Gas flaring: Oil companies oppose FG’s penalties
The federal government's enforcement of penalties for gas flaring as contained in…
NGF says subsidy’ll affect payment of salaries
The Nigeria Governors’ Forum has said that rising subsidies on petroleum products…
Gas consumption to decline over Russia, Ukraine war – Report
Gas consumption will contract slightly this year due to high prices and…
Nigeria’s crude oil output drops below expectation – Report
A financial service company, Vetiva, has decried that Nigeria's crude oil output…
NNPC, Sahara to build jetties to boost cooking gas supply
The Nigerian National Petroleum Company Limited and Sahara Group, through their joint…
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…
Petrol price rose to N173.08 in May –NBS
The National Bureau of Statistics says the average retail price paid by…
Abuja queues: Buhari increases freight rate for fuel transporters
In a bid to clear the persistent fuel queues by motorists in…
FG studying UK ruling over oil fraud – Minister
The Minister of Information and Culture, Lai Mohammed, said on Wednesday that…
Diesel price to hit N1,500 in two weeks – Marketers
The pump price of diesel is projected to reach N1,500 from the…
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…
Energy transition: Natural gas remains Nigeria’s best option – FG
The Minister of State for Petroleum Resources, Chief Timiprye Sylva said natural…