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A tour of Ibadan town the capital of Oyo State, has revealed that hawkers of PMS popularly known as petrol, are in different parts of the town, selling five litres of the product for N2,500 and four litres for N2,000.Motorists and…
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The biggest energy company in Africa , Nigerian National Petroleum Corporation Limited (NNPC) and its joint venture partners -Shell Petroleum Development Company of Nigeria Limited (SPDC), Totalenergies EP Nigeria Limited, and Nigerian…
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The Nigeria National Petroleum Corporation Limited has commenced loading of trucks at all depots to clear current scarcity experienced across the country.The Nigeria National Petroleum Corporation Limited added that there was…
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By YANGE IKYAA President of the Senate, Ahmad Lawan, has urged the government of President Muhammadu Buhari to transmit a bill to the National Assembly to amend the Petroleum Industry Act (PIA).Lawan made the call Tuesday…
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By YANGE IKYAAThe Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, on Wednesday said that current government policies and programmes being used to drive the Nigerian oil and gas…
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Huawei Technologies Company Limited says it has developed an intelligent pipeline monitoring system to help tackle crude oil theft in Nigeria.Li Wei, director, Huawei Nigeria, disclosed this on Tuesday at a news briefing on the…
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By YANGE IKYAASeplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced its audited results for the full year ended 31 December 2021,…
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Four weeks ago, Nigerians woke up to a rude shock as filling stations dispensed toxic petrol, which was later explained as excessive methanol content, that damaged many vehicles and left the owners in pain.Arising from that, it…
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There is a significant change in the last few months on oil asset ownerships in the country, especially in the upstream sector.For over 60 years Shell, Exxon Mobil, Chevron, Agip, Texaco and Total, were all synonymous with the…
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The Nigerian Extractive Industries Transparency Initiative (NEITI) is lamenting the loss recorded in the Nigeria downstream and midstream sector. Many international oil companies and big firms are gradually divesting from the…
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