Oil Marketers seek CBN’s loan to cushion effects of subsidy removal
Oil marketers have written to the Federal Government over their proposal to build about 30,000 gas stations to cushion the...
Natural Resources
Investment in gas to boost diversification priority of NIPCO
The Nigerian Independent Petroleum Company (NIPCO) has intensified investment in gas infrastructure to aid diversification and Nigeria’s energy transition. Mr...
Gas utilisation to diversify Nigeria’s energy mix
The Federal Government of Nigeria has said that the utilisation of gas can help to diversify country’s energy mix and...
World Bank gives Nigeria $800m to cushion impact of oil subsidy removal
The Federal Government has secured the sum of $800 million from the World Bank under the National Social Investment Programme...
Jesse group gives NNPCL, PPMC ultimatum on abandoned hospital project
The Jesse Height Development Association (JHDA) has given the Nigerian National Petroleum Company Limited (NNPCL) and the Pipelines and Product...
Buhari approves amendment to 2022/2023 deep offshore oil block bid round
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised...
11 Plc outlines progress on business investment, long-term growth strategy
Mr Tunji Oyebanji, the Chief Executive Officer of 11 Plc, says the company is poised to make progress on its...
Sylva resigns as minister of petroleum
The Minister of State for Petroleum Resources, Chief Timipre Sylva has resigned from office. The minister has submitted his resignation...
FG assures collaboration with OTL Africa to sanitise, drive oil sector
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has agreed to partner with Oil Trading and Logistics (OTL) Africa...
NMDPRA to resume safety audit of petrol outlets, tankers operations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will recommence technical safety audit of petrol retail outlets,...
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