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OPEC and its oil-producing partners have rebuffed President Joe Biden’s calls for increased production amidst rising fuel prices, retorting that if the United States believes the world’s economy needs more energy, then…
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"They sold their products in 10-litre Jerry cans at a price between N2,000 and N2,500 to motorists who could not stay in queues at filling stations"Black marketers of petrol surfaced in parts of the Ilorin metropolis on Tuesday as…
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"They were already out of business because of the rising costs of trucks and spare parts in the fuel haulage sub-sector of the economy"Fuel PumpThe Borno and Yobe States’ chapters of the Independent Petroleum Marketers Association…
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The Federal Government, Nigerian National Petroleum Corporation (NNPC) and Shell Petroleum Development Corporation (SPDC) are working together with a view to producing three billion standard cubit feet of gas per day from four projects…
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The Group Managing Director (GMD/CEO) of the Nigerian national Petroleum Company, NNPC Ltd, Mallam Mele Kyari, has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit- making…
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"Harnessing Nigeria’s vast gas resources was key to developing the country" …The multinational oil company has also provided access to nearly $1.5 billion in loans to 764 Nigerian vendors under the Shell Contractor Support Fund…
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Nigeria loses about 42.25 million barrels of the nation’s crude oil worth N1.4 trillion ($3.5 billion) yearly to a few described as “elites”.Mele Kyari, Group Managing Director Nigerian National Petroleum Corporation NNPC revealed…
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The Nigerian National Petroleum Company, NNPC has advised the general public not to engage in panic buying of Premium Motor Spirit, more commonly known as petrol.The NNPC, in a statement said it has over 1.7 billion litres of…
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*Many petrol stations in cities across Kano state have reportedly shut down over a possible increase in fuel prices*The incident has rendered many of the motorists and passengers moving from one point in the state to another…
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“Today, as we all know, we are energy deficient, we have challenge in electricity supply and even many other infrastructure” Nigeria has stepped into the global Liquefied Natural Gas (LNG) market for the first time in 22 years,…
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