Oil & Gas
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Seplat majority shareholders uphold OF half-year results
A group consisting of shareholders with major stake in Nigeria’s indigenous oil giant, Seplat Energy has vouched for the authenticity,…
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Petrol price will fall to N70 per litre, Markers predict
Oil marketers claim that once local refining is fully operational, the cost of petrol will be reduced by at least…
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Oil companies pay $85.1million as gas flaring penalty in 6 months – NNPC
The Nigeria National Petroleum Limited, NNPC Ltd, says that it has collected $85.1 million in six months from all companies…
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Fuel subsidy removal having a negative toll on refineries in Europe Report
The removal of the petrol subsidy by President Bola Tinubu is taking a toll on European refiners, according to Reuters.…
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NDDC to secure future of Niger Delta beyond oil – Ogbuku
The Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, says the Commission is focused on deepening…
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Hike in Fuel Price: Business operators panic, fear shutdown, job losses
Members of the organised private sector, on Wednesday, expressed fear over the possible shutdown of businesses and job losses following…
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N617 Per Litre: Fuel demand crashes by 50 per cent
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the hike in the price of products due to…
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Marketers attribute petrol price hike to naira devaluation, others
The recent increase in the cost of Premium Motor Spirit, commonly known as petrol, has been attributed by marketers to…
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Fuel Palaver: It’s illegal for NNPCL to fix fuel price — Falana
Human rights lawyer Femi Falana, SAN, criticised the Nigerian National Petroleum Company Limited for its adjustment of the pump price…
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Energy Crisis: Dangote Refinery speaks on deadline for commencement of production
As Nigerians await the coming onboard of petroleum products from Dangote’s multi-billion dollar refinery project, the Company on Wednesday said…
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