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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Why SERAP wants Tinubu to reverse petrol prices

  The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to reverse the increase in petrol price within 48 hours or...

NNPCL’s spokesperson Olufemi Soneye resigns

The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned. Soneye made this known in a statement made on Saturday. He said...

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 blames ‘logistics issues’ for fuel scarcity

The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the...

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...

Shell wins case on oil spill off Nigeria’s coastline

The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to file a lawsuit against two Shell l companies over an offshore oil leak from 2011, which they allege had a terrible long-term effect on the coastal region where they reside.
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