Category: Oil and Gas

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...

Nigeria’s crude production falls to 1.3m bpd

Nigeria’s crude oil output fell to 1,294,162 barrels per day in July 2023. This is...

Petrol pump price to increase as dollar rises — IPMAN

The Independent Petroleum Marketers Association of Nigeria has said the price of Premium Motor Spirit,...

Seplat gas revenue hits $63.7m H1 2023

Seplat Energy Plc, an indigenous energy firm, increased its gas revenue by 10.21% to $63.7...

NNPCL okays CNG usage for Nigerians

The Nigerian National Petroleum Company Limited’s Group Chief Executive Officer, Mele Kyari, has stated that the...

Shell resumes talks to sell oil assets in Nigeria

By Christian George   The oil giant in Nigeria, Shell Plc, is reportedly negotiating the...

Gas flare fine hits N44.4bn in six months – FG

The Federal Government reported on Friday that the entire gas flare fines collected from oil and...

Petrol imports from Russia records 84% increase – Report

Data on Nigeria’s fuel obtained from Argus West Africa Oil shows that the country’s imports...

Reps to recover $9bn gas flaring fines from oil companies

  The House of Representatives expressed its commitment to retrieving a substantial amount of over...