The Federal Government has revealed that Nigeria is losing 400,000 barrels per day to crude theft, which has hampered the country's ability to make money during a time of high…
The Federal Government of Nigeria has assured its citizens that it continues to subsidize fuel prices despite the ongoing fuel queues in the capital city. Chief Timipre Sylva, Minister of…
TotalEnergies, who jointly manage Oil Mining Licence (OML) 99 together with the Nigerian National Petroleum Company Limited (NNPC) declared on Monday that production from the Ikike field had begun. Total…
The Nigerian National Petroleum Company, NNPC, has denied issuing the directive on Nigeria’s new petrol price. The company claimed that the Nigerian Midstream and Downstream Petroleum Regulatory Authority, or NMDPRA,…
The Federal Government said on Wednesday 13th June 2022 that it was currently consulting with oil marketers on issues pertaining to the price of Premium Motor Spirit popularly known as…
According to a statement issued on Saturday 2nd June 2022 by Kimchi Apollo, the general manager of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), corporate communications department. The…
After meeting with oil firms last week, Nigeria's oil minister said on Friday 24th June 2022 that he anticipates some security improvements in the industry, allowing the continent's largest oil…
On Monday, long queues for fuel forced drivers to spend hours at filling stations in the main cities of Lagos, Abuja, and Ogun. The PUNCH witnessed long queues at various…
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Tuesday blamed the present scarcity of fuel on the high cost of diesel for transportation. Mr. Benneth Okorie, the…
As output from legacy projects diminishes, African hydrocarbon producing nations are boosting oil and gas licensing rounds in order to stabilize hydrocarbon supply in the coming years and satisfy growing…