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Crude oil prices rallied yesterday with slight gain to begin the week on a positive. While the Brent crude traded at $66.99, recording a gain of $0.62 or 0.93 per cent, the West Texas Intermediate (WTI), also gained $0.32, or 0.51 per…
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Femi Falana, a Senior Advocate of Nigeria (SAN), has stated that since the federal government removed fuel subsidy, the money shared among the three tiers of government has increased greatly. He said the statutory allocations, which…
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...Brent crude futures rose 36 cents, or 0.5%, to $67.35 a barrel by 7:32 AM WAT, while U.S. West Texas Intermediate crude was at $63.05 a barrel, up 36 cents, or 0.6% Oil prices rose on Monday as investors assessed the impact of…
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Reactions have continued to trail the ongoing crisis between Dangote Refinery and the National Union of Petroleum and Gas Workers (NUPENG) with some Nigerians describing the union’s action as capable of scaring away potential…
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By Danlami Nasir Isah Oil and Gas Trainers Association of Nigeria (OGTAN) has restated its resolve to continue grooming effective fit-for-purpose skill set for stronger and more resilient energy industry in Nigeria. President of…
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Nigeria LNG Limited (NLNG) has announced a strategic shift toward third-party gas sourcing to sustain production and meet growing energy demands across Africa and global markets. Nnamdi Anowi, General Manager, Production, NLNG,…
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The Dangote Petroleum Refinery has reduced the price of petrol from 840 naira to 835 naira per litre after reaching an agreement with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). NUPENG had earlier threatened to…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the successful conversion of Ingentia Energies’ Petroleum Prospecting Licence (PPL 2022) into a Petroleum Mining Lease (PML 66), marking a major milestone in…
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The war between the Nigeria Union of Petroleum and Natural Gas Workers, (NUPENG), and the Dangote Group reached a new dimension on Thursday as the union accused the conglomerate of undermining workers’ rights and attempting to weaken…
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NUPENG The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the $20 billion Dangote Petroleum Refinery has collapsed, raising fears of renewed industrial action and fuel supply disruption. …
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