Reps Order Audit Of NNPC Assets, Liabilities, Probe IoCs Over N2.6trn Debts     The House of Representatives has called for an audit of the assets and liabilities of the Nigerian National Petroleum Corporation before it is fully privatised. At the plenary on Wednesday, the House resolved to...

NNPC Partners IPPG To Boost Industry Reforms     The Nigerian National Petroleum Company Limited has stated it is imperative to collaborate with the Independent Petroleum Producers Group, to ensure the industry is well positioned to seize opportunities and minimize any adverse impact. A statement by the IPPG...

Fuel Worth N12.87bn Lost In Seven Months - NNPC   Petroleum products valued at N12.87bn were lost in seven months as oil theft and pipeline vandalism continued to plague the country’s oil and gas industry. The latest data obtained from the Nigerian National Petroleum Corporation showed that...

Effects of the Petroleum Industry Act, by Salisu Na'inna Ɗambatta The Petroleum Industry Act (PIA) 2021, which has lingered for around 20 years as it went through the porocess of enactment is now being assidiously implemented by the Federal Government through the Mele Kyari-led NNPC...

Petrol Subsidy: FG To Continue Bridging Cost Payment   The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed has disclosed that the Federal Government will continue to pay the cost of bridging petrol to ensure its availability...

Despite NNPC Claim, Fuel Marketers Predict N170/litre   The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected to increase from N159/litre to N165/litre, oil marketers said on Thursday. Dealers under the aegis...