Oil & gas

Why Nigeria’s oil rigs rise by 762% to 69 in 4 years — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the oil rig count in the country rose from eight in 2021 to 69 as of October 2, 2025,...

Nigerians face difficulty in purchase of cooking gas as prices soar

The scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has spread across several Nigerian cities,...

Nigerian oil industry crisis may linger despite suspension of latest strike

By Paul Ejime Nigeria’s major oil workers union, PENGASSAN has announced the suspension of its two-day strike, but warned that...

Strike will not cause fuel scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured Nigerians that its proposed strike,...

Why Dangote refinery still employs over 3,000 Nigerians – Mgt

By Paul Ejime Dangote Petroleum Refinery has clarified its position on the sacking of an undisclosed number of Nigerian workers,...
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NNPC Ltd. ensures energy security nationwide

The Nigerian National Petroleum Company Limited (NNPC Ltd), has ensured energy security for Nigerians and motorists this Yuletide across the country.

Sell crude oil to Dangote, other refineries in Naira…

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local...

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.

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.

Gas Retailers Say Shutting Down Plant Threatens Price

The Liquified Petroleum Gas Retailers (LPGAR) says shutting down of the Nigeria Liquefied and Natural Gas (NLNG) processing plant may lead to increase in cooking gas price.

Strike will not cause fuel scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has assured Nigerians that its proposed strike, scheduled for Monday, will not lead...
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