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NUPENG confirms massive loading of petrol at depots 

The South-West Chairman of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Mr Tayo Aboyeji, on Monday confirmed that massive loading of petrol was ongoing at different depots in Lagos. Aboyeji made the confirmation in Lagos assuring Nigerians that...

Stakeholders urge FG to deregulate downstream to ease scarcity

Some stakeholders in the oil and gas sector have urged the Federal Government to deregulate downstream sector to save the country from frequent fuel scarcity embarrassment during the yuletide period. They gave the advised in separate interviews on Sunday in...

Fuel Scarcity: Increase petrol supply to depots, Korodo urges NNPC

Immediate past Chairman, Nigeria Union of Petroleum and Natural Gas Workers (NUPENG),  Alhaji Tokunbo Korodo, has urged the NNPC to increase the supply of petrol to depots to cushion the effect of fuel scarcity Nigerians are going through presently. Korodo, who made the call in Lagos,...

NNPC to flood market with petroleum products  

The Nigerian National Petroleum Corporation (NNPC) said it is intensifying efforts to flood the market with petrol and other products to ease scarcity pervading the country. Many motorists and travellers had been groaning in pains in the last few days...

DPR sanctions 8 filling stations for fraudulent activities

The Department of Petroleum Resources (DPR), Kano Field Office, said it had sanctioned eight filling stations in Kano State for committing various offences. The DPR Acting Operations Controller, Mr Paul Jhezi, disclosed this to journalists after inspection of some filling...

DPR seals Oando filling station over molestation of staff

  The Department of Petroleum Resources (DPR) Lagos region on Wednesday sealed Oando filling station at Lekki that belongs to Mr Basiru Fakorede for molestation of DPR personnel. Mr Usman Ndanusa, the Deputy Director and Head of Downstream Division of DPR...

NURTW calls for mobile courts to prosecute black marketers

The National Union of Road Transport Worker (NURTW), Abdulsalam Motor Parks, Minna, Niger State, has advocated the setting up of mobile courts to prosecute “black marketers’’ to serve as deterrent to hoarders. The union’s Vice Chairman, Alhaji Abdullahi Na’ura, made...

Abakaliki residents decry unofficial hike in price of PMS

Residents of Abakaliki, the Ebonyi State capital on Tuesday decried unofficial hike in the price of  premium motor spirit (PMS), which now sells between N165 and N180 per litre at filling stations. The residents appealed to relevant authorities to compel...

DPR seals 12 fuel stations in Borno

The Department of Petroleum Resources (DPR) on Monday said it sealed 12 erring fuel dispensing stations in Borno State for various offences. Its North-East Coordinator, Alhaji Idris Zoaka, made the disclosure in Maiduguri. Zoaka said the stations were found to be...

NNPC finds 144 tankers with hoarded fuel 

The security agencies and the monitoring team of the Nigerian National Petroleum Corporation (NNPC) set up to rapidly end fuel scarcity has discovered 144 trucks laden with hoarded petroleum products in Kano State. The products were meant to feed Kano...

30 ships laden with petroleum products, food items to arrive Lagos ports

 Thirty ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos from December 13 to December 30. The Nigerian Ports Authority (NPA) stated this in its publication, `Shipping Position’,...

NUPENG assures of regular supply of petrol during Yuletide

 The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Wednesday assured motorists of regular supply of petroleum products to filling stations during the Yuletide and beyond. Mr Tayo Aboyeji, the new Chairman of South-West Chapel of NUPENG, gave...

Reps summon oil firms, others over missing petroleum products

The House of Representatives Ad hoc Committee on the Review of Pump Price of Petroleum Products has summoned the managing directors and chief executive officers of Carter Petroleum Limited and Energy Network IBG Limited. They are to appear at its...

Total says $16b Eginafield comes on stream Q4, 2018

Oil major and operator of the Egina field, Total Upstream Nigeria Limited (TUPNI), has given the assurance that the field will commence production by the fourth quarter of 2018. The field was discovered in 2003 within the Oil Mining Licence...

NNPC warns filling stations that under-dispense petrol

 Mr Yemi Adetunji, Managing Director, Nigerian National Petroleum Corporation (NNPC), Retail, on Tuesday warned filling stations under-dispensing petroleum products to desist, saying the corporation had zero-tolerance for such irregularity. Adetunji gave the warning at a news briefing in Abuja on...

Oando gets court order to stop share suspension, forensic audit

The management of Oando plc has obtained a court order to halt the suspension of trading in its shares and a forensic audit planned by the Securities and Exchange Commission (SEC), Reuters reported yesterday. Reuters stated it sighted court documents...

MDs of 2 firms arraigned for alleged forgery of NNPC documents

Managing Directors, Epebinu Omoniyi and Adekanbi Adedayo, were on Monday arraigned at an Ikeja High Court for alleged forgery of Nigerian National Petroleum Corporation (NNPC) documents. Omoniyi of Pure Pack Oil Nigeria Limited and Adedayo of First Hallmark Energy Limited...

Africa’s Petroleum, Mining Industries Tasked With Job Creation

Delegates at the at UNCTAD’s 17th African OILGASMINE Conference and Exhibition that held in Khartoum, Sudan, challenged the role of extractive industries in job creation, both within the sector and in the broader economy. In addition, conference participants from all...

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Obasanjo successfully completes PhD programme at NOUN

Former President, Chief Olusegun Obasanjo, is among 14,771 persons expected to receive honours at the 7th convocation of the National Open University of Nigeria...