The Federal Government has released N122 billion to six gas infrastructure companies with the goal of transforming the midstream gas value chain across the country. The...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged stakeholders to utilise its 2022/2023 oil and gas report for civic engagement, constructive dialogue, and public debate....
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Mr...
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,974.55 recorded in July 2024 to N6,430.02 in August...
Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping Brent to recover from below $69...
Federal government said that the $550 million upstream gas project between the Nigerian National Petroleum Corporation Ltd and TotalEnergies on the development of the Ubeta field...
The Nigerian National Petroleum Company has has tightened its grip on the Nigerian oil gas sector as it increased the price of petrol by 11 per...
Bayelsa State government says it will engage host communities to ensure effective implementation of the Host Community Development Trust. The state Commissioner for Environment, Mr. Ebi...
The Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu over the recent increase of petrol price to N845 per litre. It is seeking...
Nigerian National Petroleum Company (NNPC) Ltd. on Saturday deployed more than 100 trucks to Dangote Refinery for petrol lifting. The NNPC Ltd. in a post on...
Governor Douye Diri of Bayelsa State, has urged Oando Energy Resources Nigeria Limited, which recently acquired the Nigerian Agip Oil Company (NAOC), to accept the liabilities...
Nigerian communities are claiming N505 billion in damages from Shell, which they accuse of breaching an existing court order by striking a deal to sell its...
Ebonyi State Government has sealed three filling in stations within the Abakaliki metropolis in the State. The petrol stations were sealed following their alleged involvement in...
Dangote Refinery, has accused oil marketers of complaining to President Bola Ahmed Tinubu that the drop in price of the company’s diesel to N900 per litre,...
Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its demand forecast for this...