Oil & Gas
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How top government officials facilitated $1.2bn crude oil, gas theft – Security sources
Security sources have disclosed that the real looting of Nigeria’s crude oil and its by-products is neither through illegal bunkering,…
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Despite hike in many states, FG debunks approval of increase in petrol pump price
Minister of State, Petroleum Resources, Mr. Timipre Sylva, on Monday, dismissed insinuations that the Federal Government has approved a new…
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FG’s move against Seplat, ExxonMobil $1.3bn deal inimical, against national interest – ISAN
The National Co-ordinator of Independent Shareholders Association of Nigeria (ISAN), Dr Anthony Omojola, has said that the recent effort to…
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Dangote Petrochemical Plant to position Nigeria as polypropylene hub in Africa
The Dangote’s $2 billion Petrochemical Plant located in Lagos when fully operational will position Nigeria as one of Africa’s largest…
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N165 petrol pump price no longer realistic — Marketers
Major Oil Marketers Association of Nigeria, MOMAN, said the regulated N165 pump price for Premium Motor Spirit, PMS, also known…
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Fuel: Black market price hits N350 per litre as scarcity worsens in Abuja
The lingering fuel scarcity worsened in some parts of the country with motorists buying petrol between N300 and N350-litre in…
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Crude oil theft in Nigeria an ‘organized crime’ – Chevron CEO
Crude oil theft in Nigeria is organized crime and should be differentiated completely from host community issues. This is according…
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Fuel hits N250 per litre in Abuja, others, queues spread
Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on…
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Petrol scarcity worsens in Abuja, Lagos, despite assurances by FG
Despite assurances of supply and continuous provision of service, scarcity of Premium Motor Spirit (PMS) has failed to abate in…
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Energy Crisis: No end in sight to fuel scarcity anytime soon, warns NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has warned that fuel scarcity would not end in Nigeria…
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