Oil and Gas
10,000 petrol marketers to shut down as daily consumption drops to 4.5million litres
Around 10,000 petrol dealers are set to shut down as fuel consumption drops to 4.5 million liters per day, from...
NNPC to clear $6billion petrol supply debt soon – Minister
Minister of finance and coordinating minister of the economy, Wale Edun, has assured that the Nigerian National Petroleum Company (NNPC)...
Petrol cost: You have options, Tinubu tells Nigerians
President Bola Tinubu has reacted to the high cost of petrol in the country, saying Nigerians have options as they...
Naira-for-crude: Dangote Refinery gets first supply from NNPC
The Dangote Petroleum Refinery has taken delivery of four cargoes of crude oil from the Nigerian National Petroleum Company Limited...
FG drops charges against Binance executive Gambaryan
The Federal Government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan, who was being tried for...
FG directs NNPC to stop cooking gas export, reduce prices
Mr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), has directed the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and...
We are ready for out of court settlement with NNPC, others – Dangote
The Dangote Petroleum Refinery and Petrochemicals FZE says it is ready for an out of court settlement with the Nigeria...
Dangote seeks court order to revoke NNPC, Matrix import licenses
The Dangote Petroleum Refinery and Petrochemicals FZE has approached the Federal High Court in Abuja seeking an order to void...
Nigeria approves $1.28 billion Seplat-ExxonMobil deal
Two years after a deal was originally struck, the federal government has officially approved Seplat Energy’s purchase of Exxon Mobil’s...
Chevron Nigeria announces new oil discovery in the Niger Delta
Chevron Nigeria has reported a new oil discovery in the Niger Delta, with a production potential of up to 17,000...