Fuel scarcity: IPMAN seeks FG’s intervention, as 9,000 marketers may lose their licences
• To avert fuel crisis, IPMAN implore NMDPRA, NNPC not to remove operators from sales portal. • Pump price drops though qu...
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NNPCL Handover pipelines rehabilitation to private firm, builds storage facility at PHC refinery
NIGERIA, Jan. 25 – The Nigerian National Petroleum Company Limited (NNPCL) stated on Wednesday that it has constructed a 150 m...
OPEC confirmed Nigeria’s crude oil production increases to 1.4mbpd
NIGERIA, Jan. 18 – Nigeria’s crude oil production increased to 1.418mbpd in December 2023, according to a report by the Organi...
NNPCL to Technically Privatized Port Harcourt refinery
NIGERIA, Jan. 16 – The federal government of Nigeria, the owner of Port Harcourt Refinery through the Nigerian National Petrol...
NNPCL, TotalEnergies Signs MoU on Adoption of Methane Detection Technology as the energy giant Boss lauds NNPCL Reforms
NIGERIA, Dec. 19 – The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) wit...
Total Energies to Invest $6bn in deep water exploration, gas production
NIGERIA, Dec. 19 – The Nigeria oil and gas sector is unarguably the sector with the largest foreign investment in the country....
Host Communities decry deprivations of Development Trusts Funds by oil operators
NIGERIA, Oct. 30 – The Nigeria Oil and Gas Producing Host Communities under the name (HostCom), have laments decline and irrev...
Crude Oil prices drop slightly after Wednesday’s Increase
WORLD, Oct. 19 – The international market for crude oil has been experiencing some level of uncertainty due to the instability...
Middle East Tensions: Crude Oil market bracing for what’s next, as Uncertainty looms — Barrons.com
WORLD, Oct. 16 – An uneasy calm is hanging over markets early Monday as Israel prepares a ground invasion of Gaza a week after...
Indigenous oil Companies acquire 26 divested licenses in the las decade
NIGERIA, Oct. 12 – Indigenous oil companies have acquired about 26 oil mining licenses in the Niger Delta basin area in the la...