Oil & Gas

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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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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