NNPC vows to sustain petroleum products supply

The Nigerian National Petroleum Corporation (NNPC) has vowed that despite challenges in the downstream petroleum sector, it would leave no stone unturned to ensure...

DPR issues new guidelines for establishing modular refineries

The Department of Petroleum Resources (DPR) has issued new guidelines for the establishment of hydrocarbon processing plants. It also issued an addendum “supplementary guidelines...

FG could save $1.5bn annually through gas vehicle project – NIPCO Plc

The federal government would be saving about $1.5 billion annually if the Natural Gas Vehicles (NGV) project, an initiative that was first introduced by...

Cement manufacturers agree to crash price, lament energy costs

Major producers of cement in the country have assured that they are actively working to reduce the cost of the product as soon as...

NNPC GMD lists achievements after one year at the corporation

Fellow colleagues, it has been one year since my assumption of office as your Group Managing Director. I want to thank you for the...

Spokesman gives reasons why NNPC cannot reduce price of petrol

The Nigerian National Petroleum Corporation (NNPC) said that it is impossible for the corporation to bring down the price of Premium Motor Spirit (PMS)...

LPG price to crash as NLNG to spend N150m on refurbishment of jetties in...

The ex-depot price of Liquefied Petroleum Gas (LPG) popularly called cooking gas is set to crash by about 20% in the next few weeks...

OVH, Interswitch partner to improve fuel retailing in Nigeria

Following the strategic partnership earlier sealed between Interswitch and EVSL, developers of FuelVoucher in 2015, the distribution network of the electronic fuel purchasing solution...

Deadline passes as Nigeria fails to enforce ban on dirty fuel imports

The Federal Government’s ban on the importation of dirty fuels into the country failed to come into effect on July 1, 2017 as announced...

India’s Power Mech JV unit receives order from Dangote Refinery

Power Mech Projects Limited, an Indian engineering and construction company said its Nigerian JV got an order from Dangote Oil Refining Company. GTA Power Mech Nigeria,...

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