Oil & Gas

Buhari sued for spending N1.48 trillion on dead refineries

“According to reports, the government spends over N264 billion annually to operate and maintain the…

Death toll in Imo explosion rises to 110

An illegal refinery situated at the Abaeze forest in Ohaji/Egbema Local Government exploded on Saturday…

Nigeria’s crude oil production dropped to 1.354mb/d in March – OPEC

The report said the figure showed a decrease of 24, 000 barrels per day when…

Petrol: Nigeria currently has enough to last for 32 days — Minister

By Ismaila Chafe Abuja, March 9, 2022 (NAN) Minister of State for Petroleum Resources, Mr…

Why Nigeria is unable to meet OPEC quota – Sylva

Nigeria’s OPEC quota is pegged at 1.8 million barrels per day (bpd) but in the…

NNPC names Oando, MRS, 2 others as importers of adulterated petrol

Kyari said all the suppliers of the contaminated petrol have been put on notice for…

10 crew members still missing as FPSO Trinity Spirit fire burns out

Investigation has been launched to establish the cause of the explosion.

NNPC Board: Buhari replaces Ararume with Okadigbo

The President had in September 2021 appointed Ararume as the chairman of the board of…

NNPC speaks on Port Harcourt refinery fire incident

NNPC said the fire resulted from a spark while a 33,000-litre truck was discharging naphtha…

$11.8trn investments required between 2021-2045 in oil sector- OPEC

“If the necessary investments are not made it could have knock-on implications, and leave long-term…