alleged memo, clears Kyari

The alleged circulation of non-existent July 2017 memo, predicting the likely shortage of PMS by the Minister of State for Petroleum Resources, Dr. Ibe Kackiwu has been described as a grand design to discredit and embarrass President Muhammadu Buhari and hi...

December 26, 2017 No Responses

NNPC, DPR uncover illegal fuel reservoirs in Abuja

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja. Speaking at the site of the mini depot, the Group Managing Director of...

December 25, 2017 No Responses

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr. Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...

December 24, 2017 No Responses

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...

December 23, 2017 No Responses

Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

The supply and price of Petrol in Anambra have worsened as customers now pay between N250 and N300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense. However, the...

December 22, 2017 No Responses

INTELS fetes less privileged children

Representative of INTELS Nigeria Limited were guests to the children of Compassion Centre, Nkpogu Village in Port Harcourt, Rivers State last Friday as they hosted the children and staff of the centre to a lavish Christmas party and donated several...