The Nigerian National Petroleum Corporation (NNPC) has assured petroleum products consumers across the country not to engage in panic buying as it holds 2.6billion litres of Premium Motor Spirit otherwise called petrol and 90,000 metric tonnes of Dual Purpose Kerosene (Kerosene), saying the holding is expected to last 52 days, assuming no single drop of products is imported from now.
Group Managing Director of the Corporation, Dr. Maikanti Baru .
The Nigerian National Petroleum Corporation (NNPC) has insisted that there was no plan to carry out mass retirement of staff.
Walter Perez,Managing Director of WAPCo .
Concerned about losing its market in the West Africa sub-region over its high gas tariff regime the West African Gas Pipeline Company Limited (WAPCo) and the West African Gas Pipeline Authority (WAGPA), have commenced discussions to amend its tariff structure to stay competitive in the market.
Minister of State for Petroleum Resources, Dr Ibe Kachikwu.
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru led other industry leaders to commend the Nigerian Content Development and Monitoring Board (NCDMB) for the numerous achievements recorded in the implementation of Nigerian Content in the oil and gas industry.
Oil giant Chevron Corp has set aside $20 billion to escalate oil and natural gas projects in 2019.Its 2019 capital spending budget is at the high end of an $18 billion to $20 billion per-year range that Chevron executives set earlier this year as the annual target through 2020. The company said it expects to spend $19.8 billion this year.
NERC Chairman James Momoh .
The Nigerian Electricity Regulatory Commission (NERC) has reprimanded the Electricity Distribution Company ( DISCOs) over its lukewarm attitude towards providing meters to customers.
Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Mr Olufemi Adewole.
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMA) on Saturday in Lagos refuted reaching an agreement with the Federal Ministry of Finance on the payment of the N800 billion subsidy arrears.
Oil marketers on Saturday said they were yet to reach any agreement with Federal Government on the N800 billion subsidy arrears, saying their ultimatum to cease depots operations on Monday remained unchanged.
The Managing Director of TUPNI, Mr. Nicolas Terraz.
Total Upstream Nig. Ltd., has reiterated its total commitment towards sustainable awareness campaign on HIV/AIDS among adolescents in secondary schools across the country.
Dr Emeka Okwuosa, Managing Director Oilserv Nig Ltd .
Dr Emeka Okwuosa, Managing Director Oilserv Nig Ltd has urged Federal government to start putting measures in place to avert the projected Nigeria population explosion in 2050.