Oil & Gas
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Fuel queues resurface in Lagos
Long queues built up in filling stations across Lagos State Friday, creating fears of impending fuel scarcity. Our correspondent,…
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13% Derivative Fund: Oil-producing states received N85.10bn in February – NBS
The Federal government disbursed N85.10billion to nine oil-producing states as the 13 per cent derivative from oil and gas revenue…
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How FG spends N17.72bn daily on petrol subsidy through crude oil sales proceeds
There are indications that the federal government through the Nigerian National Petroleum Company Limited (NNPC Ltd) is now spending N17.72…
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Port Harcourt Refinery to resume production end of March — Kyari
The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mr Mele Kyari, on Thursday said the Port Harcourt…
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FG, OPEC disagree on Nigeria’s crude oil production
The Federal Government and the Organisation of Petroleum Exporting Countries (OPEC) have disagreed on Nigeria’s average daily crude oil production,…
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Nigeria’s crude oil production drops by 7.94% – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) said Nigeria’s crude oil production month-on-month dropped by 7.94% to 1.322 million barrels…
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FG halts gas exports to crash price, end scarcity
The federal government has announced the suspension of liquefied petroleum gas (LPG) exports. Ekperikpe Ekpo, minister of state for…
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Tanker drivers call off strike as FG begins bridging claims payment
The Nigerian Association of Road Transport Owners (NARTO) has called off its strike as the Federal Government has announced payment…
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Fuel scarcity imminent as NARTO directs tanker drivers to withdraw operations from today
The Nigerian Association of Road Transport Owners (NARTO) says it has directed all its members to withdraw their petroleum trucks…
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Fuel scarcity looms as tanker drivers vow to stop petrol lifting
Nigeria may witness another round of fuel scarcity as the Nigerian Association of Road Transport Owners(NARTO), on Thursday, vowed to…
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