Category: Oil and Gas

NNPCL to repair vandalized pipelines September ending

The shortage of Premium Motor Spirit, sometimes known as petrol, in sections of Lagos and...

Marketers predict more fuel queues due to pipeline vandalism

Petrol queues lingered in Lagos and Ogun states on Wednesday, as oil merchants anticipated harsher...

How FG lost N1.9trn to oil theft in July – Report

Crude oil theft may have cost the country an enormous N1.9tn in revenue loss in...

Oil, gas contributed 5.34% to Nigeria’s GDP – Report

Nigeria’s oil and gas sector generated only 5.34% of the country’s Gross Domestic Product. Its...

Nigeria, Algeria, Egypt to dominate Africa’s gas supply market from 2023 to 2027 – Report

Nigeria, Algeria, and Egypt are predicted to dominate the African natural gas and liquefied natural...

Nigeria lost 165k oil barrels daily in five months – Report

Nigeria lost 165,000 barrels per day due to crude oil production disruptions between January and...

Gas production at Bonny plant still active – NLNG

The Nigeria Liquefied Natural Gas Limited has stated that gas production at the facility in...

No intention to hike fuel pump price – IPMAN

The president of the Independent Petroleum Marketers Association of Nigeria, Chinedu Okoronkwo, has stated that the...

More refineries won’t lower petrol price – Tinubu’s aide

President Bola Tinubu’s Senior Special Assistant on Media and Public Affairs, Ajuri Ngelale, has revealed...

Nigeria’s Forcados crude oil resumes exports, says Shell

An oil company official confirmed on Monday that Shell Nigeria resumed exports of the nation’s...

Diesel nears N900/liter in Lagos, other S’West states

Diesel rates have reached N867 per liter in Lagos state and N875 in other Southwest states as...

NNPCL reports 121 cases of crude theft in one week – Report

The Nigerian National Petroleum Company Limited has recorded 121 crude oil theft incidents between July 29...