Oil and Gas
FG amends 2022/2023 deep offshore oil block bid round
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised...
Sri Lanka to reduce fuel prices as economic conditions improve
Sri Lanka’s Power and Energy Minister Kanchana Wijesekera on Wednesday said that fuel prices would be reduced in the country...
Oil exploration in Benue trough key to energy security – Buhari
President Muhammadu Buhari says the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians...
NNPC: Oil exploration in Nasarawa to increase Nigeria’s reserves
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the positive outcome of the Ebenyi-A Exploration Well will increase Nigeria’s...
NPA expects 21 ships with petroleum, others at Lagos ports
The Nigerian Ports Authority (NPA) says it is expecting 21 ships at the Lagos Port Complex. The NPA made this...
Petrol price rose by 54.76% per litre in one year – NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in...
Renowned oil trader, Jean-Marc Cordier, joins NNPC
Mr Jean-Marc Cordier, a former Vice President of the Abu Dhabi National Oil Company (ADNOC), has joined the services of...
12 ships with petroleum products, others expected at Lagos ports
The Nigerian Ports Authority (NPA) on Wednesday said 12 ships conveying petroleum products and other goods were expected at Lagos...
Ghana removes petrol subsidy
The Ghana National Petroleum Authority has announced removal of fuel subsidy in the country. The agency said the removal of...
Seplat Energy CEO, Roger Brown, resigns
Seplat Energy Plc says its Chief Executive Officer, Mr Roger Brown, has stepped aside from running the company for a...