The Federal Government has launched an emergency intervention to tackle rising cooking gas prices, bringing together the EFCC, DSS, Police, regulators, and industry stakeholders to curb LPG hoarding, diversion, and market manipulation. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the move aims to improve gas supply, […]
NNPC Ltd. clarifies its role in facilitating the divestment process of International Oil Companies (IOCs) during the NIES 2024 Summit in Abuja. Mr. Mele Kyari, NNPC Ltd.’s Group CEO, emphasized the company’s commitment to ensuring optimal production from divested assets for national energy security. He also highlighted NNPC Ltd.’s readiness […]
Exciting news for Nigeria’s energy sector! The Port Harcourt Refinery has officially resumed operations after a comprehensive rehabilitation, fulfilling the Federal Government’s promise to bring the refinery back online by December 2023. This marks a significant milestone in Nigeria’s quest for self-sufficiency in refined petroleum products. The refurbished facility, encompassing […]
