NUPENG threatens strike in Lagos over tanker drivers’ safety
The Nigeria Union of Petroleum and Natural Gas Workers has threatened to withdraw the services of its members in the Petroleum Tanker…
Oil and Gas
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Why fuel subsidies should be removed – IEA
The International Energy Agency has cautioned against fuel subsidies, especially in developing nations like Nigeria where the use of energy resources is…
Tweeps knock FG as fuel scarcity leaves commuters stranded
Tweeps have slammed the Federal Government as commuters were left stranded on Tuesday as petrol shortage characterised by long queues have crept…
Buhari launches Pinnacle’s $1bn terminal at LFTZ
The President, Major General Muhammadu Buhari (ret’d) inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki Free Trade Zone of Lagos…
Cooking gas prcie rose 60% one year – NBS
A report from the National Bureau of Statistics has revealed that the price of cooking gas soared by 60 per cent in…
Why we lost our most-valued crude oil customers – FG
The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, has revealed why the country lost its…
Group backs sale of NNPC
The Nigerian Forum for Good Governance has shown support towards the sale of the Nigerian National Petroleum Corporation because of its poor…
Oil theft: More illegal pipelines uncovered in Delta
Tantita Security Services Nigeria Limited, an oil pipeline surveillance team hired by the Federal Government to combat crude oil theft, is said…
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 gas and should hands-off the sector for…
How Nigeria’s refineries lost 218 workers, N69bn
Data from the financial statements of Nigeria’s refineries, newly provided by the Nigerian National Petroleum Company Limited, showed that the number…
Gas price hike imminent as forex scarcity persist
Owing to the lingering scarcity of dollars in the country, there are speculations that Nigerians might have to pay more for gas.…
Oil Theft: ‘Nigeria loses $150m every two days’
The Nigerian National Petroleum Company Limited Chief Financial Officer, Umar Ajiya, said the country loses $150 million every two days. Ajiya who…