PEDAN Commends Tinubu for Appointing Technocrats into NNPCL   The Petroleum Dealers Association of Nigeria (PEDAN) has described the recent appointments made by President Bola Ahmed Tinubu at the Nigerian National Petroleum Company Limited (NNPCL) as commendable and timely. In a statement signed by its National Secretary,...

FEC Directs Full Implementation of Naira-for-Crude Deal, Projects Cut in Fuel Price The Federal Executive Council, on Wednesday, directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. It said the initiative with local refineries is not a temporary measure but a “key policy...

FG Vows to Continue Naira-for-Crude Deal The Federal Government has confirmed that crude and refined product sales in Naira initiative will continue as a national policy. This assurance was contained in the official X (formerly Twitter) handle of the Federal Ministry of Finance on Wednesday morning...

Mele Kyari Retires with His Head High By Salisu Na'inna Dambatta The end of the glorious career of Mele Kolo Kyari at the NNPC and later, NNPCL is such that he left the organisation with his shoulders very high despite all the challenges and complex Nigerian...

NNPCL Increases Petrol Price to N950 per litre  The Nigerian National Petroleum Company Limited has raised the pump price of Premium Motor Spirit also known as petrol to N925 per litre at its retail stations in Lagos and N950 per litre in Abuja. The new price...

There is anxiety in the downstream arm of the oil and gas sector as operators await the decision of the Federal Government on the naira-for-crude deal between the Nigerian National Petroleum Company Limited and the Dangote Petroleum Refinery.