Oil & Gas
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Senate rejects NNPCL’s explanations on missing ₦210trn
The Senate, on Tuesday, through its Committee on Public Accounts, rejected the written explanations submitted by the management of the…
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ECCIMA Applauds FG’s “Nigeria First” Policy, says 15% Import Tax on PMS and Diesel Will Boost Jobs and Economic Growth
The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15%…
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Nigeria’s earnings from crude oil sales tumble by N824.66 billion in 2024
Nigeria’s gross profit from crude oil and gas sales fell by N824.66 billion in 2024, even as overall oil receipts…
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FG urged to suspend 15% import tariff on petrol
The Peering Advocacy and Advancement Centre in Africa (PAACA) has told the Federal Government to suspend or outrightly reject the…
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Dangote reduces gantry petrol price to ₦828/litre
THE Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, PMS, also known as petrol, to…
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Senate uncovers unaccounted ₦300bn in crude oil proceeds
The Senate Ad-hoc Committee investigating crude oil theft in the Niger Delta has uncovered about ₦300 billion in unaccounted crude…
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MAN backs 15% petrol, diesel import tariff
THE Manufacturers Association of Nigeria (MAN) says the recently approved 15 per cent import tariff on petrol and diesel will…
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ADIPEC 2025: NNPC Ltd Calls For Pragmatic Partnerships, Investment To End Energy Poverty
The Nigerian National Petroleum Company (NNPC) Limited has called for bold global partnerships and investments to end the phenomenon of…
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Nigeria on track to hit 2m bpd oil production by 2027 – NNPC
THE Nigerian National Petroleum Company Limited (NNPC Ltd.), says Nigeria remains on track to grow crude oil production to two…
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$50bn secured for refinery, free zone development in Ondo, says Backbone Infrastructure
Backbone Infrastructure Nigeria Limited (BINL) says it has secured over $50 billion for the development of a “500,000-barrels-per-day refinery and a…
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