Category: Oil and Gas

How FG can stop oil theft – EX-PENGASSAN boss

A former President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Comrade...

NNPC to supply Dangote refinery 300k barrels daily

The Nigeria National Petroleum Corporation Limited has secured a massive supply of about 300,000 crude...

World needs oil, gas to survive – Elon Musk

Tesla CEO and the world’s richest person, Elon Musk, has reiterated the need for continued...

FG to end fuel subsidy in 2023 – Minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has disclosed that the Federal...

FG spent N1.593tn on fuel subsidy in six months – Report

The Federal Government spent a total of N1.593 trillion on subsidy of Premium Motor Spirit,...

Shell discharges five oil barrels into Ogoni

After an operation failure, the Shell Petroleum Development Company discharged five barrels of crude oil...

Oil theft threatens Nigeria’s N9tn revenue – FG

The Federal Government has blamed pipeline vandalism, crude oil theft and high petrol subsidy cost,...

Nigeria lost oil worth N101bn in July – OPEC

Data from the Organisation of Petroleum Exporting Countries has revealed that Nigeria lost N101 billion...

Oil demand rises as gas prices surge

Global oil demand will rise more than previously forecast this year as heatwaves and soaring...

Buhari makes a U-turn over Seplat, ExxonMobil $1.3bn deal

The President, Major General Muhammadu Buhari (retd.) in alignment with the Nigerian National Petroleum Company...

Marketers hint at fresh fuel scarcity in Abuja

The Federal Capital Territory residents might experience a fresh round of fuel scarcity as tankers...

Subsidy probe: 23 oil firms operating in Nigeria unknown, say Reps

The profiles of 23 oil and gas companies trading in Nigeria are unknown, the House...