Operators now leveraging cost-effective, sustainable oil production approach
James Shindi is the Chief Executive of Brevity Anderson, organisers of the annual Nigeria Petroleum International Summit (NIPS). In an interview with the Head of Energy & Solid Minerals Desk, STANLEY OPARA, he speaks on the fate of the oil/gas industry in the current election year, the PIGB and NIPS. Excerpts; Giving the fact that…
Nigeria’s poor economy and the blame game
A declaration the other day by President Muhammadu Buhari, after a meeting with the 36 state governors that the Nigerian economy is in a bad shape, though worrisome did not come to many as a surprise. This newspaper did call attention recently to the deteriorating state of the economy in a number of editorials including…
PPPRA rules out hike in petrol price, begs marketers
The Petroleum Products Pricing Regulatory Agency (PPPRA) has ruled out plans to increase the pump price of Premium Motor Spirit (PMS) also known as petrol.
Forex irregularities scare marketers off kerosene importation
Oil marketers in Nigeria are still reluctant to resume the importation of Dual Purpose Kerosene (DPK), after abandoning the venture for over two years on the grounds of unprofitability.
On the Petroleum Industry Governance Bill
The passage the other day of the long awaited Petroleum Industry Governance Bill (PIGB) by the House of Representatives brings to an end years of delays and needless horse-trading...
PPPRA blacklists station, dispenses free fuel in Lagos
In a bid to check the unwholesome activities of some filling stations across the country hoarding and selling fuel above the pump price of N145 per litre, the monitoring team of Petroleum Products Pricing Regulatory Agency......
PPPRA, DPR step up inspection of petrol stations
As part of measures to ensure fuel queues disappear, monitoring teams of the Petroleum Product Pricing Regulatory Agency (PPPRA) and the Department of Petroleum Resources (DPR), yesterday, visited some filling stations to ensure compliance with government’s directives on the sale of petrol.
PPPRA begins monitoring of petrol marketers
Any petroleum marketer that indulges in product diversion, under-dispensing or any other sharp practice will have the licence revoked, the Petroleum Products Pricing Regulatory Agency (PPPRA) has warned.
Government issues conflicting reasons for fuel shortage
Nigerians wishing a quick end to the scarcity of fuel across the country may have more days to wait going by the explanation offered by Minister of State...