Oil & Gas
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NSCDC busts NNPC pipeline vandalism in Lagos, impounds 30,000-litre tanker
Persecondnews reports that the operatives who were on patrol at the lyana-Odo in Alimosho Local Government Area about 3.35 a.m. on Saturday busted the pipeline vandals in the creeks.
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No plan to increase petrol pump price in June – FG
“Once again, it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.
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NOGOF2021: Beyond $5bn NLNG projects, NCDMB to unveil 22 operators with multi-billion dollar opportunities”
Says 50 per cent of the foreign investment is retained in the economy line with the country’s local content policy
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Port Harcourt Refinery rehabilitation: Niger Delta leaders excited, lauds Buhari
“We are so excited about the plans of the Federal Government to fix the old refinery so that local refining can resume as soon as possible.
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Port Harcourt Refinery rehabilitation commences, to generate 3,000 jobs
…we cannot afford to fail, says NNPC
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Restoration of Addax Oil licence: Again, Sen. Magnus Abe under fire
…attack on President Buhari unwarranted, height of crudity, insubordination, APC chieftain, Eze, says
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Addax oil lease revocation: How Buhari burst in on Senator Magnus Abe and others’ deal, restores Nigeria’s integrity
The Nigerian government would not have had a leg to stand on if the revocation had held sway with respect to the adherence to the rule of law and by poor disposition towards contractual matters which the Buhari administration has been making an effort to correct.
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NNPC Chief Finance Officer disowns cloned telephone number by fraudsters, says not soliciting funds
The scammers are now sending out a Sterling Bank’s account number to members of the public soliciting funds.
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Oil mining lease: NNPC, SEEPCO sign gas development agreement, unlock 1.2 trillion cubic feet of gas
The NNPC boss said the development of OML 143 would bring value for the Federal Government, NNPC and SEEPCO Group which would in turn boost the nation’s economy.
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NNPC pushes out 1,661 petrol-laden trucks daily to tackle queues in Abuja, others
…”a 24-hour situation monitoring committee has been set up to track the movements of trucks from the depots to the various filling stations across the country, assuring that the queues will thin out in the next few days.” – PPMC Chairman
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