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Oil and Gas

Latest Oil and Gas News

Signing Of PIB Does Not Remove Fuel Subsidy – Sylva

Minister of State for Petroleum Resources, Timipre Sylva has assured that the

PIB: Investments, transparency will now flourish in our oil, gas industry – Gbajabiamila

The Speaker, House of Representatives, Femi Gbajabiamila, says Nigeria’s oil and gas

Fuel Price Increase: Once More, FG Rejects Govs’ Advice, Says No to N380/Litre Proposal

Federal Government again on Friday maintained its stance, insisting that no decision

Shell appoints first female MD for exploration arm SNEPCO

Global energy firm Shell has announced the appointment of Mrs Elohor Aiboni,

Bayelsa govt seeks to reacquire OML 46 licence despite DPR’s stance

Indications have emerged that the Bayelsa Government has not given up on

Dangote Refinery: Bailing Out The Unbailable – By David Bako

It was hailed as the best thing to happen in the oil

Nigeria earned $34bn, lost $2.77bn to crude oil theft in 2019 – NEITI

Nigeria lost 42.25 million barrels of crude oil valued at 2.77 billion

Fuel Price To Increase After Buhari Signs PIB – Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday,

DPR Shuts Down 103 Filling Stations, 13 Gas Plants In Lagos

The Department of Petroleum Resources (DPR) on Tuesday said that it has

Lai Mohammed: FG spends N60bn annually to repair vandalised oil, gas points

The Minister of Information and Culture, Alhaji Lai Mohammed, says N60 billion

‘Track PIB implementation’ – Lawan urges lawmakers

President of the Senate, Dr. Ahmad Lawan, has urged lawmakers to track,

Oil producing states deserve more than 3 per cent allocation – IPMAN Chair

Mr Joseph Obele, Chairman, Rivers State Chapter of the Independent Petroleum Marketers

How Nigeria ‘accidentally’ discovered 206trn cubic feet gas reserve– Sylva

Minister of State for Petroleum, Chief Timipre Sylva, has said that the

Rainoil: No gas leakage in our depot

Rainoil Ltd has assured residents of Ijegun-Egba Community in Lagos State, where

Nigeria, other members lost $1trn to oil price plunge in 2 years – OPEC scribe

The Secretary-General, Organisation of Petroleum Exporting Countries( OPEC), Dr. Mohammad Barkindo, has

Kerosene, Diesel Most Expensive in Ebonyi, Benue In April — NBS

National Bureau of Statistics on Tuesday has said that Kerosene and diesel

Nigeria’s Rig Count Drops By 67% in April 2021

Organisation of Petroleum Exporting Countries, OPEC, revealed that Nigeria’s rig count has

Petrol Imports Rose By 100 Million Litres In January – NNPC

Latest figures from the financial and operations report of the Nigerian National

Oil Industry Generated N23.8bn VAT in First Quarter – NBS

A report released by National Bureau of Statistics (NBS) said that the

Colonial Pipeline Paid Hackers $5 Million In Ransom

Colonial Pipeline Co. paid nearly $5 million as ransom to East European

Nigeria’s Revenue Crisis May Worsen as India Slashes Crude Imports By $39.5bn

Nigeria’s revenue earning capacity has come under threat following the reduction of

We can’t continue fuel subsidy – FG

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the

Subsidy payment: NNPC slashes contribution to federation account

The Nigerian National Petroleum Corporation (NNPC) says increasing payment on fuel subsidy

Shell’s pipeline spills 213 barrels of crude into Bayelsa community

The Okordia-Rumekpe 14-inch crude truckline operated by Shell Petroleum Development Company (SPDC)

We’ll ensure no petroleum pump price increase- APC

The All Progressives Congress (APC) has assured that the pump price of

Petrol queues resurface in Abuja over price hike, scarcity speculation

Long queues have reappeared in Abuja for the purchase of Premium Motor

Why FG alone can’t crash cooking gas price – Marketers

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says the Federal

Shell confirms oil spill in Bayelsa community

The Shell Petroleum Development Company (SPDC) has confirmed oil spill from its

Fuel scarcity looms as tanker drivers threaten strike

The Petroleum Tanker Drivers (PTD) Branch of the Nigeria Union of Petroleum and Natural Gas

We will Maintain Current Petrol ex-Depot Price- NNPC

  The Nigerian National Petroleum Corporation (NNPC) says  it will maintain the