Category: Oil and Gas

Why we lost our most-valued crude oil customers – FG

  The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed,...

Group backs sale of NNPC

The Nigerian Forum for Good Governance has shown support towards the sale of the Nigerian...

Oil theft: More illegal pipelines uncovered in Delta

Tantita Security Services Nigeria Limited, an oil pipeline surveillance team hired by the Federal Government...

Why FG should privatise oil, gas sector – El-Rufai

Kaduna State Governor, Nasir El-Rufai, said the federal government has failed in the oil and...

How Nigeria’s refineries lost 218 workers, N69bn

  Data from the financial statements of Nigeria’s refineries, newly provided by the Nigerian National...

Gas price hike imminent as forex scarcity persist

Owing to the lingering scarcity of dollars in the country, there are speculations that Nigerians...

Oil Theft: ‘Nigeria loses $150m every two days’

The Nigerian National Petroleum Company Limited Chief Financial Officer, Umar Ajiya, said the country loses...

2023 budget: FG projects 1.69m oil barrels daily

Ahead of the presentation of the 2023 budget to lawmakers, a report has revealed that...

Nord Stream gas leak has stopped, says spokesman

The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an...

Oil price drops to $86/barrel

The worldwide price of Brent, the global benchmark for crude, Sunday dropped to $86 per...

UAE to supply Germany with gas, diesel

The United Arab Emirates agreed Sunday an “energy security” deal with Germany to supply liquefied...

TotalEnergies boosts Qatar’s gas expansion with $1.5bn

France’s TotalEnergies on Saturday signed a further $1.5 billion investment in Qatar’s natural gas production...