Category: Oil and Gas

Operators lament oil sector investments uncertainty despite PIA

Operators in Nigeria’s oil and gas sector stated on Monday that even after the Petroleum Industry Bill...

Nigeria’s refining capacity’ll increase with Edo refineries – Wabote

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Simbi Wabote, has stated that Edo...

Oil, manufacturing sectors got highest tax exemption in 2022 – Report

The Federal Government gave the greatest tax exemption to operators in the country’s oil and...

FG waives VAT on CNG, sets up conversion centres

The Federal Government said on Friday that 7 CNG conversation centres have been established in...

Total Energies pre-tax profit drop by 48.02% in Q3 2023

Pre-tax earnings at Total Energies Nigeria fell by 48.02% in the third quarter as a...

Uba Sani inaugurates first liquefied gas station in Kaduna

Kaduna State Governor, Senator Uba Sani, on Tuesday, inaugurated the first Liquefied Compressed Natural Gas station...

Nigeria listed among largest LNG suppliers to Europe

The International Gas Union has stated that after the United States of America, Qatar, Russia, and...

Oil price hits $93/barrel – Report

The price of Brent jumped on Wednesday, reaching nearly $93/barrel after circling around $87/barrel the previous...

How Isreal-Palestine conflict affected gas spot prices – Report

Liquefied Natural Gas spot prices have soared by more than 40% since the start of...

Crude oil stays at $90/barrel

Brent crude went up to $90 per barrel on Friday, October 13, according to a study...

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...