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 Summit in Abuja, on Wednesday. He spoke as the guest speaker during the […]
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 […]
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 […]
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 […]