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Nigerian National Petroleum Corporation (NNPC)

NNPC: China, Sinosure to finance $2.6 billion AKK gas pipeline

The Nigerian National Petroleum Corporation (NNPC), Monday, disclosed that financing for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline would be provided by China and Sinosure.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

DPR seals petrol station over pump price violation in Yola

The Department of Petroleum Resources (DPR) has sealed a filling station in Yola for allegedly violating the Federal Government new petroleum pump price directive.

Senator: NNPC’s audit report underscores readiness for transparency

Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC) is an indication of its readiness to ensure transparency in its operations.

DPR defers implementation of oil industry training fees

The Department of Petroleum Resources (DPR) has announced the postponement of the implementation of the new registration fees for oil and gas trainings in the country till further notice.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court restrains Nigeria from revoking Ororo marginal oil field

A Federal High Court sitting in Lagos south west Nigeria has restrained the Minister of Petroleum Resources and Department of Petroleum Resources (DPR) from revoking the Ororo Marginal Field in OML 95 pending the determination of the substantive suit filed before the court.

My gas plant is no threat to lives of Nsukka residents – operator

Contrary to the reports making the rounds in Nsukka metropolis about the impending danger of sitting a gas plant at a busy part of the university community, the chairman of the Wilson Nigeria Limited, Chief William Agbo, has allayed the fears of the general public on the development.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Federal, states, local government share N606 billion for April

Details of the allocation were contained in a Secretariat report released by the Office of the Accountant-General of the Federation at the end of the online meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja.
Waziri Adio NEITI

Federal, states, local governments receive N1.95 trillion from FAAC in first quarter

Nigeria Extractive Industries Transparency Initiative (NEITI), yesterday, stated that the Federal, states and local governments received N1.95 trillion from the Federation Account Allocation Committee (FAAC) in the first quarter of 2020.
Nigeria has sued an oil exploration production company, ALLIED ENERGY PLC , owned by Texas-based billionaire Kase Luqmon Lawal to demand $35.7million debt.

Nigeria drags Kase Lawal to court over $35 million debt

Nigeria has sued an oil exploration production company, ALLIED ENERGY PLC, owned by Texas-based billionaire Kase Luqmon Lawal to demand $35.7 million debt.
A worker fills a car's tank at the CO-OP petrol station in Cairo, Egypt April 2, 2020. REUTERS-Mohamed Abd El Ghany

Centre demands framework for fuel subsidy removal

The federal government should provide a detailed framework for its decisions to end fuel subsidy in the country and the planned oil and gas licensing round, civil society groups advocating for the reform of the country’s oil and gas industry have demanded.

DPR donates protective equipment to Lagos

The Department of Petroleum Resources (DPR) has donated Personal Protective Equipments (PPE) to Lagos state government to support its efforts in the management of the Corona virus pandemic in the state.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Inferno at affiliate retail station emanates from underground tank

All stations under the brand name of NNPC Retail Limited operate under very high safety standards as endorsed by the Federal Fire Service and the Department of Petroleum Resources, NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, has stated in a release in Abuja today.

Nigeria revokes eleven oil mining licenses

The Nigerian Government has revoked Oil Mining Licences (OML) of 11 oil and gas companies operating in the Marginal Fields.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

Lockdown: DPR warns residents not to store petroleum products

The Department of Petroleum Resources (DPR), Abeokuta Field Office, has warned the public not to store petroleum products or engage in panic buying during the lockdown.
A man walks inside a new isolation and treatment centre at the Mobolaji Johnson Arena (formerly Onikan Stadium), erected as an additional measure to handle the outbreak of the coronavirus disease (COVID-19), in Lagos, Nigeria March 27, 2020. REUTERS/Temilade Adelaja

Nigeria imposes offshore oil worker restrictions in coronavirus battle

Nigeria’s petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters.

Youths close seven petrol stations in Bayelsa over petrol pump-price

The Central Zone of Ijaw Youth Council (IYC) has locked down seven petrol filling stations in Yenagoa for allegedly not adjusting to the N125 pump-price.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

DPR: Nigeria’s fuel stock to last 23 days

The Department of Petroleum Resources (DPR), the supervisory body for the country’s petroleum industry operations, has said that the country has a stock of the product to last the next 23 days.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 5

House of Reps orders probe of spills, remediation in oil-producing areas

House of Representatives yesterday ordered an immediate probe of the cleanup of spills and remediation in oil-producing areas of the country in the last five years.

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Ondo guber: No PDP aspirant will be unjustly disqualified – Rep Dogara

The Peoples Democratic Party (PDP) Screening Committee for the Ondo State governorship election has assured the party aspirants that none of them would be unjustly disqualified.
All Progressives Congress (APC) Nigeria

Ondo guber: APC generates N258 million from sales of forms

The All Progressives Congress (APC) has generated N258.7 million from the sales of expression of interest and nomination forms to aspirants ahead of July 20, governorship primaries in Ondo state.

Okada riders protest incessant extortion, arrest by police in Lagos

Hundreds of commercial motorcyclists, popularly known as ‘Okada,’ on Thursday marched through the streets of Ikorodu, Lagos State, protesting against incessant arrest, extortion and seizure of their motorcycles by the police.

Minister: How airports will operate when opened

With less than five days to commencement of domestic flights in Nigeria, preparations are in place to ensure that safety measures are adhered to during operations.
Akwa Ibom State Governor, Udom Emmanuel, says the idea of random testing for COVID-19 in the state is a waste of government resources.

Akwa Ibom lifts ban on burial, weddings from July 4

Governor Udom Emmanuel of Akwa Ibom State has lifted the ban on burials and wedding ceremonies in the state beginning from Saturday, July 4, 2020.