NNPC Officials Stole 48m Barrels Of Oil – Firm
An oil trading firm, Samano Sa De CV, has written a letter to the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, demanding five per cent reward for exposing the diversion and theft...
Nigeria’s LNG Export Revenue Threatened As Demand Drops
The crash in demand for liquefied natural gas in Europe has posed a threat to the Federal Government’s revenue from the exports of the commodity.
The Nigeria LNG Limited, which was established to harness Nigeria’s vast natural gas...
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...
