Category: Oil and Gas

FCT motorists lament high fuel cost despite oil drop

Many motorists in the Federal Capital Territory have expressed concern about the high cost of...

PETROAN urges marketers to reflect crude price drop

The Petroleum Products Retail Outlets Owners Association of Nigeria has urged refiners, depot owners and...

Nigeria can hit 1.9 million bpd crude oil production — NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has expressed confidence that Nigeria can increase crude oil...

NNPCL renews methane detection deal with TotalEnergies

The Nigerian National Petroleum Company Limited has renewed its partnership with TotalEnergies to continue the...

Oil prices hit lowest since US-Iran war

Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of...

Petrol imports jump 59.5% in May — NMDPRA

Nigeria recorded a sharp rise in petrol imports in May 2026, as oil marketers increased...

Oil prices slide below $80 on US-Iran peace hopes

Global oil prices extended their decline on Tuesday, falling to their lowest levels in about...

Oil, gas, banking stocks drag market into bearish mode

The Nigerian equities market relapsed into a bearish mode on Monday, June 15, 2026, as...

Oil prices fall as US-Iran deal reopens Hormuz Strait

Oil prices fell sharply on Monday while global equities rallied after the United States and...

Nigeria’s domestic gas sales rise 30% on PIA reforms — Report

Nigeria’s domestic gas market recorded a significant increase in sales, rising by about 30 per...

Petrol may fall to ₦900/litre amid US-Iran truce — Marketers

The price of Premium Motor Spirit (petrol) may drop to as low as N900 per...

Criminals pose as FG taskforce to steal nine kilometres pipeline — NNPCL

The Nigerian National Petroleum Company Limited has uncovered a disturbing trend in the country’s worsening...