Oil & Gas
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Marketers remain upbeat as petrol scarcity enters third week
Petrol supply challenges facing the country entered its third week yesterday with marketers remaining upbeat about the situation following the…
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Shell, ExxonMobil, others to divest from 26 oil blocs in Nigeria
Not less than 26 oil blocs with a current average production capacity of 346,290 barrels per day in the oil…
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Israel-Iran crisis responsible for fuel scarcity — IPMAN
The National Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), James Tor, has cited the Israel-Iran crisis as…
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Oil marketers to Tinubu: Complete Port Harcourt refinery to combat fuel scarcity
As fuel scarcity continues to disrupt daily life in some states of the country, the Independent Petroleum Marketers (IPMAN) has…
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Petrol scarcity worsens nationwide, as activities of black marketers shut up price
The scarcity of premium motor spirit (PMS), commonly referred to as petrol, has persisted nationwide, giving rise to the proliferation…
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‘NNPCL not supplying us,’ oil marketers cry out as fuel scarcity hits states
Marketers have blamed the fresh scarcity of Premium Motor Spirit (PMS) popularly known as petrol on a supply challenge from…
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Fuel hits N1,000 per litre as scarcity bites harder in Kaduna
Fuel scarcity is biting hard on Kaduna residents as motorists are forced to buy the product for as high as…
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Motorists lament as long queues resurface in Abuja due to fuel scarcity
Motorists in the Federal Capital Territory (FCT), have expressed worry over the long queues being presently experienced due to scarcity…
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Dangote Refinery slashes diesel price to N1,000 per litre
The $20 billion Dangote Petroleum Refinery has slashed the price of diesel by 16.6 per cent to N1,000 per litre,…
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Libya overtakes Nigeria as Africa’s biggest oil producer
Libya has displaced Nigeria as the biggest oil producer in Africa producing an average higher figure of 1.236 million bpd-…
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