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• NNPC, Shell, other spills worth N2.8b in months • Experts question integrity of oil infrastructure as failure persist  • IOCs must be forced to clean up as they divest, stakeholders demand As International Oil Companies (IOCs) are…
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The Minister of State for Environment, Honourable Sharon Ikeazor, has yesterday completed an inspection of the Santa Barbra Well 01 spill site operated by Aiteo Eastern E&P Co. Ltd. accompanied by The Director General of the…
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The Nigerian National Petroleum Corporation (NNPC) announced on Wednesday that it earned N2.56 trillion revenue from the sale of petrol, kerosene and diesel in about 13 months. In a statement issued in Abuja, NNPC disclosed that…
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…Govt pays N1.2trn for petrol subsidy in 11 months The Nigerian National Petroleum Company Limited, NNPC’s, remittances to the Federal Accounts Allocation Committee, FAAC, has continued a downward trend, as its funding performance…
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At least ten cargoes of liquefied natural gas (LNG) have recently been diverted from Asia to head west drawn by Europe's record high prices amid supply concerns ahead of peak winter demand, industry sources said. European and…
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…As Gas Production Goes up 4% A total sum of ₦203.73billion was made on the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the Nigerian National…
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This year’s energy crunch is threatening to derail Europe’s economic recovery as gas and electricity costs soar to fresh records. Prices surged more than 20% on Tuesday after Russia curbed gas flows to Europe and France, usually a…
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The astronomical rise in the cost of cooking gas is posing is a serious problem for consumers. As of today, a 12.5 kg of gas is sold for no less than N10,000. At the same time, a 20 metrics tonnes of Liquefied Petroleum Gas (LPG) is…
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A group has decried the false report by some online media platforms that a US Court has Subpoenaed President Muhammadu Buhari alongside other prominent members of his government over Engr. Simbi Wabote, the Executive Secretary of the…
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"There might be a slight increase in the cost of the products as dealers were already experiencing increased depot prices" The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has assured of the availability…
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