Category: Oil and Gas

Why fuel scarcity may last until June 2023

Nigerian oil marketers have indicated that the current challenges with the distribution of Premium Motor...

NUPRC shortlists 139 firms for gas flare trading

The Nigerian Upstream Petroleum Regulatory Commission has selected 139 companies from a total of 300...

Fuel subsidy: EFCC recovers N13bn illegal payments

The Economic and Financial Crimes Commission records recovery worth N13bn as proceeds from illegal payments...

Oil: Bonny light loses all gains in 2022

A report has shown that Bonny Light grade crude oil lost all of its 2022...

FG spent N2tn on local content within 12years – Report

  The Federal Government has spent a total of N2 trillion ($4 billion) on the...

2022: Oil theft, fuel subsidy, other Buhari regime challenges

  Oil Theft, Subsidy, Fuel Scarcity are among some of the challenges which the Federal...

Senate kicks as NUPRC revoke oil field from Bayelsa

The upper chamber of the National Assembly has ordered the Nigerian Upstream Petroleum Regulatory Commission...

NNPCL to sell fuel for N148, Tinubu insists on subsidy removal

The Nigerian National Petroleum Company Limited plans to execute a contract with independent oil marketers...

Manufacturing sector remitted N114.37bn Q3 2022 – NBS

The manufacturing sector topped the list of highest contributors to Value Added Tax revenue generated...

Nigeria may lose $23bn to crude oil theft

The National Security Adviser, Major General Babagana Monguno, has warned the Federal Government of an...

NNPCL signs MoU with five African national oil firms

The Nigerian National Petroleum Company Limited has signed five memoranda of understanding with the national...

FG targets OPEC oil quota in 2023

    The Minister of State Petroleum Resources Chief Timipre Sylva has assured that Nigeria...