Category: Oil and Gas

Nigeria’s petrol imports hit 20.6m litres daily in August

Nigeria’s petrol imports rose to 20.6 million litres per day in August 2026, even as...

Explain funding for fuel subsidy return, APC-PCC tells Atiku

The Presidential Campaign Council of the All Progressives Congress has asked Atiku Abubakar, presidential candidate...

Cooking gas price jumps 25% to ₦1,500/kg

The price of cooking gas has risen by 25 per cent to N1,500 per kilogramme...

Petrol price hits ₦1,395/litre as Dangote raises gantry rate

Petrol pump prices rose to N1,395 per litre on Saturday as filling stations across Lagos...

NUPRC threatens revocation over undeveloped flare gas sites

The Nigerian Upstream Petroleum Regulatory Commission has cautioned that firms handed flare gas commercialisation sites...

Petrol pump prices stay high despite sharp fall in depot rates

Fuel prices at filling stations across Nigeria remain stubbornly high even as depot prices have...

Nigeria’s petrol import bill hits ₦952bn despite Dangote Refinery supply

Nigeria spent N952.15 billion on imported Premium Motor Spirit in the second quarter of 2026,...

Auditor-General uncovers ₦432bn debt owed to NMDPRA by marketers

The Nigerian Midstream and Downstream Petroleum Regulatory Authority is facing renewed scrutiny after the Office...

Nigerians spent ₦11.3trn on petrol in seven months – NMDPRA

Nigerians spent approximately N11.3 trillion on Premium Motor Spirit, popularly known as petrol, between January...

IPMAN predicts downward review of petrol prices in days

The Independent Petroleum Marketers Association of Nigeria says filling stations across the Federal Capital Territory...

Bolivia takes over state oil firm YPFB amid fuel crisis

Bolivia has placed its state oil company, YPFB, under temporary government supervision, following persistent problems...

NNPCL raises petrol price to ₦1,345/litre in Abuja

The Nigerian National Petroleum Company Limited has increased the pump price of Premium Motor Spirit,...