PPPRA begins monitoring of petrol marketers over sharp practices

The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned that any petroleum marketer that indulges in product diversion, under-dispensing or any other sharp practice...

Automotive Council takes steps to develop Nigerian electric car policy

Despite Nigeria’s inability to produce fuel-powered cars to meet the needs of its domestic market and the shortfall in the country’s electricity supply, the...

NERC reviews penalties for electricity theft, meter by-passing

The Nigerian Electricity Regulatory Commission (NERC), has come up with reviewed penalties for electricity customers involved in unauthorized access to electricity supply by tampering...

Reps order NNPC, NPDC to pay $1.5bn in unpaid royalties

The House of Representatives ad-hoc committee investigating over N1.6trillion revenue leakages yesterday asked the Nigerian National Petroleum Corporation (NNPC) and Nigeria Petroleum Development Company...

Reps to probe TCN over delay of $300 million power project

The House of Representatives says it will investigate the delay in the execution of the $300 million Nigeria Electricity and Gas Improvement Project (NEGIP)...

DPR approves Ororo field environmental studies ahead of drilling campaign

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that Guarantee...

NEMSA sets up task force to monitor electricity network

Managing director of the Nigerian Electricity Management Safety Agency (NEMSA), Engr Peter Ewesor has disclosed that the agency has concluded plans to set up...

DPR destroys 1,000 containers used in selling adulterated kerosene

The Department of Petroleum Resources (DPR), Eket Field Office, Akwa Ibom, said on Sunday that it destroyed over 1,000 plastic containers used in selling...

Senate probes $60bn losses arising from PSCs signed in 1993

The Senate has begun investigation into the alleged loss of about $60bn to the non-enforcement of the terms of Production Sharing Contracts (PSCs) signed...

308 deaths haunt Nigeria’s oil and gas sector

Over 308 people, mostly Nigerians, have died from accidents while working in the Nigerian oil and gas industry in the last seven years, a...

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