Oil and Gas
China agrees to pay for Russian gas in roubles and yuan – Gazprom
Russia’s energy giant Gazprom says it has signed an agreement with China to start payments for gas supplies to China...
Fuel queues return to Abuja as IPMAN strike gets underway
Queues for Premium Motor Spirit (PMS) commonly called petrol, have returned to some filling stations in parts of Abuja. This...
Fuel scarcity looms in Abuja, Kano, others as IPMAN begins strike over N50bn debt
Another round of scarcity of Premium Motor Spirit (PMS), popularly called petrol, is bound to begin in some northern states...
Fuel supply: NNPC ready for forensic audit – Official
The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it’s ready to submit itself for forensic audit of fuel...
Crude oil price drops to $101.04 per barrel – OPEC
The price of 13 crude oil samples stood at 101.04 dollars per barrel as at Wednesday. This is against the...
Iran to supply $2.5bn worth of CNG services to Nigeria: Industry source
Companies from Iran will supply some $2.5 billion worth of services related to natural gas for vehicles (NGV) business to...
Nigeria needs $200bn to bridge gas infrastructure deficit in 10 years
The federal government has disclosed that over $20 billion will be required annually in the next 10 years to bridge...
Some churches, mosques engage in oil theft – NNPC
The Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPCL), Mele Kyari, has said local communities and...
Petrol importation to end in 2023 – Kyari
Nigeria is set to stop the importation of petroleum products by mid-2023. This will be made possible by a combination...
Ending petrol subsidy inevitable – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) has said ending subsidy payment on petrol is the only option for...