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Law to ban petrol vehicles coming in three years – Senator Oluremi Tinubu

Senate Committee Chairman on Environment, Sen. Oluremi Tinubu, has said the committee in three years will sponsor a bill banning vehicles that run on Premium Motor Spirit (PMS).

Supreme Court dismisses Yanaty’s appeal to stop N1.8 billion subsidy fraud investigation

The Supreme Court on Friday dismissed the appeal filed by Yanaty Petrochemical Limited seeking to set aside the decision of the Court of Appeal, Abuja Division, allowing the EFCC to continue investigation and prosecution of the company over alleged N1.8 billion petroleum subsidy fraud.

NNPC adopts 24-hour depot, retail services to clear fuel queues

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.

Arewa CF urges federal govt to punish culprits of fuel scarcity

Arewa leaders have condemned the fuel scarcity experienced across the country, urging the management of NNPC to investigate the cause and punish the culprits.

20 cars burnt, one injured as fuel tanker explodes in Lagos

Three was palpable fear and pandemonium yesterday afternoon as a petrol tanker laden with 33,000 litres of Premium Motor Spirit (PMS) tumbled and exploded on FESTAC Link Bridge in Lagos.

DPR seals 10 fillings stations in Benin for over pricing

The Department of Petroleum Resources on Friday sealed no fewer than 10 filling stations in Benin, Edo State for over pricing of Premium Motor Spirit popularly called petrol.

Federal govt has no intention to increase fuel pump price – Lai Mohammed

The Minister of Information, Alhaji Lai Mohammed, on Wednesday dispelled the rumour that the pump price of Premium Motor Spirit (PMS) would be increased.

Federal govt orders minister Ibe Kachikwu to end fuel scarcity by weekend

The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being experienced across the country does not extend beyond this weekend.

Federal govt orders minister Ibe Kachikwu to end fuel scarcity before weekend

The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to ensure that the fuel scarcity currently being witnessed across the country does not extend beyond this weekend.

Ex-President Obasanjo applauds NNPC for ensuring national energy security

Former President Olusegun Obasanjo has commended the Management of the Nigerian National Petroleum Corporation (NNPC) for ensuring an uninterrupted supply of petroleum products which he noted was an integral part of energy security in the country.

We have enough petroleum products for Christmas – NNPC

The Nigerian National Petroleum Corporation (NNPC) says there will be adequate supply of petroleum products across the country to aid hitch-free vehicular movement during and beyond approaching Christmas season.

Oil marketers threaten service withdrawal in Lagos, Ogun

The Independent Petroleum Markers Association of Nigeria, Lagos State chapter, has accused the Nigerian National Petroleum Corporation of undersupplying its members with Premium Motor Spirit.

NNPC Retail market shares rises to 14 per cent

The Managing Director, Nigerian National Petroleum Retail Limited, Mr Yemi Adetunji, says the market shares of the company has grown to 14 per cent in 2016.

Average price for petroleum product increases in October – NBS

The National Bureau of Statistics (NBS) said the average price paid by consumers for Premium Motor Spirit (Petro) increased by 0.1 per cent year-on-year and 1.0 per cent month-on-month in October.

NNPC mandates PPMC to ensure uninterrupted fuel supply during festive periods

The Nigerian National Petroleum Corporation, NNPC, yesterday, directed its downstream subsidiary, the Petroleum Products Marketing Company, PPMC, to ensure steady supply of petroleum products across the country during the festive periods and well into 2018.

NNPC to create one million jobs, establish bio-fuel plant in Ondo

The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million litres bio-fuel plant in Okeluse, Ondo State.

NNPC to establish biofuel plant in Ondo

On the benefits of the project, the GMD disclosed that the construction of the plant and the production of cassava feedstock could create at least one million direct and indirect jobs.

Price for petrol drops, kerosene increases – NBS

The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said

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