Category: Oil and Gas

Nigeria lost N604.64bn to oil theft in eight months – FG

The Nigeria Upstream and Downstream Petroleum Regulatory Commission’s monthly report has revealed that the nation...

Two arrested as Edo police bust illegal refinery

No fewer than two suspects have been arrested as operatives of the Nigeria Police Force...

Oil theft: PENGASSAN doubts FG’s will to fight

President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo said...

Nigeria may lose N1.7trn as PENGASSAN mulls 30 days shutdown

Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria threatened to shut...

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...