Oil/Gas Reports

I repeat Shell is not leaving Nigeria. We are not going anywhere and we will be together for a long...

Mr Kyari the removal of fuel subsidies in Nigeria has been a game-changer in the fight against cross-border smuggling.

Mr Lokpobiri said the statement does not represent his position as the minister overseeing the oil sector, nor does it...

As NNPC withdraws as a middleman for Dangote Refinery petrol, the price of petrol at fuel stations in Lagos may...

He explained that certain revolutionary measures were taken to ensure that Nigerians enjoy a more stable and regular electricity supply.

Petrol sourced from Dangote Refinery in Lagos will now cost more than gasoline imported from abroad.

Mr Soneye emphasised that market forces determine domestic pump prices.

"On the 29th of November 2019, Oando completely exited from the OVH partnership when it transferred its remaining 5% shareholding...

In its reaction to the NNPC-OVH controversy, the state-owned oil firm failed to address the crux of the controversial acquisition.

Nigerians largely blame NNPC Ltd for the fuel crisis in the country. But in reality, the NNPC Retail no longer...

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...