Fuel station owners in Kano gnash teeth as sales drop
Fuel station owners and pump attendants in Kano are lamenting low patronage as patrons have reduced volume of purchases following pump price increases. Pump price […]
Oil & Gas
What’s really going on with Fuel Subsidy? Asks ABIODUN KOMOLAFE
I am an angry Nigerian and those who know me must know why I have to be! As the pioneer Administrative Secretary of the Afenifere […]
SERAP sues Tinubu over ‘failure to probe missing $2.1bn, N3.1trn of subsidy payments’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to probe the allegations that USD$2.1 billion […]
We ‘ve plan to surpass OPEC’s quota- NUPRC Chief Executive
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organisations of Petroleum Exporting Countries (OPEC)’s oil production quota of 1.74 […]
Oil spillage: NOSDRA, stakeholders move to tackle menace
The National Oil Spill Detection and Response Agency (NOSDRA), has called on stakeholders in the petroleum industry to ensure the prevention of oil spillages in […]
FG begins zero fossil energy emission regime — NEPZA
The Nigeria Export Processing Zones Authority (NEPZA) says the licencing of Deep Blue Industrial Park in Lagos begins a regime of zero fossil energy emission […]
Nigeria, other OPEC members agree to cut oil production volumes
Nigeria and other members of the Oganisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production volumes to […]
Reps summon NEPC MD over status of $1.67bn crude oil revenue
The House of Representatives ad hoc committee investigating alleged loss of crude oil revenue has summoned the Managing Director of Nigeria Export Promotion Council (NEPC) […]
IPMAN commends FG over approval for private importers, says fuel price will crash
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended the Federal Government for approving importation of petroleum products by private firms. Mr Chinedu Anyaso, […]
We won’t fix petrol prices again – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will no longer fix prices or release templates for Premium Motor Spirit (PMS). Authority […]
Fuel subsidy: Kyari meets Tinubu, says fuel queues will be short-lived
The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured Nigerians that fuel queues in filling stations, following the affirmation of the removal of subsidy, […]
Subsidy removal: We’ll ensure smooth transition, avoid supply disruptions – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is working with the NNPC Ltd. and other stakeholders to guarantee a smooth transition […]
NNPC Ltd welcomes removal of fuel subsidy, assures sufficiency
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the decision to remove subsidy on Premium Motor Spirit (PMS) known as fuel by President Bola […]
Dangote Refinery ‘ll reduce importation of refined petroleum products – Expert
Dr Ayodele Oni, Partner, Bloomfield Law Practice, says the newly inaugurated Dangote Refinery will reduce the importation of refined petroleum products. Oni made the assertion in an […]
Dangote first product to hit market by July
Alhaji Aliko Dangote, Chairman Dangote Group, has given the assurance that the Dangote Petroleum Refinery would turn out its first product before the end of […]
Under investment could trigger oil market volatility, says OPEC
OPEC Secretary – General, Haitham Al Ghais on Monday said that underinvesting in the oil and gas sector could cause market volatility in the long […]
Dangote expresses gratitudes to Buhari, Tinubu, Nigerians for supporting his refinery
By OLA MUDOPE, Lagos – The President and CEO, of Dangote Industries Limited, Aliko Dangote has commended President Muhammadu Buhari led Federal Government for its […]
Dangote Refinery begins operations, set to meet Nigeria’s fuel supply requirement
In what could be described as a game-changing achievement, the Dangote Refinery, established by Africa’s richest man, Aliko Dangote, is set to begin operations and […]
Bayelsa pollution report: Shell, Agip fault claims of liability
Major oil firms operating oilfields in Bayelsa have faulted claims by the Bayelsa Oil and Environmental Commission (BSOEC) in its final report presented to Gov. […]
British MP, report slam oil firms, allege environmental genocide in Bayelsa
Oil pollution in Bayelsa State was on the international focus on Tuesday as the report of the state’s Oil and Environmental Commission (BSOEC) was launched […]