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CATEGORY

Oil & Gas

Embargo on Russian gas opens $176m revenue window for Nigeria

By Collins Olayinka, Abuja NMDPRA rallies stakeholders for gas utilisation to boost devtNigeria stands to earn $176 million, if it can explore embargo on Russian gas...

Fuel Subsidy: Be Ready To Pay N100,000 Minimum Wage, NLC Tells FG

The Nigeria Labour Congress (NLC) has said the plans of the federal government to remove the contentious fuel subsidy would be an open invitation...

NNPC Releases Additional 1.4 Billion Litres of PMS in 25 Days

The Nigerian National Petroleum Company Ltd has continued in its efforts to ensure adequate supply of Premium Motor Spirit into the market. In a fresh...

FG moves for transparent oil sector as Buhari gets ultimatum on fuel scarcity

By Kingsley Jeremiah, Abuja Federal Government, yesterday, began a move to tighten modalities guiding crude oil and gas production determination, verification and certification. Chief Executive Officer...

Group decries N3.6 trillion vote for fuel subsidy

A group, Natives, has decried the N3.6 trillion 2023 budgetary provision for fuel subsidy. The Smart Edwards-led group charged stakeholders to start preparing for...

NNPC, security agencies destroy filling station, barge used for oil theft

The onslaught against crude oil thieves and pipeline vandals has led to the destruction of a barge used for the nefarious business by officials of...

FG develops a framework on pipeline assets concession

The Ministry of Petroleum Resources says it has developed a framework for the concession of oil and gas pipeline assets. The Ministry of Petroleum Resources...

How Illegal Oil Pipeline Connecting High Sea Was Undetected for Nine Years – NNPC

In a shocking revelation, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has narrated how an...

NNPC acquires downstream assets of OVH Energy

The Nigerian National Petroleum Company Ltd has acquired the downstream assets of OVH Energy Marketing Company effectively making it the biggest downstream company in...

Nigeria: NLNG Alerts Govt, Stakeholders On Export of Cooking Gas By Some Local Producers Despite in-Country Shortages

The Nigeria Liquefied Natural Gas (NLNG) Limited has drawn the attention of the federal government and other stakeholders to the export of Liquefied Petroleum...

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