Norway to promote local content in Nigeria’s maritime, oil sector

Norway has entered into a strategic partnership with PEM Offshore to promote local content in the Nigerian maritime and oil and gas sector. Speaking during...

Independent inspectors save Nigeria N409bn – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) has stated that the engagement of independent inspectors by the agency to verify the volume of imported...

Ibaka deep seaport: A project far from reality

Few months ago, the Managing Director of the Nigerian Ports Authority (NPA), Mr. Omar Suleiman, and the Governor of Akwa Ibom State, Chief Godswill...

PPPRA officials in N3.5bn fraud

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has summoned top management officials of the Petroleum and Products Pricing Regulatory Agency (PPPRA)...

BRACED states plan Niger Delta energy corridor

The six South-South states, Bayelsa, Rivers, Akwa Ibom, Cross River, Edo and Delta, which goes by the acronym BRACED states, are seriously planning a...

Excessive charges, cumbersome processes, fuel cargo diversion at ports

When the Federal Government embarked upon the port reform programme, one of the core objectives was to make Nigeria a hub seaport for countries...

Marketers call for urgent reactivation of Enugu fuel depot

The Anambra State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has renewed its call for reactivation of the Nigerian National Petroleum...

Nigeria consumes 39.66m litres of petrol daily

The Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke, has said the country consumes 39.66 million litres of Petroleum Motor Spirit (PMS) daily. She said the...

Govt warns shipping firms against payment of ransom to pirates

The Federal Government has advised cargo ships, especially those servicing multi-national oil firms, to desist from making provision for ransom when sailing through the...

Techno Oil deploys automated pumping in mega stations

Techno Oil Limited has deployed automated pumping facilities in its 20 brand new mega stations strategically located in Lagos, Ibadan, Enugu, Onitsha and other...

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