Oil & gas

Oil marketers reduce petrol price to ₦939.50 per litre

Oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery have reduced the price of the product by 11.8%, bringing it down from...

Christmas/New Year Holidays: Dangote reduces PMS price to N899.50k

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per...

Why NNPCL reduces pump price of Premium Motor Spirit

The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also...

60,000b/d Old PH Refinery fully operational – Facility manager

Ibrahim Onoja, the manager of Old Port Harcourt Refinery, has said that the facility is now fully operational. His claim...

Banire misconceives the facts, promotes biased views – NNPC

By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the...
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Banire misconceives the facts, promotes biased views – NNPC

By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become...

NNPCL’s failure to remit $15bn oil revenues untrue — Spokesman

The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues into the Federation Account.

Oil, Gas: Participants, Stakeholders Mourn Barkindo

Participants at the ongoing 2022 Nigerian Oil and Gas (NOG) conference have expressed grief on the sudden death of Dr Mohammad Barkindo, the Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC).

Why Goldman Sachs worry over Wagner’s threat to oil prices

Goldman Sachs, a leading global investment bank, has expressed concerns about the potential impact of the rise of the mercenary group, Wagner, on the global oil market.

NNPC denies reports of N3.3trn inflated subsidy claims

Abuja, June 10, 2024 – The Nigerian National Petroleum Company Limited (NNPCL) has denied reports of inflated subsidy claims to the tune of N3.3 trillion. Olufemi...

Fuel Subsidy Is Organised Crime Says Peter Obi

The Presidential candidate of the Labour party, Peter Obi says the Federal Government is behind oil theft in the country.
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