Category: Oil and Gas

Fuel scarcity eases gradually after five months

FThe severe fuel scarcity that has plagued the country since November 2022 is gradually phasing...

Expect fuel scarcity to end next week – NNPCL

The Nigerian National Petroleum Corporation Limited has assured that the ravaging fuel scarcity in the...

IPMAN ends strike, orders sale of petrol

Juliet Buna The Independent Petroleum Marketers Association of Nigeria said it has called off the...

NNPCL, Daewoo sign $740.6m deal for KRPC rehabilitation

The Nigerian National Petroleum Company Limited yesterday, signed with Daewoo Engineering & Construction Nigeria Limited...

Gas flares to be commercialised by 139 investors – FG

Bisola David     The Federal Government announced on Thursday that a total of 139...

Eni signs $8bn gas deal with Libya

Oluwanifemi Ojo   The chief executive of Italian energy company Claudio Descalzi, said on Saturday...

FG empowers NMDPRA to tackle petrol price hike

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has hinted that the Federal Ministry of...

Oil production drops by 83% – Report

  Findings from the Organisation of the Petroleum Exporting Countries report macroeconomic has shown that...

Buhari grants NNPC N1.9trn for road projects

Bisola Fatoye   President Muhammadu Buhari has given the Nigerian National Petroleum Corporation Limited his...

Oil blocs licensing to end in April –FG

The Federal Government declared on Monday that the seven deep offshore open oil blocs’ licensing...

Natural gas ‘destination fuel’, says Qatar energy minister

The Qatar minister of State for Energy Affairs, H.E. Saad Sherida Al-Kaabi, has stated that...

UAE oil chief named COP28 climate talks president

Agency Report The head of the United Arab Emirates’ national oil company was named Thursday...