Oil & Gas
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Anxiety over oil output, exploration as 55 licences expire this year
Over 55 oil licences across oil blocks in the Niger Delta will expire before the end of 2025 with affected…
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Why marketers may not immediately reduce petrol price after Dangote refinery price cut — PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said that the latest reduction of the ex-depot price…
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Dangote Refinery crashes ex-depot price of fuel to N890
In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium…
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Low crude supply mars Naira-for-Crude Scheme – Report
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell…
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Global Oil Price Hikes: We’re committed to shielding Nigerians from soaring fuel costs – Dangote Refinery
Dangote Petroleum Refinery has taken significant steps to protect Nigerian consumers from the impact of rising global crude oil prices,…
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Petrol price shoots up as depots adjust loading cost
The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased yesterday. It…
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Niger Delta indigenes frown at FG’s licensing of oil blocs, issue 7-day ultimatum for reversal
A group, under the auspices of Niger Delta indigenes, has issued a seven-day ultimatum to the Nigerian Upstream Petroleum Regulatory…
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NNPC’s $1bn investment in our refinery a drop in the ocean, says Dangote
Aliko Dangote, chairman of Dangote Industries Limited, says the Nigerian National Petroleum Company (NNPC) Limited’s $1 billion investment in the…
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Host communities demand payment of 3% royalties by oil firms
Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) yesterday cautioned international Oil Companies (IOCs) against flouting the provisions of…
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Christmas Festivities: We have enough fuel supplies, IPMAN assures, cautions against ‘panic buying’
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has assured Nigerians that there are enough fuel supplies in the country…
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