Oil and Gas
We won’t fix petrol prices again – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will no longer fix prices or release templates for...
Fuel subsidy not in 2023 budget – NNPC
Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC), Alhaji Mele Kyari, has said that contrary to speculations, the immediate...
BREAKING: Petrol price hits N537 per litre as NNPC confirms increase
The Nigerian National Petrol Company Limited (NNPCL) on Wednesday confirmed an increase in the pump prices of Premium Motor Spirit...
NNPC hails subsidy removal, assures of fuel sufficiency
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the decision to remove subsidy on Premium Motor Spirit (PMS) known...
Fuel subsidy removal: Queues return to filling stations in Ilorin
Following the announcement of fuel subsidy removal by President Bola Tinubu in his inaugural speech on Monday, fuel queues have...
Oil theft: FG frees seized Norwegian oil tanker
The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil in...
NEITI to release industry audit reports in June
The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced its readiness to release the three reports on the oil, gas...
Oil steady as markets await clarity on OPEC’s next policy move
Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies’ next...
Reps grill Malami over $2.4bn crude oil theft
The Attorney-General of the Federation, Mr Abubakar Malami has dismissed his involvement in the House of Representatives Committee investigation alleged...
NNPC, OML 130 partners conclude lease renewal process
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Oil Mining Lease (OML) 130 Partners have closed out the...