Oil & Gas
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Reactions trail IMF’s confirmation that Tinubu has returned petrol subsidy
Mixed reactions have trailed the confirmation by the International Monetary Fund (IMF) that the federal government has resumed the payment…
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Shell resumes crude supply to Port Harcourt Refinery with 475,000 barrels
The Shell Petroleum Development Company of Nigeria (SPDC) says it has resumed crude supply to the Port Harcourt Refinery with…
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Petrol queues get longer as scarcity worsens in Lagos, environs
Petrol scarcity has worsened in Lagos and its environs as many motorists and other users make frantic efforts to buy…
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Nigeria fails to meet oil production targets in 10 years
Despite having crude oil in abundance, Nigeria has consistently failed to meet oil production targets as stipulated in national budgets…
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Marketers predict fresh hike in petrol, as PH refinery begins test-run
The Federal government, on Wednesday, said the Port Harcourt Refinery Company is still being test-run, promising that refined petroleum products…
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Nigeria loses nothing from oil companies’ asset divestment, says Minister
Following the mass divestment of assets belonging to some International Oil Companies (IOCs), the latest being Shell Petroleum Development Company…
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Shell to exit Nigeria’s onshore oil after nearly a century, to sell subsidiary for $2.4bn
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell…
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7 major marketers get approval to sell Dangote fuel
Seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined…
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Dangote Refinery begins production
The Dangote Refinery has started production. The largest single-train refinery in the world located in Nigeria’s commercial hub began operations…
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Bayelsa community reports ‘mystery’ oil spill
FOROPA, a fishing settlement along the Atlantic coastline in Southern Ijaw Local Government Area of Bayelsa, has reported a ‘mystery’…
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