News

Downstream oil sector will witness changes in few years – DPR

Ihesiulo Grace 12 February 2020 0

Abuja – Mr Sarki Auwalu, the Director, Petroleum Resources, Department of Petroleum Resources (DPR) says the downstream oil sector will in the next few years witness changes with government’s commitment to drive business. Awalu disclosed this at the ongoing Nigeria International Petroleum

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Senate asks NNPC to refund N382.2m pipeline security fund

Ihesiulo Grace 12 November 2019 0

The Senate on Tuesday directed its Committee on Petroleum (downstream) to invite the Nigerian National Petroleum Corporation (NNPC) with a view to ensuring a review of security measures for pipelines protection in parts of the country. This was consequent upon the consideration of the report of the ad hoc committee on pipeline explosions during Senate […]

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FG’s unpaid subsidy arrears is affecting our operations – Marketers

Ihesiulo Grace 29 October 2018 0

Depot and Petroleum Products Marketers Association (DAPPMA) on Sunday said the unpaid subsidy arrears of over N650 billion by the Federal Government poses huge financial challenges to the downstream operations. DAPPMA Executive Secretary, Mr Olufemi Adewole, told newsmen in Lagos that the settlement of the debts owed them would save their assets from being taken […]

Sports

NNPC resumes loading at Mosimi deport after 12 months

Ihesiulo Grace 11 April 2017 0

Products supply and distribution have received a major boost following the resumption of loading activities by the Nigerian National Petroleum Corporation (NNPC) at its Mosimi Area depot in Ogun State, on Monday. Group Managing Director, Dr. Maikanti Kacalla Baru, who supervised the recommencement of loading operations at the area said the development marked a major […]