PENGASSAN

TAYO ELEGBEDE The National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have ordered their members in Chevron to shut down operations of the oil…

The Federal Government plans to inject about N2.7 trillion into the economy in order to cushion the inflationary effect of the fuel pump price hike. The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari,…

TAYO ELEGBEDE President Muhammadu Buhari has listed rehabilitation of the nation's four refineries as a top priority of his Administration. He made this disclosure at the sixth Triennial National Delegates Conference of Petroleum…

The first phase of the rehabilitation of the Port Harcourt Refinery has been completed, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said. Mr Kyari said at the Town Hall meeting of…

OVH Energy Marketing Ltd. has retrenched about 100 of its workforce in order to overcome the problem of salaries payment due to the ongoing challenges in the downstream oil sector. A top official of the company, who pleaded anonymity,…

Representatives of the Nigeria National Petroleum Company and leadership of the Nigeria Union of Petroleum and Natural Gas Workers are presently meeting in Abuja to avert industrial action as a result of the seven-day ultimatum issued to…

Francis Johnson, president of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), is dead. A source disclosed this to thecable but did not go into details. The source said Johnson died in the early hours of the…

DEJI ALABI The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have expressed satisfaction with the flag-off and official commencement of crude…

Adeyemi Adetunji, managing director, Nigerian National Petroleum Corporation (NNPC) Retail said the company made N1.8 billion profit after tax in 2017. Mr Adetunji disclosed this in Abuja at the 1st Triennial Delegate Conference of the…

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has charged the Corporation Downstream company, NNPC Retail, to increase its current 14 per cent market share to 30 per cent by 2020. Speaking…