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MOMAN advocates for full deregulation and implementation of PIA, 2021

The full deregulation of the petroleum downstream sector and full implementation of thePetroleum Industry Act, PIA, 2021 clearly remains the most viable long-term solution...

NNPC begins operation as Limited liability Entity come July 1

Activities of Nigerian National Petroleum Company Limited, NNPC Ltd, for the new week started with a cheering news that the company would begin operation...

Pump Price of N165 per litre unsustainable-DAPPMAN

Members of Depot and Petroleum Products Marketers’ Association of Nigeria, DAPPMAN, stated that the sale of pump price of Petrol at N165 is no...

NNPC supplies 1.523bn litres of fuel in three weeks, Abuja queues persist

Latest updates on the evacuation of Premium Motor Spirit, popularly called petrol, by the Nigerian National Petroleum Company Limited show that the oil firm...

NNPC makes N1.7tn from crude sales in 12 months

Revenue made by the NNPC Limited from crude oil sales in one year has been put at N1.7trn. The corporation’s latest monthly and financial report...

NNPC to pay N874bn in June as subsidy hits N1.82tn

Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the amount spent in subsidising...

TotalEnergies divests from NNPC, Shell Joint Venture

TotalEnergies has launched the sale of its 10 per cent stake in Nigerian joint venture Shell Petroleum Development Company, SPDC, with Canada’s Scotiabank leading the...

Oilserv targets takeover of moribund NNPC pipelines-Okwuosa

Okwuosa An indigenous Engineering Procurement and Contract, EPC, company, Oilserv Ltd., says it plans to bid for all moribund Nigerian National Petroleum Company Ltd. NNPC,...

NNPC boss explains latest fuel queues, says they will soon end

Kyari The Group Managing Director, Nigerian National Petroleum Company Limited, NNPC ltd, Mele Kyari, has assured of ending the current fuel queues in filling stations...

MOMAN advocates for a cost recovery and free market and competitive economics

The Major Oil Marketers Association of Nigeria, MOMAN, has advocated for a return to cost recovery and free market and competitive economics (including access...

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