Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping Brent to…
Category:
Oil and Gas
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Federal government said that the $550 million upstream gas project between the Nigerian National Petroleum Corporation Ltd and TotalEnergies on the development…
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Oil and Gas
NNPCL tightens grip on Nigeria down stream, raises petrol prices again as Dangote fuel hits market
The Nigerian National Petroleum Company has has tightened its grip on the Nigerian oil gas sector as it increased the price of…
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Bayelsa State government says it will engage host communities to ensure effective implementation of the Host Community Development Trust. The state Commissioner…
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The Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu over the recent increase of petrol price to N845 per…
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Nigerian National Petroleum Company (NNPC) Ltd. on Saturday deployed more than 100 trucks to Dangote Refinery for petrol lifting. The NNPC Ltd.…
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Governor Douye Diri of Bayelsa State, has urged Oando Energy Resources Nigeria Limited, which recently acquired the Nigerian Agip Oil Company (NAOC),…
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Oil and Gas
1,200 representatives of Ilaje communities seek N505bn damages from Shell, want asset sale stopped
Nigerian communities are claiming N505 billion in damages from Shell, which they accuse of breaching an existing court order by striking a…
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Ebonyi State Government has sealed three filling in stations within the Abakaliki metropolis in the State. The petrol stations were sealed following…
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Oil and Gas
Dangote accuses oil marketers of complaining to Tinubu over low diesel price from his refinery
Dangote Refinery, has accused oil marketers of complaining to President Bola Ahmed Tinubu that the drop in price of the company’s diesel…
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Oil and Gas
Brent crude oil falls below $70, near 3-year low, gives Nigeria managers cause for worry
Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its…
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OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also…
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Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Chevron Nigeria Ltd., have concluded the conversion of five of…
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Nigerian Upstream Petroleum Regulatory Commission, NUPRC, said it adopted Alternative Dispute Resolution, ADR, in order to resolve issues and put oil and…
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Movement for the Survival of the Ogoni People (MOSOP) has warned that any backdoor joint venture partnership between the Nigerian National Petroleum…