The Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has requested that the Nigerian National Petroleum Company Ltd. (NNPCL) provide the same opportunity for IPMAN to…
The Nigerian National Petroleum Company (NNPC) Limited has finally provided reason for the recent fuel scarcity being witnessed in various parts of the country including Lagos, Abuja, and some other…
In many areas of Lagos, commercial bus fares have risen by as much as 50 percent including on ride-hailing apps, and food prices are also trending upwards as Nigeria cannot…
The National President of the Independent Petroleum Marketers Association, IPMAN, Elder Chinedu Okoronkwo, has blamed private depot operators for causing price distortion in the downstream oil sector. He told Oriental…
According to the Africa energy chamber, Nigeria’s crude oil production is expected to grow to 1.75 million barrels per day(bpd). The AEC noted this in its state of African energy…
According to the World Bank‘s recent commodity markets outlook report that was released on October 26, oil prices are expected to experience a decline from now till 2024. According to…
Nigeria’s oil and gas exports are at risk of declaring force majeure following the high rate of flooding in some states like Rivers, Delta and Bayelsa states in the Niger…
Oil major, Shell’s Nigerian subsidiary will be starting an investigation over reports that an illegal oil tap ran for nine years on a pipeline it operates, a Spokesperson said on…
The Nigerian National Petroleum Company, Limited, NNPC, says it has enough stock of Premium Motor Spirit, PMS also called petrol enough to meet domestic demand. Fuel queues grew longer in…
The Nigerian National Petroleum Company (NNPC) Limited has denied allegations that it is operating secret accounts. The state-owned oil company claimed that it does not operate a secret account through…