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Oil & Gas
CDMB Secretary Calls for Harnessing Oil and Gas Opportunities
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
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
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
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
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
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
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
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
NEITI welcomes NNPC transition
The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with high expectations, the transition of the Nigeria National Petroleum…
President Buhari unveils new NNPC Ltd
President Buhari unveils new NNPC Ltd
President Muhammadu Buhari has unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited), affirming that the company is mandated by…