Ex-president Obasanjo lauds NNPC for ensuring Nigeria’s energy security

Former President, Chief Olusegun Obasanjo, has commended the Management of the Nigerian National Petroleum Corporation (NNPC) for ensuring an uninterrupted supply of petroleum products...

Matrix Energy set to inaugurate LPG plant in Delta state

An indigenous oil and gas company, Matrix Energy Limited, has concluded plans to inaugurate the first Liquefied Petroleum Gas plant with a capacity of...

NNPC counters IPMAN’s threat with 25 vessels laden with petrol

The Nigerian National Petroleum Corporation (NNPC) Thursday said it is expecting 25 vessels filled with petrol to berth in Nigeria’s waters between now and...

IPMAN threatens to shut petrol stations in Lagos, Ogun

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos State chapter has threatened to shut its members’ filling stations across Lagos and Ogun States...

Nigeria’s continued importation of dirty fuel raises health risks, costs

Millions of Nigerians risk health and economic consequences following the Federal Government’s failure to meet the deadline on importation of high sulphur (dirty) fuels,...

NNPC targets 15% share of downstream market as it builds 3 new stations

The Managing Director of NNPC Retail Limited, Mr Yemi Adetunji, on Tuesday disclosed that the downstream retail subsidiary of the corporation has set its...

LPG storage increases by 80% in 4 years – DPR

The Department of Petroleum Resources (DPR), has disclosed that the storage capacity of Liquefied Petroleum Gas (LPG) or cooking gas has increased by 80%...

DPR flays fuel tankers occupation of roads, depot operators’ disregard for regulations

The Department of Petroleum Resources (DPR) has disassociated itself from the continued illegal occupation of roads by tanker drivers in Apapa and its environs,...

HOSCON seeks quick release of licences for 10 modular refineries

Host Communities of Nigeria Producing Oil and Gas (HOSCON), has called on the Federal Government to prevail on the Department of Petroleum Resources (DPR),...

Nigeria’s refineries irreparable despite govt’s heavy spending – Oil marketers

Oil marketers on Thursday declared that the country’s refineries would not work as expected despite the billions of dollars being spent by the Federal...

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