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Dr. Godswill Akpabio, the President of the Senate, has conveyed optimism about Nigeria's potential to meet the Organisation of Petroleum Exporting Countries (OPEC) quota of 1.8 million barrels per day.…
The Delta State Government has mandated its Ministry of Oil and Gas to establish modular refineries, gas turbines as well as invest in marginal oil wells. The State Commissioner for…
Nigeria’s rig count, an index measuring upstream activities in the oil and gas industry, rose, Year-on-Year, YoY, by 61.1 per cent to 29 in September 2023, from 18, recorded in…
Oil marketers will soon resume importation of Premium Motor Spirit (PMS), popularly known as petrol into Nigeria as the Federal government moves to end the Nigerian National Petroleum Company Limited…
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) has announced the company is 80 per cent ready for an Initial Public Offer(IPO).…
The measures currently being implemented by the Nigerian National Petroleum Company Limited to tackle crude oil theft and pipeline vandalism is yielding tremendous results as the Nigerian oil and gas…
The Federal Government lost about N843bn to gas flaring between January 2022 and August 2023, data obtained from the National Oil Spill Detection and Response Agency has shown. NOSDRA, in…
The Dangote Petroleum Refinery’s admission that it missed its August target date for production due to the unavailability of crude oil from the Nigerian National Petroleum Corporation Limited highlights the…
The Niger Delta Power Holding Company (NDPHC) has expressed concern over the current pricing of domestic gas in foreign currency. This concern stems from the fact that the non-availability of…
Goldman Sachs has predicted oil price likely to rise to $100 again, citing lower production output from the Organization of Petroleum Exporting Countries, OPEC combined with higher demand, which taken…