Oil and Gas
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the country currently spends $600 million monthly on fuel...
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Featured
The recent drop in crude oil prices, coupled with the reinstatement of the naira-for-crude supply arrangement for local refiners, could see the pump price...
Featured
The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion barrels of crude oil and...
Featured
The Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new...
Featured
The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry of Finance disclosed this...
Oil and Gas
The Nigerian National Petroleum Company (NNPC) Limited has introduced the Utapate crude oil blend, a new crude oil grade, into the international market. According...
News
Many depots for Premium Motor Spirit, popularly called petrol, are currently dry, leading to fuel scarcity and attendant queues in Lagos, Ogun, parts of...
Oil and Gas
President of Dangote Group, Aliko Dangote has said he is ready to sell his 650,000 barrel-per-day oil refinery to the Nigerian National Petroleum Company (NNPC) Limited....
News
As petrol scarcity bites harder across Nigeria, motorists in Kaduna, Kano and Katsina states are paying through their noses to get the now scarce...
Business
The Nigerian National Petroleum Company Limited (NNPC) and its partner, TotalEnergies, have agreed to invest $550 million for the development of a gas processing...
Oil and Gas
The Nigerian National Petroleum Company Limited has discovered a total of 122 illegal oil refining sites in the past week across the Niger Delta...
Oil and Gas
The Environmental Health Council of Nigeria (ECHON), in collaboration with 3DATX Africa, has urged citizens to avoid buying fuel from the black market as...
Oil and Gas
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Monday, announced that about $16.6bn investments had been committed to Nigeria’s oil and gas...
Oil and Gas
As Nigerians battle fuel scarcity, over 9,000 oil marketers are on the verge of losing their operating licences. As a result, the Independent Petroleum...
