Category: Oil and Gas

FG studying UK ruling over oil fraud – Minister

The Minister of Information and Culture, Lai Mohammed, said on Wednesday that the Federal Government...

Diesel price to hit N1,500 in two weeks – Marketers

The pump price of diesel is projected to reach N1,500 from the current N800 within...

Nigeria repays five oil firms’ $3.7bn debt, owes $972m Okechukwu Nnodim

Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far...

Energy transition: Natural gas remains Nigeria’s best option – FG

The Minister of State for Petroleum Resources, Chief Timiprye Sylva said natural gas remains the...

Firm prepares fresh investment in oil, gas sector

Solewant Group says it is now entering the next phase of its extensive development through...

Motorists slam FG, NNPC as fuel queues hit Abuja again

Fuel queues returned to the Federal Capital Territory on Thursday as motorists spent hours at...

EFCC partners marketers to curb oil theft in Niger Delta

The Independent Petroleum Marketers Association of Nigeria has sought the support and intervention of the...

Nigeria’s oil production falls over poor maintenance -World Bank

The World Bank has said that Nigeria’s oil production declined in 2021 due to a...

Nigeria loses N91bn oil in one month – Analysis

Statistics have shown that Nigeria lost N91bn worth of oil to various technical issues in...

Fuel scarcity won’t spread to Lagos, others – Marketers

Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread...

Reps kick as Kyari keeps mum on oil swap deal

THE Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday,...

Nigeria may lose out as China, India eye Russian oil

Nigeria may lose its largest crude oil buyers, China and India, as both countries plan...