Oil & gas

NNPC Ltd, partners launch 5LNG plants in Ajaokuta

PRESS RELEASE In furtherance of its efforts to deepen domestic gas utilization, in line with the Federal Government’s Gas Revolution Agenda, the NNPC Ltd and its partners have launched five mini-Liquiefied Natural...

Oil markets unfazed by political turmoil of Trump’s first…

The ramifications of the Biden administration’s sanctions on Russia’s shadow fleet continue to roil oil markets, with the...

NNPC accuses economic saboteurs for Buguma Wellhead fire

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has accused pipeline vandalism of causing the recent fire outbreak...

Oil Prices Drop on Trump’s First Day in Office

On his first day in office, US President Donald Trump signed an executive order to withdraw from the...

Gaza ceasefire halts the oil price rally

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end...
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Why Tinubu reappoints Mele Kyari GCEO of NNPC Ltd

President Bola Tinubu has reappointed Mr Mele Kyari as the head of a new management team for the Nigerian National Petroleum Company Limited (NNPC Ltd).

Nigeria’s Crude Oil Production Averaged 1.238m bpd – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in June 2022.

Ekwueme Varsity, WRI to present report on Oil & Gas

The Centre for Climate Change and Development (CCCD) at Alex Ekwueme Federal University, in collaboration with the World Resources Institute (WRI) in Washington, DC,...

FG, NLC meeting on fuel subsidy removal ends in deadlock

The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus.

Why oil production inches closer to 1.7mbpd – NNPCL

Lagos, May 20, 2024 - Crude oil production is nearing 1.7 million barrels per day, according to the Group Chief Executive Officer of the...

Fuel pump price up to N617 per litre

The Price of Petroleum Motor Spirit (PMS), otherwise known as petrol or fuel, has increased to about N617 per litre across filling stations.
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