Oil and Gas
Federal government has dismissed reports claiming it has restored subsidy for premium motor spirit (PMS), also known as petrol. Oil marketers and a section...
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Oil and Gas
Global oil prices fell below 80 dollars per barrel on Thursday following the signing of a peace agreement between the United States and Iran...
Oil and Gas
Oil companies in Nigeria exported about 80 percent of the country’s crude oil production in the first quarter of 2026 despite rising demand from...
Oil and Gas
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben...
News
Troops of the 65 Battalion of the Nigerian Army have intercepted a truck conveying a large consignment of illicit drugs along the Lagos-Calabar Coastal...
News
Young entrepreneurs took centre stage at The Gathering on 100 in Kano as the popular Pitchathon concluded after a three hour competition on Saturday,...
Oil and Gas
Premium Motor Spirit (PMS) marketers have raised alarm over the lightness of the product in some retail outlets, saying it is inferior to the...
Oil and Gas
President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to rise. Presidential sources...
Oil and Gas
Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the Naira and stabilise the foreign exchange...
Oil and Gas
Independent Petroleum Marketers Association of Nigeria (IPMAN) has said local refining of crude oil will save at least N70 per litre off petrol price...
Oil and Gas
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in...
Oil and Gas
Nigerian National Petroleum Company (NNPC), has said it recorded 240 incidences pertaining to crude oil theft and pipeline vandalism in the Niger Delta in...
Oil and Gas
Nigerian National Petroleum Company Limited and its joint venture partners plan to add about 192,000 barrels of crude oil per day to Nigeria’s oil...
Oil and Gas
Nigerian National Petroleum Company Limited (NNPC) has resumed oil exploration in the Lake Chad Basin in Borno state, 6 years after it was stopped,...
Oil and Gas
Economic and Financial Crimes Commission (EFCC) has closed its case in a £2.6 billion alleged fraud charge slammed on an oil firm, Petro Union...