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FG Eyes 500 MMscfd Gas Supply as Tinubu Unveils 3 Projects

FG Eyes 500 MMscfd Gas Supply as Tinubu Unveils 3 Projects President Bola Tinubu has commissioned three milestone projects, the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant and the 23.3km ANOH-Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline across Delta...

NNPCL to Begin Oil Production at OML 13

NNPCL to Begin Oil Production at OML 13 Nigerian National Petroleum Company Exploration and Production Limited (NNPCL) and Natural Oilfield Services Limited have announced the commencement of oil production at Oil Mining Lease 13 in Akwa Ibom State. This was contained in a statement signed by...

FG to Initiate Fresh Audit of N2.7tn Subsidy Debt against NNPCL’s Claim

FG to Initiate Fresh Audit of N2.7tn Subsidy Debt against NNPCL's Claim The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG had conducted an initial audit reducing the...

9,000 Oil Marketers May Lose Licences, IPMAN Seeks FG’s intervention

9,000 Oil Marketers May Lose Licences, IPMAN Seeks FG’s intervention As Nigerians battle fuel scarcity, over 9,000 oil marketers are on the verge of losing their operating licences. As a result, the Independent Petroleum Marketers Association of Nigeria (IPMAN) is urging the Nigerian National Petroleum Company...

FG Begins 15-day Emergency Fuel Supply to Curb Scarcity 

FG Begins 15-day Emergency Fuel Supply to Curb Scarcity  The Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. As fuel scarcity continues to bite harder in different locations, FG also...

FG, NNPCL Fault El-Rufai, Marketers Claim, Says No Subsidy Return

FG, NNPCL Fault El-Rufai, Marketers Claim, Says No Subsidy Return The Federal Government through its Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited have stated that the various claims by different individuals and groups on the alleged return of subsidy on Premium...