Oil/Gas Reports

The highest average price for petrol before the coronavirus pandemic was 1.425 pounds per litre in April 2012.

Mr Mbasogo said said the signing of the agreement was strategic for Africa’s development.

The NNPC LTD said the sulphur content of the new crude is 0.0655 per cent.

The individuals will appear before Westminster Magistrates’ Court on 10th September.

NERC said that electricity distribution companies (DisCos) can now purchase electricity directly from generation companies (GenCos) without NBET acting as...

Mr Ahmed said the allegations raised by the refinery that its operations are being scuttled owing to a lack of...

Mr Dangote said NNPC no longer owns a 20 per cent stake in the refinery.

President Bola Tinubu wrote a memo in May to the minister and the SGF issuing specific directives.

The queues surfaced Thursday morning and remained through Friday, as traffic gridlocks appeared across major parts of the city

“There is no dirty fuel that we would encourage to come into Nigeria. And there is no dirty fuel being...

According to the commission, the order takes effect from 13 June, and may be amended or revoked by subsequent Orders...

She explained that Africa is being faced with several challenges including a low electrification rate, low agricultural yields, the lowest...

Hosting the bank in Nigeria, according to the government, will ensure proximity to key energy technocrats and experts, which is...

The Senate President says Mr Dangote stunned skeptics by establishing a refinery some nations cannot build.

“At current rates, expenditure on fuel Subsidy is projected to reach N5.4 trillion by the end of 2024. This compares...

OPEC disclosed this at its 37th OPEC and non-OPEC ministerial meeting.

In its trading operations, Oando had a marked improvement; recording a 50 per cent increase in traded crude oil volumes.

The appointments are divided into nine pre-shipment inspection agents and two monitoring and evaluation agents

The projects support the federal government’s effort to grow value from the nation’s gas assets while eliminating gas flaring and...

Mr Komolafe said that these blocks have the potential to significantly boost national production, which would benefit all stakeholders

We awarded Dangote refinery even in their pre-commissioning and sooner than later, they will have full commission and a valid...

“We call on our members to however remain resolute and law-abiding, even as we draw close to the immediate ultimatum...

“We have abundant products. It is just a transportation glitch,” NNPC said.

This development comes a week after the company announced a reduction in the price of diesel from N1,200 to N1,000...

The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of...