Oil & Gas
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OPEC+ meets to review compliance with oil cuts
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday meet to review compliance with oil cuts…
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Buhari inaugurates 17-Storey NCDMB building, pledges more infrastructure
President Muhammadu Buhari on Thursday in Abuja pledged to spend more on infrastructure across the country, focusing on finishing projects delivered by…
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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 crude fell more than analysts had expected.…
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Petroleum tankers drivers begin strike
Petroleum Tanker Drivers in Lagos State have withdrawn their services as directed by the Nigeria Union of Petroleum and Natural Gas Workers…
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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 directed tanker drivers to begin the withdrawal…
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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 Court annulment of mandate of APC Governorship…
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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 of N138.62 per litre from the previous…
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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 fixed the ex-depot price of premium motor…
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Oil prices fall over rising coronavirus numbers
Denting fuel demand, cities from Manila to Melbourne are tightening lockdowns to battle new infections, while Norway has stopped cruise ship traffic…
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Deregulation will force down PMS price- PPPRA
PPPRA attributed recent rise in the pump price of petrol to cost of petroleum products in the international market and the cost…
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