Oil & gas

Dangote Refinery reduces petrol price to N1,200/litre

Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200 per litre, according to industry...

Oil prices may hit $200 as Trump targets Iran

Oil prices jumped and global markets fell after U.S. President Donald Trump said the United States might seize...

Fresh lawsuit exposes Tinubu government’s propaganda…

The Atiku Media Office notes with grave concern the latest development in the long-running OPL 245 dispute, which...

Association urges reliable crude supply for local refinery

The Nigeria Auto Journalists Association (NAJA has urged Federal government to strengthen local refinery capacity through reliable crude...

Dangote Refinery Hikes Petrol Price to N1,175/Litre

Nigeria's fuel market reels from a brutal price swing. The Dangote Petroleum Refinery has slammed the brakes on...
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NNPCL-AITEO joint venture launches Nembe crude oil grade at London Argus European crude conference

The NNPC-Aiteo OML 29 Joint Venture (JV) took centre stage at the ongoing Argus European Crude Conference in London when it announced the introduction of the Nembe Crude Oil Grade to the market.

NNPCL warns Nigerians, foreign investors to beware of fraudsters

The Nigerian National Petroleum Company Limited, NNPCL, has issued a fresh disclaimer, urging the public to beware of individuals and companies falsely claiming to...

Russia bans gasoline exports for 6 months from March

MOSCOW, Feb. 27, 2024 (Reuters) - Russia on Tuesday ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid...

IOC’s divestment: We facilitate, not hinder process – NNPC Ltd

The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its...

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 Paris Climate Agreement and instructed the...

Minister of State for gas appointed co-chair of NCDMB

In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the...
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