Archives for Oil and Gas - Page 34
NNPCL not owing Nigeria but Nigeria owing it N1.3trn—Kyari
NNPCL logo Nigerian National Petroleum Company Limited Chief Executive Officer ( CEO ), Mela Kyari has said that NNPC Limited is not owing Nigeria but that Nigeria is owing…
95.4m litres crude oil stolen daily, says govt
Drums of oil The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said litres or 600,000 barrels of crude oil were stolen daily. It said a barrel contains 159litres. The…
Cooking gas price rises by 101%
Gas cylinder The average price of 5kg cooking gas increased from N4, in July to N4, in August. The assertion was made by the National Bureau of Statistics…
Senate begins oil theft probe in Niger Delta
The Senate Adhoc Committee on Oil Theft said it had begun investigations into oil theft and illegal bunkering activities in the Niger Delta region. Chairman of the Committee, Bassey…
FG loses 13.21m-barrels oil worth N603.64bn in 2022
Drums of oil Nigeria lost about million barrels of crude oil with an estimated worth of between January and August this year, an analysis of the monthly reports of the…
Fuel Scarcity Hits Abuja As Marketers Shut Stations
Fuel Many filling stations were shut on Tuesday leading to lengthy queues by motorists for Premium Motor Spirit, popularly called petrol, at the few outlets that dispensed the commodity in Abuja…
NNPC Defends 68m-Litre Daily Consumption, Backs Forensic Audit
GCEO NNPC , Mele Kyari The Nigerian National Petroleum Company Limited on Sunday insisted that daily supply of Premium Motor Spirit, popularly called petrol, across the country was 68…
NNPCL’s Total Outstanding Petrol Subsidy Debt Hits N1.04trn, N448.7bn Deducted in July
GCEO NNPC , Mele Kyari With total spending on the controversial petrol subsidy now exceeding oil revenue, the Nigerian National Petroleum Company (NNPCL) outstanding debt on what it…
FG Lacks Capacity To Sustain N6trn Fuel Subsidy — Oil Marketers
Fuel By Ngozi Onyeakusi--- The Major Oil Marketers Association of Nigeria, MOMAN, has said that the Federal Government lacks the capacity to spend N6 trillion this year as subsidy on…
NLNG Ltd Receives Road Infrastructure Tax Credit Certificate For Bonny – Bodo Road from FIRS
Executive Chairman, FIRS, Muhammad Nami with Deputy Managing Director, NLNG, Mr. Olalekan Ogunleye showing Tax Credit Certificate handed to NLNG for the construction of the Bonny - Bodo Road and…
