Mkpoikana Udoma  Port Harcourt — A protest by three oil unions in the country is currently ongoing outside the Port Harcourt Refinery complex, with the oil workers demanding the removal of the Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Mele Kyari. The unions are the Petroleum Tanker Drivers, PTD, anRead More

The Federal Government has stated that its N250 billion intervention facility for the national gas expansion programme is targeted at making Compressed Natural Gas (CNG) the fuel of choice for transportation and Liquefied Petroleum Gas (LPG), domestic cooking, captive power, and small industrial complexes. To this end, the Central BankRead More

The Organization of the Petroleum Exporting Countries (OPEC), has said oil demand growth in China is currently the only certainty for rebound, with consumption in the country seen rising through the remainder of 2020 and recovering completely in 2021. According to OPEC Secretary-General, Mohammed Barkindo, the rest of Asia willRead More

Trade Union Congress (TUC) has given the federal government 7-day ultimatum to reverse the hike in prices of electricity, petrol and all other social services in the country to status quo ante (prior to increase).   In a statement signed by Comrade Quadri Olaleye, President of TUC and Comrade (Barr)Read More

The Nigeria LP Gas Association (NLPGA), has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory Agency (PPPRA), on the levy and administrative fee imposed on Liquefied Petroleum Gas (LPG) or cooking gas despite the product being deregulated. The Association had argued that imposingRead More

…Cost of repairs set to hit N1tr …Why pipeline vandalism persists Nigeria’s cost of pipeline repairs and management may soon hit N1 trillion as facilities were damaged 9,420 times in five years, as vandals steal oil and gas. This sum and other recorded losses could build a refinery with theRead More

By next month, the Federal Government will commence the conversion of cars and generating plants for gas fuelling. The Minister of State for Petroleum Resources, Timipre Sylva, spoke on NTA’s “Good Morning Nigeria” which our Abuja correspondent monitored on Monday. Shortly after his assumption of office, he had vowed to provideRead More

The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Ltd (CNL) Joint Venture has donated a Polymerase Chain Reaction (PCR) laboratory facility to Warri Central Hospital in Delta. The facility was donated to the hospital in Warri, to assist in curtailing the spread of COVID-19 in the state. Also donatedRead More

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price. Ahmed said this is because the refinery is located at the ExportRead More

OpeOluwani Akintayo The Fourteenth of September 2020 is a very special day for the Organization for the Petroleum Exporting Countries, OPEC. This sees the Organization celebrate its 60th anniversary. In a statement on Monday, the Organization said the 60th anniversary is a time to reflect and appreciate the efforts of all those who have worked soRead More