Oil & gas

Why Bonny Light trades 8% higher in January

Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown. OPEC’s MOMR for February revealed that Bonny...

Seplat, NNPC empower science teachers, inspectors in Edo, Delta

Benin, Nigeria - The Management of Seplat Energy JV, in collaboration with NNPC E&P Ltd., on Thursday graduated...

Ramadan: Dangote refinery cuts ex-depot petrol price by ₦65

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known...

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...

Why NNPC reduces petrol pump price

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the petrol pump price at its retail stations from...
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Atiku accusesTinubu of favouring nephew to buy oil…

Former Vice President of Nigeria, Atiku Abubakar, has accused President Bola Tinubu of giving undue advantage to his nephew in the purchase of some oil...

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 Paris Climate Agreement and instructed the...

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...

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...

NNPCL debunks Warri refinery explosion rumours, sets record straight

The Nigerian National Petroleum Company Limited (NNPC) has vehemently denied reports of an explosion at the Warri Refining and Petrochemical Company (WRPC). The NNPC in...
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