Oil and Gas
‘It is now time to privatize Nigerian oil refineries’— Speaker Abbas
House of Representatives Speaker Tajudeen Abbas has recommended the privatisation of oil refineries in the country to enable them to...
NNPC targets N2 trillion profit rise in 2022 audited financial statements – Kyari
The Nigeria National Petroleum Company (NNPC) Limited is targeting a profit increase of N2 trillion when the 2022 audited financial...
Petrol price hit N630.63 in October —NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N195.29 in...
‘NUPENG, PTD not going on nationwide strike’ — Officials
The Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG) and Petroleum Tanker Drivers Branch (PTD), have jointly dismissed reports...
Kyari advocates diversified energy portfolio towards attaining energy transition
The GCEO, NNPC Ltd, Mele Kyari, has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and...
Nigeria tops crude oil production in Africa for October
The Organisation of Petroleum Exporting Countries (OPEC) records shows that Nigeria was Africa’s top crude oil producer for October 2023....
Nigeria’s oil production to hit 1.9 million bpd by year end – Minister
Nigeria’s Defense Minister, Bello Matawalle has assured that the country’s oil production will reach 1.9 million barrels per day by...
NNPC restores production of 275,000 bpd by TotalEnergies
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has restored the production of 275, 000 barrels of oil per day...
Nigeria, Saudi Arabia to cooperate on oil, gas sectors
Saudi Arabia’s energy minister, Abdulaziz bin Salman, has disclosed that the kingdom signed preliminary agreements with African countries, including Nigeria,...
NLNG blames rise in cost of gas on forex, vessel scarcity
The Nigeria Liquefied Natural Gas (NLNG) Limited, has attributed the rise in the cost of cooking gas to vessel scarcity,...