Oil & Gas
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Nigeria’s Oil Production Rises 16.7m Barrels in H1 Amid Demand for Additional Output
Nigeria’s crude oil production increased by 16.7 million barrels in the first six months of 2024, compared to the same…
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$1trn Economy: Public Sector Firms Get Corporate Governance Code
As part of efforts to achieve the $1 trillion economy for Nigeria, the Financial Reporting Council (FRC), the Ministry of…
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Seplat’s N185 billion decline drags NGX to lowest level in two weeks
Seplat Energy Plc experienced a significant decline on the Nigerian Exchange (NGX) today, with its share price falling by 8.30%…
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Queues spread as petrol hits N1,100/litre in Abuja, others
The queues for Premium Motor Spirit, popularly called petrol, persisted in Abuja and neighbouring states on Monday, as it also…
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NNPC blames fuel queues on thunderstorm, assures of improved supply
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the fuel queues in the FCT and parts of the country…
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ICYM: Dangote refinery: Crude supply crisis threatens oil investments, operators warn FGICYM
The domestic crude oil supply crisis that recently led to accusations and denials in the oil sector may warrant an…
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Oil Refiners Back Dangote, Decry IOCs’ Refusal to Sell Crude to Local Refineries
The Crude Oil Refineries Association of Nigeria (CORAN) has backed Dangote Oil Refinery and Petrochemicals Limited on its recent allegation…
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NNPC Ltd Disclaims Report on Alleged Inflated Subsidy Claims
The Nigerian National Petroleum Company Limited (NNPC Ltd) notes with dismay a report in a section of the media alleging…
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Benin Court Sends Three Oil Thieves to Jail
Justice I. M. Sani of the Federal High Court, Warri on Tuesday May 21, 2024 convicted and sentenced the trio…
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Reps To Probe NNPCL, AGIP Over Alleged Diversion Of $72m Owed Nigerian Coy
The House of Representatives, on Tuesday, resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and a multi-national oil…
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