FG says more modular refineries to begin operations soon
The Federal Government says it expects more modular refinery operators who obtained licence to begin operations soon. Mr Ahmad Shakur, Acting Director in the Department of Petroleum Resources…
FAAC Disburse N1.92trn to 3 Tiers of Govts. in Q1, 2019 – NBS
The Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019, according to the National Bureau of Statistics (NBS). The NBS…
Easter: We Will Not Fail to Seal Petrol Stations That Sell Above Regulated Price- DPR
The Department of Petroleum Resources (DPR) Field Office in Enugu says petroleum marketers who sell products above government approved prices risk having their filling stations sealed. The DPR also warned…
Alleged $8.4m Oil Theft: DPR Says Product Met Regulatory Standards
The Department of Petroleum Resources (DPR) on Thursday said that Automotive Gas Oil (AGO) worth $8.4 million, allegedly stolen by an international oil company and five others, met the standards…
FG to Commence Probe of 22 DMBs Over Stamp Duties Collection, Expects to Recover N100bn
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says it will soon commence probe of banks over stamp duties collection as it expects to recover more than N100 billion from…
Panic Buying: Report Any Filling Station That Sells PMS Above N145 Per Litre – NNPC
The Nigerian National Petroleum Corporation (NNPC) has asked Nigerians to report any filling station that sells Premium Motor Spirit (PMS), popularly known as petrol above the N145 per litre approved…
Panic Buying: Two Vessels of 50m Litres of PMS to Arrive Nigeria Every Day From Friday – NNPC
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers not to engage in panic buying, saying there is enough petroleum products stock in 55 depots…
Govt. Policies Remain The Only Way of Achieving, Robust, Downstream Petroleum Industry- MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says the association will support Federal Government’s petroleum industry policies including the policy on deregulation. Mr Adetunji Oyebanji, Chairman of the Association,…
FG Sets up Committee to Harmonise Oil, Gas Revenue, Production
Minister of state for petroleum Resources, Ibe Kachikwu The Federal Government has set up a committee to harmonise oil and gas revenue and production data of government earnings from all…
Dangote Fertiliser, Chevron Nigeria Sign Historic Agreement on Natural Gas Supply
L-R: Chairman/Managing Director, Chevron Nigeria Limited (CNL), Jeffrey Ewing; Managing Director/CEO, Gas Aggregation Company Nigeria Limited (GACN), Engr. Morgan Okwoche; Head, Gas Monitoring & Regulation Division, Department of Petroleum…