OPEC+ to increase oil output by 137,000 barrels daily
The Organisation of the Petroleum Exporting Countries and its allies, a group known as OPEC+, has decided to ramp up oil output…
Oil and Gas
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Delta braces for fuel scarcity as marketers begin strike
Fresh fuel scarcity is set to hit Delta State as members of the Independent Petroleum Marketers Association of Nigeria and the Nigeria…
Petrol distributors distance self from NUPENG’s planned strike
The Association of Distributors and Transporters of Petroleum Products has dissociated itself from the intended strike by the Nigeria Union of Petroleum…
PENGASSAN threatens to shutdown Dangote Refinery over union dispute
The industrial dispute between the Nigeria Union of Petroleum and Natural Gas Workers and the Dangote Refinery has taken a new turn…
Strike: FG reschedules Dangote, NUPENG emergency meeting
Minister of Labour and Employment, Muhammadu Dingyadi, has rescheduled the tripartite meeting summoned to resolve the dispute between the management of Dangote…
Dangote Refinery denies shutting petrol unit
The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman…
FG seeks foreign firms’ return to Nigeria’s oil sector
The Federal Government has called on major Engineering, Procurement and Construction firms to return to Nigeria’s oil and gas industry, insisting that…
NLC issues ultimatum to Dangote over anti-union practices
The Nigeria Labour Congress has issued an ultimatum to the Federal Government and the Dangote Refinery and Petrochemical Company, calling for the…
Dangote refinery gets IPMAN’s full backing in distribution dispute
The national leadership of the Independent Petroleum Marketers Association of Nigeria has distanced itself from the strike notice issued by its Western…
Cooking gas price drops by 17.4% in August
The average retail price of Liquefied Petroleum Gas, popularly known as cooking gas, fell by 17.4 per cent month-on-month, dropping from N14,375…
FCCPC, NMDPRA pledge to protect consumers in petroleum sector
The Federal Competition and Consumer Protection Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have committed to safeguarding consumer interests…
Dangote Refinery petrol unit faces two to three-month shutdown
The petrol unit at Nigeria’s 650,000 barrel-per-day Dangote refinery may be shut for between two to three months for repairs, industry monitor…