Oil and Gas
NNPC says Ajaokuta-Kaduna-Kano Gas Pipeline to be completed Q1 2025
The Nigerian National Petroleum Corporation (NNPC) Limited has assured that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline will be completed by the...
Cooking gas price rose to N7,418.45/5kg in May – NBS
The average price of 5kg of cooking gas increased from N6,521.58 in April 2024 to N7,418.45 in May 2024 This...
Kerosene price stood at N1,450.35 in May – NBS
Latest data from the National Bureau of Statistics (NBS) says the average retail price of a litre of kerosene increased...
Petrol price increased to N769.62 in May – NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N238.11 in...
FG offers 17 new oil blocks for bidding
The Federal Government has announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil...
Senegal now oil producing country, begins exploration
Senegal has joined the list of oil-producing countries in West Africa. The country began producing oil for the first time,...
OPEC says Nigeria’s crude oil production dropped to 1.25 million bpd in May
The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria’s average crude oil production in May fell to 1.25...
Dangote Refinery shifts petrol production date to July
Africa’s largest oil refinery, Dangote Refinery, has shifted the date for production of premium motor spirit (PMS), popularly known as...
NNPC, Golar partner to float LNG
The Nigerian National Petroleum Corporation (NNPC) Limited has signed a deal with a North American firm, Golar LNG, to float...
NNPC refutes allegations of N3.3tn subsidy inflation
The Nigerian National Petroleum Company (NNPC) Limited has refuted reports alleging that it inflated subsidy claims to the tune of...