Oil and Gas
Transport fares rose 77% in 15 months – Report
A geopolitical research firm, SB Morgen (SBM) Intelligence, has revealed that transport costs increased by 77 per cent between January...
Dangote Refinery to get operating license soon – FG
The Federal Government has said it will soon issue a valid operating licence to the 650,000 barrels per day capacity...
IPMAN threatens strike over non-payment of bridging claims
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum, has threatened to withdraw its services over non-payment of...
Petrol scarcity: MEMAN boosts supply with 300 million litres
The Major Energies Marketers Association of Nigeria (MEMAN) says it is expects over 300 million litres of Premium Motor Spirit...
Fuel queues will be cleared by May 1 – NNPCL
The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out...
Divestments: Shell assets estimated at 4.96 billion barrels oil reserve – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the Shell Petroleum Development Company of Nigeria Limited (SPDC) assets being considered...
Scarcity: Marketers say NNPC not supplying petrol
Petrol marketers in the country have attributed the prevailing scarcity of the product in the country to lack of supply...
NNPC resolves causes of long queues at petrol stations
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the issues that led to the tightness in the supply of...
NMPDRA sets natural gas price at $1.57/MMBtu
The Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMPDRA) has fixed a price of $1.57MMBtu for compressed Natural Gas (CNG)....
Dangote slashes diesel price to N940, aviation fuel N980
Dangote Petroleum Refinery has announced a further reduction in the prices of both diesel and aviation fuel to N940 and...