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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Gas flaring: Nigeria taken to ECOWAS community Court of Justice

The Nigerian Government has been dragged before the ECOWAS Community Court of Justice (CCJ) for “failure to enforce the prohibition of gas flaring and...

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 known as petrol across its retail...

Tinubu lauds Dangote for reducing diesel price by 60%

President Bola Tinubu has commended Dangote Oil and Gas Limited in reducing the pump price of Automotive Gas Oil (AGO), also known as diesel.  The...

Oil prices rise despite multiple bearish catalysts

Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine. Oil prices...

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...

Tinubu inaugurates Board of NNPCL, signals new era

President Bola Tinubu on Thursday administered the oath of office to the newly appointed board and management of the Nigerian National Petroleum Company Limited...
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