FG Targets 5,000,000MT LPG Utilisation In 10 years   The Vice President of Nigeria, Professor Yemi Osinbajo, Friday said the administration is targeting Five Million Metric Tonnes (5,000,000 MT) of…

Expert Commends FG On Plans To Make Available 600,000 Gas Cylinders For Nigerians   An energy expert, Mr Bank-Anthony Okoroafor, has commended the Federal Government on plans to make available…

Privatise Refineries, Remove Subsidy Now-BudgiT Tells Buhari   An independent budget monitoring agency, BudgIT, has called on President Muhammadu Buhari to privatize all government-owned refineries to fully deregulate the petroleum…

Residents In Panic As Vandals Burst NNPC Pipeline In Ejigbo   But for providence, residents of Ejigbo and Idimu areas of Lagos State would have woken up to a catastrophic…

Pipeline Vandals Hurt Host Communities More Than Govt- Buhari President Muhammadu Buhari Monday in Abuja said the destruction of oil facilities by vandals was hurting the host communities, the majority…

Why Anambra, Enugu, Kogi Can’t Be Declared Oil Producing States Now- DPR   The Department of Petroleum Resources (DPR) Thursday gave an insight into why Anambra, Enugu and Kogi States…

Oil Prices Firm As Saudi Arabia Says OPEC May Extend Supply Cuts   Oil prices on Tuesday reversed earlier losses after Saudi Arabia said a deal between producers to withhold…

NNPC To Bridge Products Supply Gap – Baru   The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation plans to bridge the gap of…

NUPENG Urges Buhari To Revitalise Refineries, Build New Ones   The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called for the revitalisation of Nigeria’s ailing refineries to…

No Plans To Relocate NGMC To Abuja – NNPC   The Nigerian National Petroleum Corporation (NNPC) says it has no plans to relocate its Gas Marketing Subsidiary, Nigerian Gas Marketing…

FG Sues For Peace Ahead Of Clean-up In Ogoniland   The Federal Government has called on the people of Ogoniland to remain peaceful and avoid taking actions capable of delaying…

Despite Marginal Cut In Supply, Oil Prices Slip   Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected…