Oil & Gas

Coronavirus surge, renewed lockdowns fan fresh worries about global fuel demand

Rebounds of coronavirus pandemic in many parts of the world lead to a fall in…

Nigeria, Saudi Arabia restate commitment to OPEC+

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export…

Buhari approves new boards for NLNG, BGT

President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas(NLNG) and…

Court sets aside order restraining FG from withdrawing marginal oil field licenses

Akin Kuponiyi A Federal High Court, sitting in Lagos on Friday set-aside its earlier order…

Oil falls, heads for weekly decline as virus cases hit record

Oil prices fell on Friday, adding to steep losses from the previous session, and were…

Just in: 7 die in NNPC explosion at Benin River Valve Station

The Nigerian National Petroleum Corporation (NNPC) has reported seven fatalities in an explosion incident which…

Nigerian content intervention fund increased to $350m

The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the…

Abuja filling stations sell PMS at N143 new price

Filling stations across the Federal Capital Territory (FCT) Abuja have started to sell petrol at…

Just in: FG increases petrol price

The Petroleum Product Pricing Regulatory Agency (PPPRA) on Wednesday recommended an upward review of the…

‘We no longer fix price of petrol’ – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump…