Category: Oil and Gas

FG denies removing CNG subsidy amid price hike

The Federal government through the Presidential Initiative on Compressed Natural Gas has refuted a report...

PCNGI clarifies role in CNG price hike

The Presidential Compressed Natural Gas Initiative has clarified recent media reports regarding the price of...

CNG price jumps to N450/SCM amid long queues

The cost of one standard cubic metre of Compressed Natural Gas has jumped from N230...

Crude oil gains ahead of key OPEC+ talks

Oil edged higher as traders awaited new factors to push prices beyond a relatively narrow...

Nigeria’s daily gas production rises by 8.58% in July

Nigeria’s energy sector recorded an 8.58 per cent increase in daily gas production, which rose...

PENGASSAN urges FG to divest majority stake in state-owned refineries

The Petroleum and Natural Gas Senior Staff Association of Nigeria has urged the federal government...

FG, NNPCL eyes $4.5bn savings in oil, gas operations

The Federal Government, through the Nigerian National Petroleum Company Limited, is implementing aggressive measures to...

Fix port Harcourt refinery or resign, IPMAN tells Ojulari

The Independent Petroleum Marketers Association of Nigeria has called on the Group Chief Executive Officer...

NMDPRA approves interim gas transportation tariff for NNPCL subsidiary

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted approval for an interim transportation...

Africa’s 70% fuel import reliance threatens energy security

The African Refiners and Distributors Association has warned that Africa’s heavy reliance on imported petroleum...

Nigeria produced 1.372tn SCF of gas in H1 2025 – NUPRC

Nigeria produced a total of 1.372 trillion Standard Cubic Feet of natural gas between January...

NNPCL rules out sale of P’Harcourt refinery

The Nigerian National Petroleum Company Limited has ruled out selling the Port Harcourt Refining Company,...