EFCC recovers N329b from 10 oil marketers

The Economic and Financial Crimes Commission (EFCC) has recovered N329.150billion from 10 marketers from 2016 to…

NNPC, PPMC earn N608bn from PMS, kerosene, diesel sale

The Nigerian National Petroleum Corporation (NNPC), and its subsidiary, the Pipeline and Products Marketing Company (PPMC),…

N17bn Fuel Theft: Sack of NNPC officials not enough – Senate

Senate yesterday commended the Nigerian National Petroleum Corporation (NNPC) for taking action against those involved in…

NNPC to recover N11bn missing petrol from Capital Oil

The Nigerian National Petroleum Corporation (NNPC) announced measures to achieve full recovery of over 130 million…

LPG market to grow by 12,000 tonnes in Q2

The Liquefied Petroleum Gas (LPG), market is expected to hit an additional storage capacity of about…

Lawmakers angry over Conoil, Oando N7.6b debt to PPMC

The House of Representatives has identified absence of defined penalties for default payment for products procured…

Reps angry over Conoil, Oando N7.6b debt to PPMC

The House of Representatives has identified absence of defined penalties for default payment for products procured…

FG ‘still owing oil marketers N300bn subsidy arrears’

The federal government is yet to pay over N300 billion subsidy claims of major oil marketers…

Nigeria gets N160.76b from refined petroleum products in one month

Pipelines and Product Marketing Company (PPMC) realised ₦N160.76 billion from the sale of refined petroleum or…

NNPC records $2.45bn crude oil export sale in one year

The Nigerian National Petroleum Corporation (NNPC) has said that $2.4 billion export sale was recorded in…

IPMAN to DPR: Sanction depot owners selling above approved petrol price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Department of Petroleum Resources…

Explosion as navy foils militants’ attempt to sabotage PPMC, Warri refinery

The Nigerian Navy said the loud explosion set off Thursday night by unknown men near the…

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