Oil & Gas

NCDMB Achieves  83% Success Rate in Advancing Nigerian Content Initiatives By Prosper Okoye The Nigerian Content Development and Monitoring Board (NCDMB) says that 83% of the 96…

CDMB Secretary Calls for Harnessing Oil and Gas Opportunities By Prosper Okoye The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engineer Simi Wabote, has…

National Assembly questions NUPRC over dwindling revenue in signature bonuses The House of Representatives on Monday questioned the management of the Nigerian Upstream Petroleum Regulatory…

Nigerian Navy foils crude theft on Lagos vandalized pipeline By Matthew Atungwu The Nigerian Navy Ship Beecroft has discovered and halted the siphoning of petrol from an oil pipeline…

Oil production climbs to 1.7 million barrels daily ---FG The Federal Government on Friday said that Nigeria's oil production had climbed from 1.1 million barrels per day in August 2023 to…

Subsidy is back, Marketers insist, counter FG Oil marketers refuted the Federal Government's position on Tuesday, insisting that the present pump price of Premium Motor Spirit, widely…

We never reintroduced subsidy, says FG as more fuel stations shut The Federal Government denied restoring the subsidy on Premium Motor Spirit, also known as petrol, on Monday, despite the…

Fuel: Fresh price hike looms as crude hits $94 Oil marketers have said that the price of Premium Motor Spirit, also known as petrol, could increase at the pump due to the rising cost of…

NARTO dispels concerns over fresh petrol scarcity in Abuja The Nigerian Association of Road Transport Owners (NARTO) has dispelled fears of a fresh scarcity of Premium Motor Spirit (PMS),…

NEITI welcomes NNPC transition The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with high expectations, the transition of the Nigeria National Petroleum…