Oil and Gas

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Latest Oil and Gas News

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators

Oil operators on Sunday revealed that the Federal Government spends N40.1bn daily

Enitan Daramola Enitan Daramola

Petrol price rose to N173.08 in May –NBS

The National Bureau of Statistics says the average retail price paid by

Agency Report Agency Report

Abuja queues: Buhari increases freight rate for fuel transporters

In a bid to clear the persistent fuel queues by motorists in

Agency Report Agency Report

FG studying UK ruling over oil fraud – Minister

The Minister of Information and Culture, Lai Mohammed, said on Wednesday that

Sam Adeniyi Sam Adeniyi

Diesel price to hit N1,500 in two weeks – Marketers

The pump price of diesel is projected to reach N1,500 from the

Sam Adeniyi Sam Adeniyi

Nigeria repays five oil firms’ $3.7bn debt, owes $972m Okechukwu Nnodim

Latest updates on Nigeria’s cash call arrears repayment showed that the country

Agency Report Agency Report

Energy transition: Natural gas remains Nigeria’s best option – FG

The Minister of State for Petroleum Resources, Chief Timiprye Sylva said natural

Sam Adeniyi Sam Adeniyi

Firm prepares fresh investment in oil, gas sector

Solewant Group says it is now entering the next phase of its

Sam Adeniyi Sam Adeniyi

Motorists slam FG, NNPC as fuel queues hit Abuja again

Fuel queues returned to the Federal Capital Territory on Thursday as motorists

Agency Report Agency Report

EFCC partners marketers to curb oil theft in Niger Delta

The Independent Petroleum Marketers Association of Nigeria has sought the support and

Agency Report Agency Report

Nigeria’s oil production falls over poor maintenance -World Bank

The World Bank has said that Nigeria’s oil production declined in 2021

Agency Report Agency Report

Nigeria loses N91bn oil in one month – Analysis

Statistics have shown that Nigeria lost N91bn worth of oil to various

Agency Report Agency Report