According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s gas reserves grew to 209.5 trillion cubic (tcf) in 2022 which ranks as the...
A oil rig contracted by SEPLAT/NNPCL joint venture capsized yesterday in Delta State. The incident involving the Majestic rig near Ovhor, Delta State happened in the...
In its interim results for the period that ended in June 2023, Golar LNG said it signed heads of terms with Nigeria National Petroleum Corporation for...
The Senior Special Assistant to President Bola Ahmed Tinubu on Public Affairs, Ajuri Ngelale has said that more refineries in Nigeria, will not lead to lower...
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria requires $20 billion annually to achieve the desired gas expansion plan to bridge the country’s gas infrastructure....
President Bola Tinubu has assured that measures would be taken to stabilise the supply and demand of petrol in the country. The Presidential spokesman, Ajuri Ngelale,...
The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for Corruption...
By Akinyemi Precious According to a report from S&P Global Commodity Insights, fuel imports into Nigeria fell to 106,000 barrels per day (bpd) in July 2023,...
Despite economic disruptions caused by the Russia-Ukraine conflict and the aftermath of the COVID-19 pandemic, NIPCO Plc has released its audited financial statements (AFS) for 2022,...
Effective from Saturday, August 12, diesel prices hit N867 per litre in Lagos state and N875 in the Southwest region. This is because Diesel prices are...