Oil & Gas
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Amidst biting scarcity, petrol price hits N300 per litre
The scarcity of Premium Motor Spirit, popularly called petrol, grew worse across the country on Thursday, as massive queues were…
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FG secretly approves fuel price increase to ₦185 per litre
The Federal Government has quietly approved ₦185 as the new petrol pump price per litre. A source told The…
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Fuel scarcity bites harder, marketers blame NNPCL
As the petrol scarcity across the country continues to linger, oil marketers have accused the Nigerian National Petroleum Company Limited…
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Oil blocs licensing to end in April as FG invites investors
The Federal Government has announced that the licensing round for seven deep offshore open oil blocs would be ending in…
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NNPC discovers oil in Nasarawa, to commence drilling in March
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was…
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‘End crude oil theft by May 29’, Buhari gives matching orders to security agencies
President Muhammadu Buhari on Thursday urged security agencies to eradicate crude oil theft and pipeline vandalism in the Niger Delta…
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Why Buhari couldn’t remove fuel subsidy — Adesina
The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina has explained why his Principal could not…
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FG to stop payment of fuel subsidy by end of June 2023
The Federal Government has said that it will stop the payment of fuel subsidy by the end of June 2023.…
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Fuel scarcity persists, still sells above official pump price despite DSS directive
Two weeks after the Department of State Services (DSS) directive, Premium Motor Spirits (PMS), popularly known as Gasoline or Petrol,…
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Military destroys 57 illegal refineries, apprehend oil thieves
Defence Headquarters says the troops of Operation Delta Safe have in three weeks discovered and destroyed 57 illegal refining sites…
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