Headlines Long queues and fuel rationing hit Britain as truck driver shortage lingers. Lengthy queues of vehicles snaked their way to gas stations in Britain on Saturday where an acute shortage of truck drivers has led ... By maritimemagSeptember 27, 20210
Headlines Oil prices rise on tight supply, hit three-month high Oil prices extended gains Thursday, riding higher on growing fuel demand and crossing $76 for the first time since July this year. The rally was ... By maritimemagSeptember 25, 20210
Headlines Buhari sends PIA back to National Assembly, seeks amendment By Ayobami Adedinni President Muhammadu Buhari, on Tuesday wrote to the National Assembly seeking an amendment of the Petroleum Industry Act (PIA). ... By maritimemagSeptember 22, 20210
Headlines Britain jittery over rising cost of gas The UK government on Monday held an emergency meeting with energy and consumer groups, as the country experienced galloping gas prices that threaten ... By maritimemagSeptember 21, 20210
Headlines Buhari directs incorporation of NNPC Ltd, appoints board members President Muhammadu Buhari on Sunday directed the incorporation of the Nigerian National Petroleum Company Limited (NNPC Ltd). A statement on Sunday by the ... By maritimemagSeptember 20, 20210
Headlines Fuel scarcity looms in Rivers —- as IPMAN, Police face- off lingers The Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers State chapter, has given 48 hours ultimatum ... By maritimemagSeptember 20, 20210
Headlines NNPC shed light on 2020 audited report The Nigerian National Petroleum Corporation (NNPC) started its weekly activities by throwing more light on the controversial areas of its 2020 audited financial ... By maritimemagSeptember 20, 20210
Headlines Petrol sells N220 per litre in Nsukka as scarcity bites harder The Premium Motor Spirit, otherwise called petrol, now sells for between N200 and N220 per litre at the independent marketers’ service stations in ... By maritimemagSeptember 17, 20210
Headlines DPR chides Lagos government over sealing of eight petroleum depots —–says LASPPPA lacks such powers The Department of Petroleum Resources (DPR) on Monday reopened eight petroleum products depots shut down by the ... By maritimemagSeptember 15, 20210
Headlines Oil marketers seek for subsidy removal within six month Major Oil Marketers Association of Nigeria, (MOMAN) has called for the full deregulation of the downstream sector of the petroleum industry within six ... By maritimemagSeptember 11, 20210
Headlines NNPC records N 3.718 trillion in 2020 —–as revenue crashes from N4.634 trillion recorded in 2019. The Nigerian National Petroleum Corporation (NNPC) has published its Audited Financial Statements (AFS) ... By maritimemagSeptember 10, 20210
Headlines NNPC to sell shares to public by 2024 The Nigerian National Petroleum Corporation (NNPC) will sell its shares for the first time to the public in three years. This is meant ... By maritimemagSeptember 8, 20210
Headlines OPEC+ raises forecast for oil demands next year The Organisation of the Petroleum Exporting Countries and allies, including Russia, collectively known as OPEC+, has raised its forecast for oil demand next ... By maritimemagSeptember 6, 20210
Headlines Why we cannot stop smuggling of petrol —-NNPC tells Senate Abiola Seun The Nigerian National Petroleum Corporation (NNPC), has blamed huge price differentials for the large scale smuggling of premium motor spirit, otherwise ... By maritimemagSeptember 3, 20210
Headlines NNPC pays N756.99bn as Petrol subsidy in seven months Abiola Seun The Nigerian National Petroleum Corporation(NNPC) incurred N756.99bn petrol subsidy cost from January to July this year, the latest data obtained from ... By maritimemagSeptember 1, 20210
Headlines DPR registers 110 filling stations on e-station portal in Taraba The Department of Petroleum Resources (DPR) has registered 110 filling stations on its recently introduced e-station Downstream Remote Monitoring System (DRMS) portal in ... By maritimemagAugust 31, 20210
