Chairman Owners of Petroleum Products Tank Farms in Ijegun-Egba, Satellite Town, Lagos, Mr. Debo Olujimi has frowned at NIMASA and NPA for…
Oil and Gas
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Russia will cut oil production by 500,000 barrels per day, or around 5% of output , in March, Deputy Prime Minister Alexander…
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The Defence Headquarters says the troops of Operation Delta Safe and other subsidiary operations have in the last two weeks discovered and…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300…
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NewsOil and Gas
NNPCL, Daewoo construction coy sign $740m contract for quick repair of Kaduna refinery
The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for the quick-fix…
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Oil prices fell more than 2% on Friday in a volatile session, after strong U.S. jobs data raised concerns about higher interest…
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More than 11,000 Nigerians from the oil-producing Niger Delta have filed a compensation claim against Shell at the London High Court, the…
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Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a…
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The Nigeria National Petroleum Company Limited (NNPCL) says it has taken over the operation of Production Sharing Contract (PSC) assets from Addax…
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The Nigerian National Petroleum Company Limited (NNPC Limited) on Tuesday engaged with the oil marketers and security agencies to find ways of…
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The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,594.81 in December 2021 to…
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The House of Representatives has urged relevant security agencies to fish out oil marketers and other economic saboteurs who might be responsible…
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The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved…
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The Minister of State for Petroleum Resources, Chief Timipre Sylva says the Federal Government has not approved any increase in the pump…
