4 h. ago Nigeria to become full petroleum exporting country in two years – PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has projected that Nigeria will become a full petroleum exporting read more Nigeria to become full petroleum exporting country in two years – PETROAN

Politics

26 h. ago Marketer defend N899 pump price, says cost reflects market realities

Fuel distribution company, SGR, has responded to criticism from the Independent Petroleum Marketers Association of Nigeria (IPMAN) over its N899 read more Marketer defend N899 pump price, says cost reflects market realities

Economics

57 h. ago Full implementation of PIA is essential for more competitive, investor

Amina Danmadami, a chemical engineer at Nigeria Midstream Downstream Petroleum Regulatory Authority is the Council Chair, Society of Petroleum Engineers read more Full implementation of PIA is essential for more competitive, investor-friendly environment – Danmadami

Politics

61 h. ago Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs

From Okwe Obi, Abuja   The Situation Room on Transparency and Accountability, has urged President Bola Tinubu, to probe the US$1.5 billion budgeted for repair of the Port Harcourt refinery. Convener of the group, Michael Omoba, in a statement yesterday, also demanded forensic audit of the financial transactions of the Nigeria National Petroleum Corporation Limited […] The post Group to Tinubu: Probe $1.5bn earmarked for Port Harcourt refinery repairs appeared first on The Sun Nigeria.

Politics

7 d. ago IPMAN warns against losses as SGR sells petrol at N899/litre

As the Federal Government ordered the return of the naira-for-crude policy, the Independent Petroleum Marketers Association of Nigeria has warned marketers and importers against the losses that may follow any sudden price cut. This is even as an independent marketer, SGR dropped the price of premium motor spirit to N899 per litre across its filling Read More

Events

7 d. ago PENGASSAN shuts firm’s operations over suspension of executives

From Tony John,  Port Harcourt The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to embark on a total withdrawal of services at all operational locations of Newcross Exploration and Production Limited, following what the union described as “arbitrary queries and suspension letters” issued to its branch executives. Newcross […] The post PENGASSAN shuts firm’s operations over suspension of executives appeared first on The Sun Nigeria.

Politics

7 d. ago PENGASSAN shuts down Newcross operations over suspension of union executives

…Alleges casualisation, intimidation, breakdown of CBA negotiations From Tony John, Port Harcourt   The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has directed its members to embark on a total withdrawal of services at all operational locations of Newcross Exploration and Production Limited, following what the union described as “arbitrary queries and […] The post PENGASSAN shuts down Newcross operations over suspension of union executives appeared first on The Sun Nigeria.

Politics

1 week ago Balancing Revenue Generation Amid National Security Challenges

In the last few years, Nigeria’s economy has diversified its revenue streams. The country has stopped its over-reliance on oil to other streams such as export and revenue from cargo imported into the country. The revenue generated from these multiple streams is spent on developmental projects such as bridges, railways, superhighways, airports, and seaports, among […]

Politics

1 week ago US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal

By Chukwuma Umeorah Nigeria’s target of growing its economy to $1 trillion within the next few years is facing significant skepticism from economic experts, who warn that deep-seated structural challenges, now compounded by a new 14 per cent U.S. tariff on Nigerian exports threaten the country’s growth trajectory and trade viability. Group Chief Economist and […] The post US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal appeared first on The Sun Nigeria.

Politics

1 week ago NUPENG, PENGASSAN Fault NNPLC’s External Recruitment Process

Organised labour in the oil and gas sector, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have criticised the Nigerian National Petroleum Corporation Limited’s (NNPCL) plans to fill top management positions with externally recruited people. The two unions have expressed their […]

Politics

2 w. ago NNPC foundation offers 1,000 Bayelsans free cataract surgery

The Nigeria National Petroleum Company Foundation has embarked on a free cataract screening and surgery programme to restore sight to over 1,000 persons in Bayelsa State. It took place on Monday at the Federal Medical Centre, Yenagoa, and the Niger Delta University Teaching Hospital, Okolobiri, in Yenagoa Local Government Area of Bayelsa State. Managing Director Read More

Politics

2 w. ago PETROAN tasks NNPC on activation of Petroleum Products Passport for security

The Petroleum Products Retail Outlets Owners Association of Nigeria has urged the new Nigerian National Petroleum Company Limited management to activate the “Petroleum Products Passport” to secure petroleum products. National President of PETROAN, Dr Billy Gillis-Harry, made the call on Sunday in an interview with the News Agency of Nigeria, Abuja, while reacting to the Read More

Politics

2 w. ago Local refineries importing substandard crude, PETROAN alleges

The Petroleum Products Retail Outlet Owners Association of Nigeria says some local refineries are importing substandard crude into Nigeria to cut costs. Speaking with our correspondent on Thursday, PETROAN National Publicity Secretary Joseph Obele said the refineries have been importing crude oil with high sulphur content into Nigeria. Asked to mention some of the refineries, Read More

Politics

2 w. ago Lokpobiri vows strong support for indigenous players in oil and gas

By Seyi Babalola During a facility tour of Caverton’s Maintenance, Repair, and Overhaul (MRO) and Training Centre at Murtala Muhammed International Airport, Lagos, Nigeria’s Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, emphasized the critical role of strong support services in the oil and gas sector, particularly as the industry navigates substantial divestment. This […] The post Lokpobiri vows strong support for indigenous players in oil and gas appeared first on The Sun Nigeria.

Politics

2 w. ago Lokpobiri hails Caverton’s aviation, pledges support for expansion

Nigeria’s minister of state for petroleum resources (oil), Heineken Lokpobiri, has lauded Caverton Helicopters for its contributions to the country’s read more Lokpobiri hails Caverton’s aviation, pledges support for expansion

Politics

2 w. ago Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex

Tribune Online Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide A former Special Adviser on Political and Mobilisation Matters to ex-Governor Olusegun Mimiko of Ondo, Akin Akinbobola, has hailed the Dangote Refinery for sustaining production and distribution of quality petroleum products in Nigeria. Akinbobola who stated this on Tuesday in Akure, Ondo state capital, noted that Dangote’s contributions to Nigeria’s economy had been monumental and […] Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide Tribune Online

Politics

3 w. ago NSCDC Confiscates 70,000 Litres Of Stolen Petroleum In Rivers

A long container truck carrying 70,000 litres of stolen petroleum products concealed in an integrated storage tank in Port Harcourt, Rivers State, has been seized by the Nigeria Security and Civil Defence Corps. In a post on X on Monday, the NSCDC stated that its Commandant General’s Special Intelligence Squad conducted the operation as part […] The post NSCDC Confiscates 70,000 Litres Of Stolen Petroleum In Rivers appeared first on Information Nigeria.

Politics

3 w. ago NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos

Tribune Online NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos The Nigerian National Petroleum Company Ltd (NNPC) and Shell Nigeria Exploration and Production Company Ltd (SNEPCo) have donated vehicles, including a specialised ambulance, in support of security and health services in Lagos State. The Lagos State Security Trust Fund (LSSTF) received two vehicles, while an intensive care unit ambulance was given to the Federal Medical Centre, Ebute Metta. NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos Tribune Online

Politics

3 w. ago Nigerian chocolate queens rewrite history from bean to bar against all odds

Nigeria has long been a giant in cocoa production, ranking among the world’s top exporters. Yet, for decades, the country read more Nigerian chocolate queens rewrite history from bean to bar against all odds

Politics

3 w. ago PETROAN lauds NNPCL for running Port Harcourt refinery 180 days non

The Petroleum Products Retail Outlets Owners Association of Nigeria has commended the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 days non-stop National Public Relations Officer, Dr Joseph Obele, who gave the commendation in a statement on Tuesday, also commended the host communities for their cooperation and support Read More

Politics