Oil & gas

NNPC Ltd, partners launch 5LNG plants in Ajaokuta

PRESS RELEASE In furtherance of its efforts to deepen domestic gas utilization, in line with the Federal Government’s Gas Revolution Agenda, the NNPC Ltd and its partners have launched five mini-Liquiefied Natural...

Oil markets unfazed by political turmoil of Trump’s first…

The ramifications of the Biden administration’s sanctions on Russia’s shadow fleet continue to roil oil markets, with the...

NNPC accuses economic saboteurs for Buguma Wellhead fire

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has accused pipeline vandalism of causing the recent fire outbreak...

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...

Gaza ceasefire halts the oil price rally

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end...
spot_img

Nobody will beat our petrol quality – Dangote

Alhaji Aliko Dangote says the petrol processed by Dangote Refinery will match the quality of the petrol sold in the US, and that they...

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...

Christmas/New Year Holidays: Dangote reduces PMS price to N899.50k

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for...

IPMAN, Anambra disagree over signage advisement fee 

By Emmanuel NdukubaAwka, May 22, 2024 - The Independent Petroleum Marketers Association of Nigeria (IPMAN), has raised concern over the decision of the Anambra...

NNPCL-facilitated Afreximbank $3.3bln crude oil pre-payment loan to address nation’s FX challenges – Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for its intervention in the $3.3 billion crude oil pre-payment loan it signed...

Gaza ceasefire halts the oil price rally

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the...
spot_img