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In a bid to curb the spread of the coronavirus, the Nigerian National Petroleum Corporation, NNPC has developed a contact-tracing software application that would be deployed in all locations across the country in line with corporation’s commitment to continually deploy Information and Communication Technology (ICT) for efficiency and accountability. NNPC Group General Manager, Group Public…
June 3, 2020
Ahead of the June 4 meeting of the Organization of the Petroleum Exporting Countries, OPEC+, there are indications that the alliance of oil-producing nations led by the US, Saudi Arabia and Russia is close to a deal that would extend collective production cuts through September 1 as the world emerges from an oil price crisis…
June 3, 2020
DisCos Lament, Worry Over Grid Capacity The national grid experienced another system collapse, Tuesday afternoon, causing a power outage in some parts of the country, The New Diplomat learnt. The grid managed by the Transmission Company of Nigeria (TCN) and operated from base in Osogbo, Osun state had downtime as sources at the TCN and…
June 2, 2020
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it can sell petroleum product at N123.5 per litre and not N121.5 new PPMC pump price. IPMAN who reacted to the new price modulation announced by the Petroleum Pricing Regulatory Agency, PPPRA, says the agency has advised them to either sell at the new pump…
June 2, 2020
Two Federal High Court judges sitting in Lagos appeared to have thrown spanners in the wheels of the Federal Government’s plan to revoke the licenses of 2 marginal fields–the Ororo field, known as OML 95, and the Dawes Island marginal oil field, formerly called OML 54. Justice Oluremi Oguntoyinbo of the Federal High Court in…
June 2, 2020
Following the reconstitution of the Board of the Nigerian National Petroleum Corporation, NNPC, by President Muhammadu Buhari over the weekend, Pan Niger Delta Forum, PANDEF has welcomed the development. However, the forum urges the Federal Government to review the skewed composition of the Executive management of the corporation. In a statement issued by Hon. Ken…
June 2, 2020
The petrol Pricing Regulatory Agency has reduced the price of Premium Motor Spirit to the band of N121.50 to N123.50 per litre. The PPPRA made the announcement in a circular to fuel marketers dated May 31, 2020. Read also: Man United Extend Ighalo’s Loan Deal The pump price of petrol was on March 18, 2020…
June 1, 2020
Following calls for the sacking of the Interim Management Committee(IMC) of the Niger Delta Development Commission by a coalition of stakeholders under the auspices of the Niger Delta Accountability and Development Coalition, NDADC, an advocacy group has urged restrain, saying that continuous bickering would not help the interest of the Niger Delta region. The group…
May 31, 2020
*Nigeria, Iraq Fail To Uphold Commitments To Output Cut, Says Survey By Babajide Okeowo( The New Diplomat’s Content editor) A trending survey findings based on a scientific survey conducted by Reuters have revealed that OPEC member countries only complied with agreed production cut by 74% in May. Recall that following escalating oil price crisis occasioned…
May 31, 2020
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In a bid to curb the spread of the coronavirus, the Nigerian National Petroleum Corporation, NNPC has developed a contact-tracing software application that would be deployed in all locations across the country in line with corporation’s commitment to continually deploy Information and Communication Technology (ICT) for efficiency and accountability. NNPC Group General Manager, Group Public…
June 3, 2020
Ahead of the June 4 meeting of the Organization of the Petroleum Exporting Countries, OPEC+, there are indications that the alliance of oil-producing nations led by the US, Saudi Arabia and Russia is close to a deal that would extend collective production cuts through September 1 as the world emerges from an oil price crisis…
June 3, 2020
DisCos Lament, Worry Over Grid Capacity The national grid experienced another system collapse, Tuesday afternoon, causing a power outage in some parts of the country, The New Diplomat learnt. The grid managed by the Transmission Company of Nigeria (TCN) and operated from base in Osogbo, Osun state had downtime as sources at the TCN and…
June 2, 2020
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it can sell petroleum product at N123.5 per litre and not N121.5 new PPMC pump price. IPMAN who reacted to the new price modulation announced by the Petroleum Pricing Regulatory Agency, PPPRA, says the agency has advised them to either sell at the new pump…
June 2, 2020
Two Federal High Court judges sitting in Lagos appeared to have thrown spanners in the wheels of the Federal Government’s plan to revoke the licenses of 2 marginal fields–the Ororo field, known as OML 95, and the Dawes Island marginal oil field, formerly called OML 54. Justice Oluremi Oguntoyinbo of the Federal High Court in…
June 2, 2020
Following the reconstitution of the Board of the Nigerian National Petroleum Corporation, NNPC, by President Muhammadu Buhari over the weekend, Pan Niger Delta Forum, PANDEF has welcomed the development. However, the forum urges the Federal Government to review the skewed composition of the Executive management of the corporation. In a statement issued by Hon. Ken…
June 2, 2020
The petrol Pricing Regulatory Agency has reduced the price of Premium Motor Spirit to the band of N121.50 to N123.50 per litre. The PPPRA made the announcement in a circular to fuel marketers dated May 31, 2020. Read also: Man United Extend Ighalo’s Loan Deal The pump price of petrol was on March 18, 2020…
June 1, 2020
Following calls for the sacking of the Interim Management Committee(IMC) of the Niger Delta Development Commission by a coalition of stakeholders under the auspices of the Niger Delta Accountability and Development Coalition, NDADC, an advocacy group has urged restrain, saying that continuous bickering would not help the interest of the Niger Delta region. The group…
May 31, 2020
*Nigeria, Iraq Fail To Uphold Commitments To Output Cut, Says Survey By Babajide Okeowo( The New Diplomat’s Content editor) A trending survey findings based on a scientific survey conducted by Reuters have revealed that OPEC member countries only complied with agreed production cut by 74% in May. Recall that following escalating oil price crisis occasioned…
May 31, 2020
