Oil & Gas

Nov
22
2023
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By Abia ThinkTank
FIRS Demands Tax Compliance By Crude Lifting Shipping Firms

FIRS Demands Tax Compliance By Crude Lifting Shipping Firms

Business, News Flash, Oil & Gas
FIRS Demands Tax Compliance By Crude Lifting Shipping Firms The Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their operations. Adedeji gave the charge in Lagos at a workshop on taxation of non-resident shipping companies organised by the FIRS in conjunction with Oil Producers Trade Section (OPTS) on Monday. He said the tax compliance exercise commenced by FIRS on the activities of foreign shipping companies lifting hydrocarbons from Nigeria was part of measures aimed at widening the tax net in order…
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Nov
17
2023
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By Abia ThinkTank
Saudi Arabia Through Its State Owned Oil Company, Aramco Will Help Nigeria Revamp Our Oil Refineries – Presidency

Saudi Arabia Through Its State Owned Oil Company, Aramco Will Help Nigeria Revamp Our Oil Refineries – Presidency

Economy, News Flash, Oil & Gas
💥BOOM After A Successful Outing In Saudi Arabia, President Tinubu Returns To Africa. President Tinubu Went To Riyadh For Serious Business. ●President Tinubu Sealed Investment Deals With The Saudis In Agriculture, Oil And Gas , Electricity, Telecommunications And Technology Sectors. ●Saudi Arabia Through Its State Owned Oil Company, Aramco Will Help Nigeria Revamp Our Oil Refineries . ●Saudi Arabia Also Pledged To Help Nigeria Strengthen The Naira And Support Food Security In Nigeria. SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc who are…
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Nov
09
2023
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By Abia ThinkTank
Good News For Nigeria As Masters Energy Oil And Gas Commences The Construction Of A $500m Gas Storage Facility

Good News For Nigeria As Masters Energy Oil And Gas Commences The Construction Of A $500m Gas Storage Facility

Economy, News Flash, Oil & Gas
💥BREAKING Good News For Nigeria As Masters Energy Oil and Gas Commences The Construction Of A $500m Gas Storage Facility This Is In Line With President Tinubu's Gas Infrastructure Development Plan. This is a good development in the oil and gas sector. There is hope for Nigeria !! Details Coming Soon SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc who are involved in the above events and others not mentioned during this Xmas period to reach out and showcase their event to the…
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Nov
07
2023
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By Abia ThinkTank
The Federal Government Will Cancel Licences Of Oil Refineries Not In Use – Minister Of Petroleum(Oil)

The Federal Government Will Cancel Licences Of Oil Refineries Not In Use – Minister Of Petroleum(Oil)

Abuja, Oil & Gas, Presidency
💥BREAKING The Federal Government To Cancel Licenses Of Oil Refineries Not In Use . ●The Minister Of Petroleum Has Liberalise Process To Acquire Licenses To Make Way For New Players In The Oil Sector Especially Those Who Want To Establish Refineries To Do That Without Frustrations . ●If You Aren't Ready To Be An Active Player Don't Acquire Licenses…Nigeria Needs Active Refineries. SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc who are involved in the above events and others not mentioned during this…
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Nov
04
2023
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By Abia ThinkTank
State Owned Refineries Given Deadline To Kick-Start Operations – Minister Of Petroleum(Oil)

State Owned Refineries Given Deadline To Kick-Start Operations – Minister Of Petroleum(Oil)

Abuja, FGN, Oil & Gas
💥BOOM State Owned Refineries And Deadline To Kick-start Operations According To The Minister Of Petroleum : ●Port-Harcourt Oil Refinery With 210,000bdp To Begin Operations By December 2023. ●Warri Refinery With 125,000bpd Expected To Begin Operation Between 1st-2nd Quarter Of 2024. ●Kaduna Refinery With 110,000bdp Expected To Begin Operation By Ending Of 2024. ●The Ajaokuta-Kaduna-Kano 614km Gas Pipeline Project Will Be Delivered By 2024 ●This Is According To The Minister Of Petroleum (Oil). MAY NIGERIA Succeed SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc…
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Oct
29
2023
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By Abia ThinkTank
Kaduna Refinery To Be Ready By The End Of 2024 – Senator Heineken Lokpobiri, Hon. Minister Of State For Petroleum Resources(Oil)

Kaduna Refinery To Be Ready By The End Of 2024 – Senator Heineken Lokpobiri, Hon. Minister Of State For Petroleum Resources(Oil)

Economy, News Flash, Northern Nigeria, Oil & Gas
KADUNA REFINERY TO BE READY BY THE END OF 2024 The Honorable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited, KRPC, will be back on stream by the end of 2024. The Minister disclosed this during an inspection tour of Kaduna Refinery & Petrochemicals while assessing the progress of work on the ongoing quick-fix project of the Refinery in Kaduna on Saturday. Lokpobiri said he is confident that the refinery will be restreamed by the end of 2024, considering the “significant level of…
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Oct
16
2023
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By Abia ThinkTank
Fuel Scarcity Hits Lagos And Environs; Scarcity Attributed To Bad Roads And High Cost Of Diesel For Distribution

Fuel Scarcity Hits Lagos And Environs; Scarcity Attributed To Bad Roads And High Cost Of Diesel For Distribution

Business, Lagos, Oil & Gas
Fuel Scarcity Hits Lagos And Environs As Most Petrol Stations Are Shut Petrol: Oil marketers shut filling stations as scarcity spreads to Lagos, environsTHERE were indications, yesterday, that petrol scarcity has returned to Lagos and its environs as many oil marketers shut their outlets against motorists and other buyers. The scarcity was noticed in Abuja and environs last week, development oil marketers had attributed to bad roads and high cost of diesel for distribution. But checks by Vanguard, over the weekend, indicated that many independent and major oil marketers were not open for business, leaving only the NNPC Limited to…
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Oct
10
2023
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By Abia ThinkTank
Just-In: NNPC Will Be The Sole Importer Of Petrol As In The Past – Mele Kyari

Just-In: NNPC Will Be The Sole Importer Of Petrol As In The Past – Mele Kyari

Abuja, Oil & Gas
JUST-IN: NNPC Will Be The Sole Importer Of Petrol As In The Past – Mele Kyari The Nigerian National Petroleum Company Limited (NNPCL) has resumed being the sole importer of petrol into the country barely five months after announcing that it would no longer do so. NNPCL Group Chief Executive Officer Mele Kyari disclosed this at the ongoing Energy Labour Summit organised by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. Kyari blamed the decision on foreign exchange issues, which have made it difficult for private companies to import petroleum products. “We are the only…
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Oct
07
2023
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By Abia ThinkTank
News Breaking: NNPCL Speaks On Plan To Increase Petrol Pump Prises

News Breaking: NNPCL Speaks On Plan To Increase Petrol Pump Prises

Oil & Gas, Human Rights, Power & Energy
NEWS BREAKING: NNPCL Speaks On Plan To Increase Petrol Pump Prices The Nigerian National Petroleum Company (NNPC) Limited has denied plans to increase its pump prices, AttNews reports. NNPC, in a statement issued Friday, said it values its customers’ patronage and does not intend to increase its Premium Motor Spirit (PMS) pump prices. “Our retail stations sell the best quality products at the most affordable prices,” the statement read. The NNPC has increased its pump prices twice since President Bola Tinubu assumed office on May 29, declaring that “fuel subsidy is gone.” The increase has led to a rise in…
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Oct
04
2023
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By Abia ThinkTank
Ibe Kachikwu, Benedict Peters Mentioned In Criminal Charges Leveled Against Diezani Alison-Madueke

Ibe Kachikwu, Benedict Peters Mentioned In Criminal Charges Leveled Against Diezani Alison-Madueke

FGN, Judiciary, Oil & Gas
Ibe Kachikwu, Benedict Peters Mentioned In Criminal Charges Leveled Against Diezani Alison-Madueke Ibe Kachikwu, a former minister of state for petroleum resources, has been mentioned in the criminal charges leveled against Diezani Alison-Madueke. In the court process seen by TheCable, Kachikwu was mentioned alongside Benedict Peters, Aiteo chief executive officer (CEO), and Haruna Momoh, a former managing director of pipelines and product marketing company (PPMC). According to the court process, Kachikwu was bribed in August 2015 “with the intention of influencing with his capacity as a foreign public official”. Other Nigerians mentioned in the court process are Olatimbo Bukola Ayinde…
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