Nigerians To Start Renting Cooking Gas Cylinders, Says FG   The Federal Government on Thursday announced that it was creating micro-distribution centres where users of cooking gas would access the commodity at affordable rates and rent cylinders. It also disclosed that the Nigerian National Petroleum Corporation and...

FG’ll Offer Small Oil Fields For Licensing, Says NNPC     The Federal Government will offer marginal oil fields for auction this year despite the crash in crude oil prices, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said. The country has not...

Gas Shortage Stalls 23,081MW, Despite Gencos N200bn Fund   The dearth of gas stalled the generation of 23,081.5 megawatts of electricity in eight days despite the N200bn that was paid by the Federal Government recently to the power sector, particularly for settling gas debts. Investigations showed that...

Petrol Subsidy: Oil Marketers Seek Flat Rate For Dollar   Oil marketers on Tuesday advised the Federal Government not to give special advantage to any person or group of persons in the sale of the United States dollars if it wants the removal of subsidy on...

No Buyer Has Rejected Nigeria’s Crude - NNPC     No buyer of Nigerian crude oil has returned or rejected it despite the glut in global crude oil market, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, stated on Monday. Kyari explained that although some vessels...

Petrol Subsidy Gone Forever, Says Kyari   The era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said on Monday. Kyari, who spoke during a live programme on African Independent Television, stated that with the current fluctuations in...