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House’ll Pass PIB Into Law In April, Says Gbajabiamila

House'll Pass PIB Into Law In April, Says Gbajabiamila       Speaker, House of Representatives, Femi Gbajabiamila has reiterated the commitment of the parliament to passing the Petroleum Industry Bill, PIB into law in April this year. The Speaker gave the assurance while making his remarks at the...

Refineries Lost N152.08bn In 15 Months Of Being Idle

Refineries Lost N152.08bn In 15 Months Of Being Idle         The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the Nigerian National Petroleum Corporation have shown. Analysis of data collated from NNPC monthly reports revealed that all...

How We Created Opportunities Out Of Year 2020 Challenges — NNPC

How We Created Opportunities Out Of Year 2020 Challenges — NNPC         The year 2020 is a year like no other. A year that threw up a health challenge which brought the whole world to its knees. The coronavirus pandemic precipitated the lockdown of social and economic...

NNPC Adopts Third Party Financing For Oil, Gas Projects

NNPC Adopts Third Party Financing For Oil, Gas Projects       The Nigerian National Petroleum Corporation on Tuesday said it was currently focusing on third party financing of oil and gas development projects. Group Managing Director, NNPC, Mele Kyari, said this while playing host to the Chairman, Revenue...

Nigeria Most Expensive For Upstream Projects – Kyari

Nigeria Most Expensive For Upstream Projects – Kyari         The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that Nigeria remains one of the most expensive countries in the world for petroleum upstream projects. Upstream is refers to points in production that originate...

It’ll Be Cheaper To Run Gas-fired Vehicles – Fed Govt

It’ll Be Cheaper To Run Gas-fired Vehicles – Fed Govt         The Federal Government on Tuesday at the inauguration of the autogas scheme in Abuja said motorists who run their vehicles on autogas will spend less fund in refilling their tanks than those using Premium Motor...