Category: Oil and Gas

FG empowers NMDPRA to tackle petrol price hike

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has hinted that the Federal Ministry of...

Oil production drops by 83% – Report

  Findings from the Organisation of the Petroleum Exporting Countries report macroeconomic has shown that...

Buhari grants NNPC N1.9trn for road projects

Bisola Fatoye   President Muhammadu Buhari has given the Nigerian National Petroleum Corporation Limited his...

Oil blocs licensing to end in April –FG

The Federal Government declared on Monday that the seven deep offshore open oil blocs’ licensing...

Natural gas ‘destination fuel’, says Qatar energy minister

The Qatar minister of State for Energy Affairs, H.E. Saad Sherida Al-Kaabi, has stated that...

UAE oil chief named COP28 climate talks president

Agency Report The head of the United Arab Emirates’ national oil company was named Thursday...

Why fuel scarcity may last until June 2023

Nigerian oil marketers have indicated that the current challenges with the distribution of Premium Motor...

NUPRC shortlists 139 firms for gas flare trading

The Nigerian Upstream Petroleum Regulatory Commission has selected 139 companies from a total of 300...

Fuel subsidy: EFCC recovers N13bn illegal payments

The Economic and Financial Crimes Commission records recovery worth N13bn as proceeds from illegal payments...

Oil: Bonny light loses all gains in 2022

A report has shown that Bonny Light grade crude oil lost all of its 2022...

FG spent N2tn on local content within 12years – Report

  The Federal Government has spent a total of N2 trillion ($4 billion) on the...

2022: Oil theft, fuel subsidy, other Buhari regime challenges

  Oil Theft, Subsidy, Fuel Scarcity are among some of the challenges which the Federal...

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