Oil and Gas
Fuel queues due to movement restrictions for elections – NNPC
The Nigerian National Petroleum Company Ltd. (NNPCL) has attributed fuel queues in Abuja and some parts of the country to...
Crude oil theft, biggest threat to Nigeria’s economy – NSA
The National Security Adviser (NSA), retired Maj.-Gen. Babagana Monguno, says crude oil theft is arguably the biggest threat to Nigeria’s...
Sylva disagrees with NUPRC, says oil theft major cause of crude losses
Minister of state for petroleum resources, Timipre Sylva, has said the major sources of crude oil losses in the country...
Petrol price rose from N166 to N332 per litre in 1 year – NBS
The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Petrol increased from N166.40 in...
NNPC discovers oil in 2 more Nasarawa communities
Nasarawa State Governor, Abdullahi Sule, has revealed that preliminary findings by the Nigerian National Petroleum Corporation Limited (NNPCL) show that...
Petrol marketers shut fuel stations nationwide
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to suspend operations across the country. This was...
NNPC, Daewoo sign contract for quick repair of Kaduna Refinery
The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for...
Norway records sharp drop in oil revenue
The Norwegian oil fund, a long-term state investment policy funded by oil revenues, experienced sharply negative returns in 2022, a...
No basis for current petrol scarcity–PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there was no basis for the...
OPEC prevents global energy from chaos – FG
The Federal Government said on Tuesday that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past...