NNPC Boosts Daily PMS Truck- out from 550 to 1,661 to Tackle Fuel Queues The Nigerian National Petroleum Corporation (NNPC) has increased the daily supply of Premium Motor Spirit (petrol) across the country from 550 trucks to 1,661 trucks to combat the build up of fuel queues in some parts of the country. A statement […]
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OPEC Daily Basket – April 19, 2021 OPEC daily basket price stood at $65.10 a barrel Monday, 19 April 2021, compared with $65.21 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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PETROL: We’ll not change price in May despite rising oil prices — NNPC The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said that there will be no increase in the ex-depot price of Petrol in May 2021 despite the rising prices of crude oil in the global market. Mallam Kyari
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By Eyo Nsima Techno Oil, an integrated, wholly indigenous company that holds a diverse portfolio of prime investments in oil and gas, energy, infrastructure, and manufacturing, has expressed its commitment to Health, Safety, and Environment. In a report obtained from its website, the company stated: “Techno Oil has an unwavering commitment to operations integrity, safety
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Banner Energy has obtained Approval to construct 13,000MT LPG coastal storage in Ikot-Abasi, Akwa-Ibom State — Mr. Nuhu Yakubu What motivated your company to invest in the LPG sector? The policy is aimed at enthroning gas as preferred energy for the domestic economy because it’s comparatively cheaper. While a litre of government subsidized
Nigeria’s Bonny Light price hits $65.01 per day — OPEC By Eyo Nsima The price of Nigeria’s Bonny Light has risen further to $65.01 per barrel, according to the Organisation of Petroleum Exporting Countries, OPEC, Monthly Oil Market Report, MOMR, April 13, 2021. Before the report, the price of the crude had hovered at $61.50 per
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We don’t know how much crude oil Nigeria produces – NEITI THE Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonna Orji has disclosed that no Nigerian knows the exact volume of crude oil produced in Nigeria. Dr. Orji explained that the absence of meters at wellheads and the lack of capacity
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NCDMB to partner Amnesty office on Capacity Development The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has pledged the readiness for the Board to partner with the Presidential Amnesty Office in the area of human capacity development for the ex-agitators. He made this known when the interim Sole Administrator of
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How Petrol price rises to N172/lit in March 2021 By OUR CORRESPONDENT The price of petrol rose by 4.0 percent to N172 in March from N166 in February, according to the National Bureau of statistics, NCS. In its latest report obtained by The Daily, https://thedaily-ng.com, NBS, stated: “Average price paid by consumers for petrol increased by
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NNPC Records 37.21% Drop in Oil Pipeline Vandalism in January …Increases Gas Supply for Power Generation The Nigerian National Petroleum Corporation (NNPC) has announced a 37.21 % decrease in cases of pipeline vandalism across the country in the month of January 2021. This is contained in the January 2021 edition of the NNPC Monthly Financial
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