Category: Oil and Gas

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...

US to take control of Venezuelan oil reserves, says Trump

United States President Donald Trump has said he would permit American oil companies to enter...

Agbese hails Tinubu, Ojulari over historic NNPCL debt relief

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has commended President Bola...

NNPCL posts N502bn profit as petrol prices fall

The Nigerian National Petroleum Company Limited posted a profit after tax of N502bn in November...

Marketers lift diesel daily despite Port Harcourt refinery shutdown

Fuel marketers have confirmed that the Port Harcourt Refining Company has continued supplying diesel to...