Archives for ENERGY - Page 19
FG loses 13.21m-barrels oil worth N603.64bn in 2022
Drums of oil Nigeria lost about million barrels of crude oil with an estimated worth of between January and August this year, an analysis of the monthly reports of the…
Fuel Scarcity Hits Abuja As Marketers Shut Stations
Fuel Many filling stations were shut on Tuesday leading to lengthy queues by motorists for Premium Motor Spirit, popularly called petrol, at the few outlets that dispensed the commodity in Abuja…
NNPC Defends 68m-Litre Daily Consumption, Backs Forensic Audit
GCEO NNPC , Mele Kyari The Nigerian National Petroleum Company Limited on Sunday insisted that daily supply of Premium Motor Spirit, popularly called petrol, across the country was 68…
NNPCL’s Total Outstanding Petrol Subsidy Debt Hits N1.04trn, N448.7bn Deducted in July
GCEO NNPC , Mele Kyari With total spending on the controversial petrol subsidy now exceeding oil revenue, the Nigerian National Petroleum Company (NNPCL) outstanding debt on what it…
FG Lacks Capacity To Sustain N6trn Fuel Subsidy — Oil Marketers
Fuel By Ngozi Onyeakusi--- The Major Oil Marketers Association of Nigeria, MOMAN, has said that the Federal Government lacks the capacity to spend N6 trillion this year as subsidy on…
NLNG Ltd Receives Road Infrastructure Tax Credit Certificate For Bonny – Bodo Road from FIRS
Executive Chairman, FIRS, Muhammad Nami with Deputy Managing Director, NLNG, Mr. Olalekan Ogunleye showing Tax Credit Certificate handed to NLNG for the construction of the Bonny - Bodo Road and…
FG to end petrol subsidy in June 2023
The House of Representatives’ Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, grilled the Minister of Finance, Budget and National Planning,…
SEPLAT JV empowers additional 300 teachers
L-R: Grace Amadi, General Manager Sustainability, Seplat Energy; Clementina Ojuma, Director of Schools Department, Delta State Ministry of Education; Joan Osa Oviawe, Edo State Commissioner for Education; Joseph Ofili, Business…
Cooking gas price jumps 105% in 12 months
Gas cylinder The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months, findings by…
NNPC Introduces Anti Crude Theft Applications
NNPC logo By Ngozi Onyeakusi---In a bid to curb oil theft and pipeline vandalism, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has at last launched anti ‘Crude Theft Monitoring…