Oil and Gas
Oil hits $90 as OPEC+ considers output cut
Oil prices firmed on Thursday, erasing earlier losses, on indications that OPEC+ might cut output, though a stronger dollar and...
Kremlin says Russia not behind pipeline gas leaks
The Kremlin has rejected accusations that it was responsible for leaks in the Nord Stream 1 and 2 gas pipelines....
UNGA77: P/Harcourt refinery to produce 60,000 barrels/day soon – Minister
The Minister of State for Petroleum Resources, Timipre Sylva, has assured Nigerians that rehabilitation of the Port Harcourt refinery would...
Oil marketers endorse FG’s clean energy target
The Major Oil Marketers Association of Nigeria (MOMAN) has reiterated its support to Nigeria’s energy transition and efforts of the...
Customs seizes 75,000 litres of petrol in Lagos
The Nigeria Customs Service (NCS), Seme Area Command, says it has seized 75,000 litres of petrol, within bushes along Seme...
22 ships discharge petroleum products at Lagos ports – NPA
The Nigerian Ports Authority (NPA), on Tuesday, said that 22 ships had arrived at the Lagos Port Complex discharging petrol...
Nigeria, Morocco sign MoU for 5,600km gas pipeline project
The Nigerian National Petroleum Company (NNPC) Limited and the Office National des Hydrocarbures et des Mines of Morocco, have signed...
Buhari directs NNPC to complete section 4 of East-West Road
President Muhammadu Buhari has directed the Nigeria National Petroleum Corporation (NNPC) Limited and its subsidiaries to step in and fix...
Buhari recovers N2.6trn from oil firms after NEITI’s report
The Federal Government has recovered a total of N2.6 trillion revenue from oil firms. This was sequel to the Nigeria...
OPEC: Angola, Libya overtake Nigeria in crude oil production
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer, says a report by the Organisation of the...