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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Sell crude oil to Dangote, other refineries in Naira…

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local...

Nigeria-Saudi Oil Pact: A triumph for technological progress – FG

The Federal Government has signed a Memorandum of Understanding (MoU) with Saudi Arabia to establish a robust framework for collaboration between the two nations in the oil and gas sector.

Why petrol scarcity will end Wednesday – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has promised to resolve the current petrol scarcity by Wednesday. Olufemi Soneye, its Chief Corporate Communications Officer, made...

Ekwueme Varsity, WRI to present report on Oil & Gas

The Centre for Climate Change and Development (CCCD) at Alex Ekwueme Federal University, in collaboration with the World Resources Institute (WRI) in Washington, DC,...

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 at Buguma Wellhead 008. The Chief Corporate...

Fuel Subsidy Is Organised Crime Says Peter Obi

The Presidential candidate of the Labour party, Peter Obi says the Federal Government is behind oil theft in the country.
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