Oil and Gas
N165 petrol pump price no longer realistic – Major marketers
The Major Oil Marketers Association of Nigeria (MOMAN) says the regulated N165 pump price for Premium Motor Spirit (PMS), also...
Sign Briggs panel report if you want to end strike, ASUU replies Buhari
The Academic Staff Union of Universities (ASUU) has urged President Muhammadu Buhari to meet with the Prof. Nimi Briggs-led Committee...
Nigeria’s crude oil production rose to 1.238m bpd in June – OPEC
Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022, the Organisation...
NNPC gets court order to block Exxon’s asset sale to Seplat
Nigeria’s state energy company won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to...
Manufacturers to FG: Allow us to import diesel from Niger, Chad
The Manufacturers Association of Nigeria (MAN) has urged the federal government to allow them import diesel from Niger Republic and...
Diesel: Suppliers seek five month licensing window for importation
The body of organised suppliers, stakeholders and practitioners in the nation’s oil and gas sector, under the auspices of the...
Petrol subsidy gulps N4.194trn in five years
The Office of Accountant General of the Federation (oAGF) has revealed that payment for petrol subsidy from the federation account...
Oil thieves steal 20% of Nigeria’s crude production daily – Tinubu
Adewale Tinubu, the Group Chief Executive Officer, Oando Plc, says Nigeria is losing about 20 percent of its crude oil...
NSIA, Vitol seal $50m JV to reduce carbon
The Nigeria Sovereign Investment Authority (NSIA) says it has sealed a joint venture (JV) agreement with Vitol to invest in...
IPMAN begins strike in Abuja over N50bn unpaid claims
Amid the ongoing scarcity of petrol in Abuja, the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja and Suleja units...