OIL & GAS
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Nigeria, Morocco begin 5,600km gas pipeline project
The Nigerian National Petroleum Company Limited and the Office National des Hydrocarbures et des Mines of Morocco, on Thursday,…
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Osinbajo: Why Nigeria should benefit more from its gas reserves
The use of gas as a transition fuel will not only help in stemming deforestation but advance Nigeria’s broader…
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Angola, Libya overtake Nigeria in crude production – OPEC
Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, as Angola and Libya overtook Nigeria by producing…
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Fuel sales push Nigeria’s foreign trade to N25.84tn
Increased crude oil sales have pushed Nigeria’s foreign trade by 47.07 per cent year-on-year to N25.84tn in the first half…
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PENGASSAN threatens 30-day shutdown, Nigeria risks N1.37tn loss
•Union stages protests in Abuja, Warri, Kaduna, P’Harcourt Protesting members of the Petroleum and Natural Gas Senior Staff Association of…
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Why Nigeria should end fuel subsidy – Akabueze
The Director General of the Budget Office of Nigeria, Ben Akabueze, says the trillions of naira spent on fuel…
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Angry oil workers blame soldiers, protest today
The Petroleum and Natural Gas Senior Staff Association of Nigeria on Wednesday threatened showdown with the Federal Government over the…
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Fuel scarcity hits Abuja as marketers shut stations
Many fillings stations were shut on Tuesday leading to lengthy queues by motorists for Premium Motor Spirit, popularly called petrol,…
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NERC plans N5bn for tech investments
The Nigerian Electricity Regulatory Commission has said it will spend N5bn on technology investments between now and 2025. The Chairman,…
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Discos fail to utilise 1,936MW despite blackouts – FG
The 11 power distribution companies in Nigeria did not utilise a total of 1,936.26 megawatts of electricity in one week…
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IPMAN begins strike, fuel scarcity imminent in North
Abuja, Kaduna, Nasarawa, Kogi, Niger and neighbouring states may encounter another round of scarcity of Premium Motor Spirit, popularly called…
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NNPC defends 68m-litre daily consumption, backs forensic audit
The Nigerian National Petroleum Company Limited on Sunday insisted that daily supply of Premium Motor Spirit, popularly called petrol,…
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95% Of Production At Nigeria’s Main Oil Hub Is Being Stolen
. Nigeria recovers N86.2bn stolen oil in one month For decades, the illicit marketplace for oil and gas has plagued…
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Bayelsa Community Calls For Urgent Intervention In Continuous Oil Spillage
The Peremabiri community in Bayelsa on Friday decried the continuous unattended oil spillage in the area. Mr Return Koma, Chairman, Peremabiri Community Development Committee, decried…
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Gas price rises 122%, household incomes shrink
Amid the Federal Government’s N250bn intervention funds on the National Gas Expansion Plan, which intends to deepen usage across…
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10 states to produce 1,000MW solar power – FG
The Federal Government, on Wednesday, said 10 states were to contribute 1,000 megawatts of off-grid electricity to the quantum…
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Gas infrastructure deficit requires $2bn annually, says FG
The Federal Government on Tuesday put the estimated amount required to bridge Nigeria’s gas infrastructure deficit at $2bn annually. The…
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Dangote refinery gets 300,000 barrels/day from NNPC
The Nigeria National Petroleum Corporation Limited will have the first right of refusal to supply the Dangote refinery with about…
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Families suffer as kerosene price rises by 99%
…country ranks 2nd globally on highest price Consumers of household kerosene, also known as cooking kerosene, paid 99 per cent…
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Idle refineries workers earn N136b amid $3b upgrade cost
• Community leaders lament local content violation, N2m bribe per job slot • NNPC silent as stakeholders raise concerns over profitability,…
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