Will dom refining boost or burst our struggling economy?
Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…
Nigeria’s petrol price in top range among OPEC peers
FG’s import tariff sets new benchmark for Dangote, others Sopuruchi ONWUKA With the 15 percent tariff slammed on imported petrol and diesel, the domestic petroleum market may have lost price stabilizing force; allowing Dangote and other smaller local refiners to…
FG pledges rapid development, resumption of oil production in Ogoniland
Federal government weekend declared commitment to rapid development of Ogoniland as part of measures to reconcile with the communities and resume petroleum exploration and development years after Shell was forced to abandon operations in the area. President Bola Tinubu received…
Voices rise against NNPC’s plan to divest JV stakes
Sopuruchi Onwuka Muted plans by the Nigerian National Petroleum Company (NNPC) Limited to further divest government’s stakes in non operated joint oil exploration and production joint ventures is attracting counter narratives by labour unions and other stakeholders in the country’s…
NNPC appoints Andy Odeh, Morenike Adewunmi external relations chiefs
Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited has appointed two distinguished professionals to manage interface with external stakeholders, finally filling yawning gaps in its public affairs department after the departure of the erstwhile Chief Corporate Communications Officer of the…
NNPC/Sahara JV boosts LPG fleet with 40,000 CBM Vessel
Sopuruchi Onwuka WAGL Energy Limited, the special purpose entity for an NNPC Ltd. /Sahara Group Joint Venture, on Monday commissioned 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in Ulsan, South Korea. According to a…
Femi Shoneye resigns as NNPC’s communications chief
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited may have relieved its Chief Corporate Communications Officer, Mr Olufemi Shoneye, of his position as the company continues with relentless reorganization which follows reconstitution of the governing board. Mr Soneye who…
NNPC Vision First Programme: Over 1,000 Lagosians receive free eye care
Sopuruchi Onwuka Over 1000 eye patients in Ilaje and other communities in the Bariga area of Lagos State have received free treatment for different eye defects in the third edition of the Vision First Programme of the Nigerian National Petroleum…
Tinubu commends increased crude production to 1.61 mbpd
Says output surge buoyed by reforms President Bola Ahmed Tinubu on Sunday declared resurgence in the oil and gas industry activities, commending the increased crude production to 1.6 million barrels per day. The president, who said this in a national…
CSOs urge IPMAN, NUPENG, others to work with NNPCL to Normalize fuel distribution
The Coalition of Civil Society Groups for Good Governance, a key stakeholder in the Nigerian oil and gas industry has called on oil marketers, distributors to partner with the Nigerian National Petroleum Company Ltd to ensure seamless delivery of petroleum…
