Oil & Gas

OPEC+ meets to review compliance with oil cuts

OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday …

Buhari inaugurates 17-Storey NCDMB building, pledges more infrastructure

President Muhammadu Buhari on Thursday in Abuja pledged to spend more on infrastructure across the…

Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks

Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of…

Petroleum tankers drivers begin strike

Petroleum Tanker Drivers in Lagos State have withdrawn their services as directed by the Nigeria…

Fuel scarcity looms as tanker drivers vow to go on with strike in Lagos

The National President of the NUPENG, Mr Williams Akporeha, had in a statement on Friday…

Buhari to commission NCDMB’s 17-storey headquarters in Yenagoa

Commissioning earlier planned for February 14, 2020, was put off indefinitely due to the Supreme…

Sell petrol at old rate until PPPRA gives directive, IPMAN tells members

The Independent Petroleum Marketers Association of Nigeria gave the directive following the new ex-depot rate…

PPMC fixes ex-depot price of PMS at N138.62 per litre

The downstream subsidiary of Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC), has…

Oil prices fall over rising coronavirus numbers

Denting fuel demand, cities from Manila to Melbourne are tightening lockdowns to battle new infections,…

Deregulation will force down PMS price- PPPRA

PPPRA attributed recent rise in the pump price of petrol to cost of petroleum products…