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...
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...
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...
The Nigerian National Petroleum Corporation Ltd. (NNPCL) has assured Nigerians that the current fuel scarcity and queues will be cleared by Wednesday, May 1st....
As acute petrol supply challenges enter second week, independent marketers have explained that issues that led to the scarcity of the product would take...
The Port Harcourt Refinery is set to start operations following the supply of 475,000 barrels of crude oil by Shell Petroleum Development Company Limited....
The Nigerian National Petroleum Company Limited (NNPCL), Africa’s largest oil company, is seeking to collaborate with the United States Department of State and global...