Oil and Gas General

PETROAN Backs House of Reps Probe on Refinery Maintenance Funds

The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has expressed full support for the decision by the House of Representatives to investigate funds allocated for the maintenance of Nigeria’s refineries. Describing the probe as long overdue, PETROAN National President, Billy Gillis-Harry, told our reporter that it is appropriate for the investigation to cover expenditures

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Oil and Gas Politics

Senate Gives NNPCL 21 Days to Explain ₦210 Trillion Financial Discrepancies

The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) a 21-day ultimatum to provide detailed explanations regarding financial discrepancies amounting to ₦210 trillion. This directive was issued on Tuesday when the Group Chief Executive Officer (GCEO) of NNPCL, Bayo Ojulari, appeared before the committee in response to an earlier

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Politics Oil and Gas

Niger Delta Group Defends Pipeline Surveillance Contract, Backs PINL and Olu of Warri

A Niger Delta group, the Buckingham Palace Group, has condemned recent calls by some ex-agitators for the termination of the pipeline surveillance contract awarded to Pipeline Infrastructure Nigeria Limited (PINL). The ex-agitators, under the banner of the Aggressive Niger Delta Freedom Fighters Forum, had accused PINL and the Olu of Warri, His Majesty Ogiame Atuwatse

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Oil and Gas General

Ogoni Youth Federation Urges Support for Resumption of Oil Exploration in Ogoniland

The Ogoni Youth Federation has called on the people of Ogoni to support efforts by the Federal Government to resume oil exploration activities in Ogoniland. President General of the group, Legborsi Yamabanna, made the appeal shortly after receiving two leadership awards from the Council of African Youths and Forward News Media. Yamabanna expressed concern over

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Oil and Gas General

Funding Challenges Stall Port Harcourt Refinery Resumption – PETROAN

The National Public Relations Officer of the Petroleum Products Retail Owners Association of Nigeria (PETROAN), Dr. Joseph Obele, has attributed the continued delay in the resumption of operations at the Port Harcourt Refinery to funding challenges. Dr. Obele revealed that due to lack of funds, several contractors have pulled out of the project site, hindering

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Oil and Gas General

Dangote Refinery Reduces Petrol Ex-Depot Price to ₦820 Per Litre

The Dangote Petroleum Refinery has again reduced the ex-depot price of Premium Motor Spirit (PMS), bringing it down from ₦840 to ₦820 per litre. Spokesman for the refinery, Tony Chiejina, confirmed the ₦20 reduction in a statement on Tuesday, July 8, 2025. The latest price cut comes just a week after the $20 billion facility

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Politics Oil and Gas

Senate Committee on Public Accounts Issues 10-Day Ultimatum to NNPCL over Financial Irregularities

The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) a strict 10-day deadline to respond to 11 critical financial queries concerning discrepancies in its audited financial statements. The committee, led by Senator Aliyu Wadada, warned that failure to comply could result in serious constitutional consequences. The committee voiced strong

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Oil and Gas General

IPMAN Chairman Urges Private Depot Owners to Innovate Amid Dangote Refinery’s Free Distribution Initiative

The Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in Rivers State, Tekena Ikpaki, has called on private depot owners to develop new business models to ensure their continued operation in the evolving petroleum landscape. Speaking in an interview with journalists, Ikpaki described Dangote Petroleum Refinery’s recent announcement to distribute petrol and diesel

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Oil and Gas General

Dangote Petroleum Refinery to Distribute Free Petrol and Diesel Nationwide Starting August 15, 2025

Dangote Petroleum Refinery has announced a major initiative to distribute free petrol and diesel to marketers, dealers, and large-scale users across Nigeria. The Lagos-based company revealed that the program will officially kick off on August 15, 2025, as part of its efforts to improve fuel availability and support the Nigerian economy. In a statement issued

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Oil and Gas General

Ogoni Community Leader Calls for Transparency on Oil Production Demands

Donald Gbereesu, President of the Ogoni Oil Bearing Communities, has called for the public disclosure of the demands made by the Ogoni people as conditions for the resumption of oil production in the region. Gbereesu urged the Ogoni Dialogue Committee to publish the report it submitted to the presidency, emphasizing that transparency is essential for

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