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Dr. Maikanta Baru

Nigeria imported 5.56bn litres of petroleum products in Q3

Nigeria’s importation of refined petroleum products rose by  five percent  to 5.56 billion litres in the third quarter of 2018 from 5.3 billion litres recorded in...

Kachikwu

FEC approves N17bn for technology to track petroleum products

The Federal Executive Council (FEC) has approved the installation of technology monitoring schemes and structures under the Petroleum Equalisation Fund (PEF) for N17...

Turkey and sudan

Sudan signs $2bn loan with Turkish firm to import petroleum products

Sudan’s central bank has signed a $2 billion loan deal with a Turkish company to import petroleum products and wheat. The deal also include includes the provision of...

Petrol still retails at N145 per litre, says PPPRA

NNPC goes tough on filling stations under-dispensing petroleum products

  The Managing Director, Nigerian National Petroleum Corporation (NNPC), Retail, Yemi Adetunji, on Tuesday warned filling stations under-dispensing petroleum...

Navy destroys 87,000MT of illegally refined petroleum products in 5 months

The Flag Officer Commanding (FOC), Central Naval Command (CNC) of the Nigerian Navy, Rear Admiral Abubakar Alhassan, has said command destroyed 87,000 metric tons of...

Muhammadu-Buhari-Departs-US

Buhari off to Turkey today, signs petroleum varsity bill 

By Patience Danjuma  President Muhammadu Buhari will today depart for Istanbul, Turkey to attend the ninth summit of the Developing 8 (D-8). Femi Adesina, the...

Magu_EFCC

EFCC to auction ship, petroleum products

By Patince Danjuma  The Economic and Financial Crimes Commission (EFCC) says it will auction petroleum products and vessels seized from suspected oil bunkers...

Minister of State for Petroleum, Dr Ibe Kachikwu

BREAKING NEWS: Petroleum Minister Ibe Kachikwu explodes; says NNPC GMD Baru is corrupt

See below an explosive letter by the Minister of State for Petroleum, Ibe Kachikwu, against the Group Managing Director of the Nigerian National Petroleum Corporation...

Trucks-on-Apapa-Road

Influx of petroleum tankers responsible for Apapa gridlock, says FRSC

The Federal Road Safety Corps (FRSC) has said that the perennial gridlock in Apapa area, which had spread to other parts of Lagos would soon be a thing of the past. FRSC...

Kachikwu

The journey to self sufficiency in petroleum refining

By Lakinbofa Goodluck The history of crude oil refining in Nigeria can be traced to 1965 when Shell built the 38,000 barrels per day (bpd) refinery. Later, the...

Emmanuel Ibe Kachikwu

The journey to self sufficiency in petroleum refining

By Lakinbofa Goodluck The history of crude oil refining in Nigeria can be traced to 1965 when Shell built the 38,000 barrels per day (bpd) refinery. Later, the...

Buhari

Buhari needs to urgently sign petroleum varsity law, says IYC 

By Jite Eriabie  The Ijaw Youth Council (IYC) worldwide has appealed to President Muhammadu Buhari to swiftly assent to the Federal University of Petroleum Resources,...