Senate kicks as NUPRC revoke oil field from Bayelsa
The upper chamber of the National Assembly has ordered the Nigerian Upstream Petroleum Regulatory Commission to reverse the Atala marginal oil field…
Oil and Gas
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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 that would guarantee that the price of…
Manufacturing sector remitted N114.37bn Q3 2022 – NBS
The manufacturing sector topped the list of highest contributors to Value Added Tax revenue generated by the Federal Government in the third…
Nigeria may lose $23bn to crude oil theft
The National Security Adviser, Major General Babagana Monguno, has warned the Federal Government of an impending loss of about $23 billion in…
NNPCL signs MoU with five African national oil firms
The Nigerian National Petroleum Company Limited has signed five memoranda of understanding with the national oil companies and relevant bodies of five…
FG targets OPEC oil quota in 2023
The Minister of State Petroleum Resources Chief Timipre Sylva has assured that Nigeria will work hard to meet its crude…
Why fuel scarcity persist – Marketers
The Independent Petroleum Association of Nigeria has attributed the current fuel scarcity to unavailability of petroleum products and difficulty in accessing foreign…
Shell completes offshore FPSO’s maintenance
Shell Nigeria Exploration and Production Company Limited has announced the completion of the Turn Around Maintainance of its offshore Floating Production Storage…
Subsidy removal: Petrol may hit N410 per litre – NNPC
The Group Managing Director, Nigerian National Petroleum Company Limited, Mele Kyari, has disclosed that without fuel subsidy, the Premium Motor Spirit, known…
NUPENG suspends proposed strike after LASG intervention
The National Union of Petroleum and Natural Gas Workers has called off its proposed strike before the November 6 ultimatum following the…
Court extends Oando’s minority share acquisition deadline
Oando Plc has been granted a 90-day court-ordered extension to create and file the Scheme of Arrangement Document for the acquisition of…
Dangote refinery’ll account for half of Africa’s oil – OPEC
The capacity of the Dangote Refinery, according to the Organization of Petroleum Exporting Countries, will account for more than half of Africa’s…