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Nigeria to Save ₦1trn Annually from Subsidy Removal – Sylva
Nigeria to Save ₦1trn Annually from Subsidy Removal – Sylva

         …Says subsidy Removal to Create Massive Jobs

The Minister of State for Petroleum Resources, Mr Timipre Sylva has said that the Federal Government’s decision to fully remove subsidy from petrol will earn the country ₦1trn annually and create massive jobs.

Speaking with newsmen on Thursday in…

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COVID-19: NNPC/Chevron JV Donates PCR Lab Centre to Delta State Govt.
COVID-19: NNPC/Chevron JV Donates PCR Lab Centre to Delta State Govt.

           …Also hands over Surgical Theatre/Consulting Rooms

The Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) on Tuesday donated a Polymerase Chain Reaction (PCR) laboratory facility to Warri Central Hospital to support the fight against COVID-19 pandemic in Delta State.

The Nigerian National Petroleum Corporation…

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Deregulation: PPPRA Assures Nigerians of Better Days Ahead
Deregulation: PPPRA Assures Nigerians of Better Days Ahead

The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured Nigerians that the deregulation of the downstream oil sector is in the best interest of the country.

The Executive Secretary of the Agency, Saidu Abubakar, gave the assurance on Tuesday in Abuja, while briefing newsmen on the deregulation of the downstream…

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Ashipa Electric to Provide Renewable Energy to Underserved Nigerian Communities
Ashipa Electric to Provide Renewable Energy to Underserved Nigerian Communities

US-based energy company, Ashipa Electric has announced plans to inject 5MW of power into underserved communities in Nigeria in the next 18 months.

The company has just been announced as a member of Techstar’s Alabama based EnergyTech Accelerator class of 2020. The startup works to provide sustainable, clean and affordable…

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Nigeria, Germany Enters Pact on Hydrogen Exploration Project

Nigeria and Germany have agreed to partner in the establishment of a hydrogen exploration project in West Africa.

German Federal Research Minister, Anja Karliczek and her Nigerian counterpart Yahouza Sadissoun signed the agreement on behalf of their respective countries.

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Autogas: MOMAN Seeks Special Fund for Conversion of Vehicles
Autogas: MOMAN Seeks Special Fund for Conversion of Vehicles

The Major Oil Marketers Association of Nigeria (MOMAN) on Wednesday urged the Federal Government to create a special fund to facilitate the conversion of more vehicles in the country from using petrol, otherwise known as Premium Motor Spirit (PMS), to autogas.

The Chairman of MOMAN, Mr Tunji Oyebanji, told the…

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AKK Gas Pipeline Procurement: NNPC Followed Due Process  – BPP Clarifies
AKK Gas Pipeline Procurement: NNPC Followed Due Process – BPP Clarifies

The Director-General, Bureau of Public procurement (BPP), Alhaji Maman Ahmadu has said that the Nigerian National Petroleum Corporation (NNPC) followed due process in procurement of the Ajaokuta, Kaduna, Kano (AKK) gas pipeline project contract.

Ahmadu made the clarification on Wednesday in Abuja when NNPC delegation led by the Group Managing Director, 

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Nigeria Spent N41.98bn in Six Months on Pipeline Repairs - NNPC
Nigeria Spent N41.98bn in Six Months on Pipeline Repairs - NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that it spent a total of N41.98bn on pipeline repairs and management cost in the first half of this year.

The NNPC disclosed this in its latest monthly oil report, saying, “Products theft and vandalism have continued to…

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