Oil & Gas
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Subsidy Removal: Petrol soon to cost N750 per litre — Stakeholders
It emerged yesterday that petrol will sell for N750/ litre, soon, as the federal government prepares to completely deregulate the…
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Resentment, rage as NNPCL hires expatriate to head subsidiary
The appointment of Jean-Marc Cordier as the head of the oil trading arm of the Nigerian National Petroleum Company Limited…
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Fuel scarcity to linger till after elections — Marketers
The scarcity of Premium Motor Spirit, popularly called petrol, in Abuja and other northern states could persist till after Saturday’s…
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Petrol scarcity hits Abuja
The few that sold petrol had vehicular queues snaking several meters around them. From Kubwa, central business district, Garki…
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71 illegal refineries, 22 oil bunkering sites discovered, destroyed
In sustenance of the drive to end oil theft and illegal oil bunkering, the Nigeria Security and Civil Defence Corps…
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Those managing Nigeria’s oil must account for crude oil theft – Osinbajo
Vice President Yemi Osinbajo has declared that tackling crude oil theft and sabotage remains a major concern of the Federal…
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We have 1.8bn litres of fuel for Feb, March, says NNPC
The Nigerian National Petroleum Company (NNPC) Limited says it has put in place a “robust” plan for the supply of…
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Fuel subsidy now above N400bn monthly – NNPCL
The Nigerian National Petroleum Company Limited, today revealed that the amount spent as subsidy on Premium Motor Spirit, popularly called…
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FG orders massive distribution of petrol to marketers
Mr Timpre Sylva, Minister of State for Petroleum Resources, says Federal Government has taken bold actions to stop the ongoing…
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Tension, showdown looms as fuel marketers plan lockdown, Monday over N195 pump price
Independent marketers of Premium Motor Spirit, popularly called petrol, plan a lockdown on their operations beginning Monday once the government…
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