Category: Oil and Gas

Fuel hike: Why old stock sell at new price – Marketers

The Independent Marketers Association of Nigeria, which represents oil marketers, has emphasized that in order...

NNPCL blames market forces for fuel price hike

The group chief executive officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has attributed the...

NAICOM, operators to inspect local content in oil industry

The benefits and difficulties of putting the requirements of the Nigerian Oil and Gas Industry...

Crude oil production hits 1.48mbpd in June – NUPRC

Nigeria produced 1.48 million barrels per day of crude oil in June 2023, including 55,088 and...

Nigeria, E/Guinea seek new oil, gas opportunities

The governments of Nigeria and the Republic of Equatorial Guinea yesterday discussed the creation of...

Petroleum tanker drivers enemy to subsidy removal — IPMAN

The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government to prevail upon...

Brent crude hits $80.41 per barrel, highest since May 2023

Brent crude has reached a price of over $80.41 per barrel for the first time...

Oil and Gas will guarantee Nigeria’s energy security – FG

The Federal Government has noted that oil and gas would continue to guarantee energy security...

Delta security personnel seize large vessel with stolen crude oil

The pipeline surveillance security company, Tantita Security Services Limited has intercepted a large vessel called “MT Tura...

Eastline Energy sues Conoil over $774,789 debt

Eastline Energy Resources Limited, an oil and gas servicing firm based in Port Harcourt, has filed...

Brent declines amid slow economy

US crude oil rose around 3% on Wednesday, closing the price gap with global benchmark...

Oil sector deregulation will create more jobs – NOA

The National Orientation Agency has stated that the liberalization of the petroleum industry’s downstream sector will...