NNPCL, Marketers Fuel Vessels Arrive Next Week – IPMAN   Large consignments of Premium Motor Spirit, popularly called petrol, being imported by major oil marketers, are to hit Nigeria from next week and may force down the price of the commodity, both major and independent dealers...

Fuel Subsidy and the Common Man By Abdullahi Abdullateef “But I venture to assert that they will not be exorcised, and indeed they will be firmly entrenched, unless God Himself imbues a vast majority of us with a revolutionary change of attitude to life and...

Oil Marketers Demand Release Of N30.96trn Fuel From NNPCL   As the Nigerian National Petroleum Company Limited (NNPCL) hands-off the monopoly of petrol importation, petroleum marketers have demanded immediate release of their outstanding supplies of Premium Motor Spirit otherwise known as petrol worth N30.96 trillion by...

NNPCL Cuts Imports as Marketers' Cargoes Arrive in July The Federal Government, on Wednesday, confirmed that other oil marketers have joined in the importation of Premium Motor Spirit, popularly called petrol, following the recent removal of subsidy on the commodity. It revealed that about three mega...

IOC, NNPCL Discover Oil in OML 102 Nigeria’s oil and gas output may get a boost as the TotalEnergies EP Nigeria and the Nigerian National Petroleum Company Limited Joint Venture have reported oil discovery in offshore Oil Mining License 102. In a statement on Tuesday, the...

FG Approves Two Oil Export Terminal Licences to Generate $11bn The Federal Government has issued and signed licences for the establishment of two crude oil export terminals, capable of generating $11bn revenue annually for the country. It issued the licences through the Nigerian Midstream and Downstream...