Oil & Gas

Energy Crisis: Over 50% of cooking gas users switches to firewood, charcoal – Retailers

Energy Crisis: Over 50% of cooking gas users switches to firewood, charcoal – Retailers The Liquefied Petroleum Gas Retailers (LPGAR), branch…

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Energy Crisis: Cooking gas shortage worsens amid Nigeria, Africa’s paltry 4% stake in global consumption

Nigeria’s cooking gas crisis may take a turn for the worse in the days ahead despite latest statistics that Nigeria…

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FG can’t remove fuel subsidy now – NNPC, marketers, experts

The Nigerian National Petroleum Corporation (NNPC), oil marketers and experts on Sunday explained why the Federal Government could not stop…

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BREAKING: NUPENG suspends planned Monday’s nationwide strike

The National Union of Petroleum and Gas Workers (NUPENG) has announced the suspension of the planned strike by its affiliate…

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NNPC pleads with petroleum tanker drivers to shelve planned strike

The Nigerian National Petroleum Corporation (NNPC) has pleaded with petroleum tanker drivers to immediately shelve their planned strike in order…

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Fuel scarcity looms in the South-West as marketers, tanker drivers halt products loading

Scarcity of petroleum products looms across the Southwestern states as the Petroleum Truck Drivers (PTD), the Independent Petroleum Marketers Association…

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Prices of electricity, petroleum products to increase as FG concludes plans on subsidy removal in 2022

The Federal government has hinted at plans to remove subsidies on petrol and electricity in 2022, meaning Nigerians are to…

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IOCs contemplating leaving Nigeria’s onshore operations over litigations — Sylva

The Minister of State for Petroleum, Chief Timipre Sylva, has revealed that many Independent Oil Companies (IOC’s) were contemplating leaving…

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OPEC hinges attainment of global 6.9mbpd refining capacity addition on Dangote Refinery

Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost…

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Nigeria owed N2.659trn by 77 oil companies in unremitted funds – NEITI

As Nigeria continues to grapple with revenue shortfall and has gone borrowing to finance its huge budget deficit with debt…

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