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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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...

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...

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...

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 appoints Femi Soneye as Chief Corporate Communications officer

Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a communication expert, Mr. Olufemi Oladapo Soneye, as its Chief Corporate Communications Officer.

Petrol marketers threaten withdrawal of services

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over...
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