December 25, 2018 – Energy Worth Online

NNPC reserves three billion litres of PMS for Yuletide

Energy Worth6 years ago6 years ago03 mins

Damilola Shittu – Abuja Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Monday assured of uninterrupted supply of fuel during the Christmas and New Year celebrations and beyond, saying it has 60-day fuel in stock. He said the corporation imports about 60 million litres of fuel daily, while it…

Oil magnate Otedola to sell Forte Oil shares, exit fuel business

Energy Worth6 years ago6 years ago04 mins

The Chairman of Forte Oil Plc, Mr Femi Otedola, has announced his decision to sell all his shares in the firm’s downstream business. The Punch newspaper has reported. This is coming more than three years after the firm sold 17 per cent of its equity to a Swiss oil trading firm. Forte Oil disclosed on…