• Why NNPC is not pumping petroleum products through System 2B Network – NUPENG shares reasons

    Why NNPC is not pumping petroleum products through System 2B Network – NUPENG shares reasons

    According to reports, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday gave reasons for non-pumping of petroleum products through System 2B Pipelines Network by the Nigerian National Petroleum Corporation (NNPC).

    The South-West Chairman of NUPENG, Alhaji Tokunbo Korodo, told the News Agency of Nigeria (NAN) in Lagos that NNPC was recording a huge financial loss when pumping fuel through the network due to the activities of vandals.

    NAN reports that System 2B Pipelines Network is the pumping of […]

  • Petroleum marketers, tanker drivers suspend strike in Anambra

    Petroleum marketers, tanker drivers suspend strike in Anambra

    Economic activities came back to life in Anambra State on Saturday following the suspension of the strike by petroleum marketers and the Petroleum Tanker Drivers Association in the state.

    The Chairman of the Petroleum Dealers Association in Anambra, Osita Ofodile, told newsmen in Onitsha on Saturday that the suspension followed a meeting which resolved the dispute.

    The drivers’ group started the strike on September 26 and was joined by the dealers on September 29, resulting to the hike in fuel price in […]

  • NNPC rehabilitates 87.70m litres petroleum storage tanks

    NNPC rehabilitates 87.70m litres petroleum storage tanks

    Plans of improved supply of petroleum products received a boost yesterday as the Petroleum Corporation (NNPC) has re-commissioned four petroleum products tanks with 87.70 million litres capacity recently rehabilitated at the Mosimi depot in Ogun State.

    It was constructed in 1978 for the storage and distribution of petroleum products to the western part of the country.

    The Group Managing Director of NNPC, Dr. Maikanti Baru, while re-commissioning the facilities said the tanks had significantly enhanced strategic storage capacity of Premium Motor Spirit […]

  • I had no oil well as petroleum minister – Maitama Sule

    I had no oil well as petroleum minister – Maitama Sule

    According to reports, the first minister of Petroleum Resources in the first republic, elder statesman and permanent representative in the United Nation, Alhaji Yusuf Maitama Sule, has said that he had no oil well even as the first minister of Petroleum Resources for seven years.

    “I did not allocate myself a single oil well, not even a drum of kerosene,” Maitama Sule said.

    The elder statesman stated that Nigeria was a decent country back then with its leaders ready to serve not […]

  • Kachikwu, Baru deny reports of possible hike in petroleum products prices

    Kachikwu, Baru deny reports of possible hike in petroleum products prices

    The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, on Monday refuted media reports of possible increase in the prices of petroleum products in the country.

    Supported by and the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Alhaji Maikanti Baru, after a closed-door with President Muhammadu Buhari in Abuja, Kachikwu described the reports as untrue.

    Pressed on the issue by State House correspondents, he asked, “have you seen any memo to that effect?’’

    On his part, Baru said that NNPC […]

  • Lagos issues new directive to petroleum marketers over underground pollution

    Lagos issues new directive to petroleum marketers over underground pollution

    Concerned by the discovery of pollutants in the underground sources of water within the metropolis, the Lagos State government has mandated the Independent Petroleum Marketers Association (IPMAN) to always monitor wells in their facilities.

    The directive was issued to the body, after a meeting with the general manager of the State’s Environmental Protection Agency (LASEPA) Adebola Shabi, and senior officials of the agency at its premises.

    Shabi, an engineer, said that investigation on the quality of underground water from all the 20 […]

  • Stop illegal scooping of petroleum product from accident tankers – LASEMA warns Nigerians

    Stop illegal scooping of petroleum product from accident tankers – LASEMA warns Nigerians

    According to reports, the General Manager, Lagos State Emergency Management Agency (LASEMA), Mr Michael Akindele, on Friday warned Nigerians to desist from illegal scooping of petroleum product from tankers involved in road accident.

    Akindele, who gave the warning in a signed statement made available to the News Agency of Nigeria (NAN) in Lagos, said that such act could lead to fire outbreak and loss of lives.

    He gave the warning against the backdrop of an accident involving a tanker with registration number […]