S’West petrol marketers shelve planned strike till after sallah

Following the intervention of the Department of  the of State Security Services, the Independent Petroleum Marketers Association of Nigeria (IPMAN) in South West has suspended the planned industrial action over incessant price increments as well as inconsistency in pricing regulations without consultation with stakeholders by the Petroleum Products Price Regulatory Agency (PPPRA).

Nigeria developing strategies to realize gas commercialization objective – NCDMB

..  as RunGas set to begin production of cylinders at Lekki Free Zone

The Nigerian Content Development and Monitoring Board (NCDMB), has disclosed that the country is developing various projects to promote commercialization and utilization of gas and the Board is supporting federal government’s vision in areas of Liquefied Natural Gas, LPG penetration by investing in RUNGAS to promote local production of gas cylinders in Polaku, Bayelsa State.

NNPC announces reshuffle of top management staff


The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda of President Muhammadu Buhari’s administration.

NNRC calls for more commercially focused NOC


The Nigeria Natural Resource Charter (NNRC) has called on the federal government to use the opportunity provided by the prevailing socio-economic situation nationally and globally to embark on complete overhaul of the country’s oil and gas sector, in particular the national oil company (NNPC) to make it both competitive and productive in line with international best practices.