Category: Oil and Gas

Fuel price hike looms as crude oil crosses $66/barrel

Pump prices of Premium Motor Spirit, also known as petrol, alongside other refined petroleum products...

NUPRC, NMDPRA strengthen regulatory collaboration to boost investments

The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority...

Petrol price war deepens as stations sell below Dangote’s rate

The competition in Nigeria’s downstream petroleum sector has intensified as several filling stations have reduced...

Trump pushes US oil firms toward Venezuela investment

United States President Donald Trump on Friday urged top oil executives to invest in Venezuela’s...

Dangote Refinery begins direct petrol sales to marketers

Dangote Petroleum Refinery has begun the sale of Premium Motor Spirit, popularly known as petrol,...

Oil prices slide as Trump makes move on Venezuelan crude

Global oil prices fell on Wednesday on expectations of increased supply after United States President...

Petrol station workers oppose AA Rano automation plan

Petrol station workers operating under the banner of the Concerned Petrol Station Workers have kicked...

Cooking gas prices ease as supply improves nationwide

Retailers of liquefied petroleum gas have expressed cautious optimism as cooking gas supply improves across...

Lokpobiri urges NMDPRA to prioritise ending tanker explosions

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has called on the new...

Tinubu nominates Magnus Abe as NUPRC board chairman

President Bola Tinubu has nominated former Rivers South-East Senator Magnus Abe as chairman of the...

Global crude oil prices fall amid Venezuela political turmoil

Crude oil prices dipped on Sunday amid uncertainty over Venezuela following the Trump administration’s ouster...

Fuel subsidy removal saves Nigeria over N10tr annually — Senator

Nigeria is saving over N10 trillion annually following the removal of fuel subsidy by President...