Oil and Gas
Russia-Ukraine crisis affects Nigeria’s crude inflow into global markets — NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine...
NNPC/Aiteo JV launches Nembe Crude Oil Grade, exports 1,900,000 barrels
The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the...
Tinubu appoints three NUPRC commissioners
President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory...
NNPC working with NEITI, others to reconcile NEITI’s 2021 report
The Nigerian National Petroleum Company Limited (NNPCL) says it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and...
Reps probe petrol subsidy regime
The House of Representatives Committee on Petroleum Resources (Downstream), says it plans to conduct a comprehensive audit of the subsidy...
Nigeria tops in OPEC oil production for October 2023 – Survey
Nigeria led the rise in OPEC oil production for October 2023. This is according to a Bloomberg survey. Findings of...
NNPC blows N11.35 trillion on ‘dead refineries’ —Senate
The Senate has tasked its ad- hoc committee to investigate all contracts awarded for rehabilitation of all state owned refineries...
Nigeria’s petrol daily consumption drops by 33.58% —NMDPRA
Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says the country’s domestic consumption for petrol has significantly dropped from 66.7...
Petrol rose to N626.21/litre in Sept. —NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N191.65 in...
Why petrol queues are back – NNPC
NNPC Retail – a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL) has attributed the queue being recorded at...