Oil & gas

Oil marketers reduce petrol price to ₦939.50 per litre

Oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery have reduced the price of the product by 11.8%, bringing it down from...

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...

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...

60,000b/d Old PH Refinery fully operational – Facility manager

Ibrahim Onoja, the manager of Old Port Harcourt Refinery, has said that the facility is now fully operational. His claim...

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...
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NNPCL-AITEO joint venture launches Nembe crude oil grade at London Argus European crude conference

The NNPC-Aiteo OML 29 Joint Venture (JV) took centre stage at the ongoing Argus European Crude Conference in London when it announced the introduction of the Nembe Crude Oil Grade to the market.

Russia-Ukraine war is affecting Nigeria’s crude oil inflows – NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market.

FG Insists On N165 Pump Price For Petrol

The Federal Government says the fixed pump price for Premium Motor Spirit (PMS) remains at N165 per litre as stipulated in the petroleum product pricing template.

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...

FG, NLC meeting on fuel subsidy removal ends in deadlock

The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus.

Seplat, NLNG Proffer Solutions To Nigeria’s Gas Crisis

As Nigerians continue to groan over the increase in the price of gas, stakeholders in the sector have called for a holistic approach in fixing Nigeria’s gas crisis, especially with the lingering supply shortage.
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