Category: Oil and Gas

Why Nigeria must embrace non-oil sources for survival  – NEPC 

The Executive Director/Chief Executive of the Nigerian Export Promotion Council, Dr. Ezra Yakusak, has said...

Oil prices surge as OPEC+ cuts output

The Organisation of Petroleum Exporting Countries has announced a surprise decision to cut production further,...

How Lekki Seaport will create 170,000 jobs – FG

The Lekki multi-purpose seaport, according to the Federal Government, is anticipated to create more than...

Petrol will cost below N500 after subsidy removal – PENGASSAN

The president of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo,...

Chad nationalizes all Exxon Mobil’s assets

The West African nation’s energy and hydrocarbons ministry said in a statement on Thursday that...

Natural gas will boost Nigeria, Africa’s economy – IGU

The International Gas Union has urged Nigeria and other gas-rich African nations to adopt indigenous...

How Nigeria spent N6.7trn on agric imports in five years – NBS

Figures from the National Bureau of Statistic shows that Nigeria spent N6.7 trillion in total...

Sales of crude oil increase by 46% to N21tn – NBS

Nigeria’s exports of crude oil increased by 46.41 percent in 2022, bringing the total to...

TotalEnergies to earn N85 billion in Q2 2023 – Report

For the second quarter of the year ending in June 2023, TotalEnergies Marketing Nigeria Plc...

NNPCL stocks of 2.1bn litres of petrol ahead of gov election

NNPCL’s Chief Corporate Communications Officer, Mr. Garba Deen Muhammad, has said in a statement that...

Tight security as Buhari visits Maiduguri for power plant inauguration

Security measures have been beefed up at the Maiduguri Emergency Power Plant project site in...

FG discovers new locations for oil production of 681,000 bpd

The Federal Government has discovered new oil fields with a daily production capacity of 1.52...