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Ahead of the July 19 public unveiling of the Nigerian National Petroleum Limited as a fully operational commercial firm, Nigeria’s state-oil firm is battling to rein in subsidies on petrol even as marketers demand new subsidies on…
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Emphasising on Nigeria’s downstream sector in a panel session, Chairman of Major Marketers Association of Nigeria (MOMAN) and Chief Executive Officer of Ardova Plc, Mr. Olumide Adeosun, made his point clearly that Nigeria needs a…
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The African Refiners and Distributors Association (ARDA) have raised alarm over the impacts of Environmental, Social, and Governance (ESG) issues on financing for oil and gas projects, insisting that unless borrowers like Nigeria and…
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The Federal Government has said Nigerians, especially residents of the Federal Capital Territory (FCT) and some other cities, may continue to witness fuel queues until there was complete deregulation of petrol. Minister of State for…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has taken a swipe at international oil companies (IOCs) operating in the country, urging them to stop the maltreatment of…
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After raking in N203.91 billion from 29 investors, the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is demanding speedy exploration of crude oil to boost efforts at meeting the production…
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Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, as queues for the product…
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By Yange Ikyaa The Nigerian National Petroleum Company Limited (NNPC) has distanced itself from a recruitment announcement that is currently making the rounds across various channels as the handwork of mischief makers, who are out…
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Amid the growing concern of continuous theft of crude oil in Nigeria, Shell Petroleum Development Company of Nigeria Limited has said its existence in the country is being threatened. According to Mr Osagie Okunbor, the company’s…
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