Oil & Gas
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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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‘Allow Nigerians breathe,’ reactions as NNPCL increases petrol pump price to N617
Some Nigerians have taken to social media to express displeasure over the latest increase in the price of petrol by…
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Market forces responsible for Increase in petrol price, not shortfall in supply – NNPC
The Nigerian National Petroleum Company (NNPC) Ltd., has attributed the increase in the price of Premium Motor Spirit (PMS) also…
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