Category: Oil and Gas

Why Nigerians substitute petrol for CNG – Association

The Nigerian Gas Association has advocated for the use of compressed natural gas as a...

Oil production hits 1.7m barrels daily – FG

The Federal Government reported on Friday that Nigeria’s oil production had climbed from 1.1 million...

NNPCL ends crude oil swap deal for petrol – Report

The Nigerian National Petroleum Company Limited has discontinued the crude oil exchange deal for petrol...

Lagos, firm partner to reduce gas emissions

Smart Gas Company Limited announced a collaboration with Odiolowo/Ojuwoye Local Council Development Area, Ilupeju in...

Oil production increases to 1.35m barrels/day

  By Wilson Adekumola Nigeria’s crude oil output reportedly rose to 1.35 million barrels per...

Oil companies get 26 divested licences in 10 years

Over the past ten years, 26 oil mining licences in the Niger Delta basin have...

Why filling stations are shutting down – Marketers

Marketers of petroleum products have issued warnings that filling stations are shutting down as a...

Four consortia to repair deteriorated pipelines – NNPCL

The Nigerian National Petroleum Company Limited announced on Monday that four consortiums would fund the...

Global oil price may keep rising before 2045 – OPEC

The global oil demand is anticipated to continue increasing in the upcoming years before gradually...

Why diesel prices may not reduce in Nigeria – Experts

Diesel prices in Nigeria are unlikely to fall after Russia announced a lifting of the...

Domestic airlines seek FG’s permission to import jet fuel, forex

Domestic airlines under the auspices of Airline Operators of Nigeria on Monday, urged that the Federal...

Oil marketers express concern over inferior petrol in fuel stations

Concern has been expressed by oil marketers regarding the lightness of Premium Motor Spirit, often...