Oil and Gas
NNPC appoints new spokesperson
The Nigerian National Petroleum Company Limited (NNPC Ltd) has appointed Mr Olufemi Soneye as its Chief Corporate Communications Officer. The...
Minister inspects AKK gas pipeline project, tasks contractor on completion
The Federal Government has directed the contractor handling the Ajaokuta Kaduna Kano (AKK) Natural Gas Pipeline Project to ensure completion...
Nigeria’s oil production rises to 1.3m BPD in September
Nigeria’s oil production increased to 1,346,562 million barrels per day (bpd) in September 2023. Thi is the highest production level...
IPMAN insists FG still subsidizing petrol
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is insisting that the President Bola Tinubu-led government is still spending billions...
Forex crisis: Only NNPC importing fuel – Kyari
The Nigerian National Petroleum Company (NNPC) Limited says it is now the sole importer of petrol into the country, following...
Petrol scarcity looms as depots run out of stock, landing cost hits N720/litre
Scarcity of premium motor spirit (PMS) looms in the country as a lot of product depots have run out of...
Nigeria blows N843 billion to gas flaring in 20 months
The National Oil Spill Detection and Response Agency (NOSDRA) has revealed that the Federal Government lost about N843 billion to...
23 oil blocks under PSC produce no crude – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that 23 oil blocks managed by both international and local oil...
FG can do better without refineries that guzzled over N10 trillion for repairs
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the country will be better...
Marketers seek FG intervention as cooking gas price hits N920/kg
Marketers of Liquefied Petroleum Gas, commonly referred to as cooking gas have appealed to the Federal Government to tackle the...