Oil & Gas
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Nigerian Govt reduces petrol price by N5
The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday…
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African countries must take balanced approach to energy transition
The road to energy transition might be bumpy for all of us, but the idea of banning all fossil fuels makes it…
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OPEC weighs extended oil curbs for long and bumpy COVID-19 recovery
The global economy and oil markets will not see a quick recovery next year, Algerian Energy Minister Abdelmadjid Attar cautioned on Monday…
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Why it is impossible to operate Nigeria’s four refineries — NNPC GMD
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, says the corporation deliberately shut down the nations refineries…
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Why FG can’t help Nigerians on petrol price – Slyva
The Minister of State for Petroleum Resources, Mr Timipre Sylva, says the Federal Government cannot afford subsidy anymore and as such, Nigerians…
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The Libyan oil industry’s story of recovery – And what it means for the rest of Africa
By NJ Ayuk If I called 2020 a terrible year for the oil industry, no one would take exception. Demand collapsed in…
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Bayelsa community serves Aiteo quit notice
The Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa and host to Aiteo Eastern Exploration and Production limited, on Saturday,…
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Again, Nigerians begin paying more as petrol price hits N170 per litre
Nigerians woke up on Friday to be confronted with the fact that they will again, be paying more for petrol
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NNPC reports explosion in OML 40 facility
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported an explosion at a…
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Why petrol queues persist in Abuja -NNPC, IPMAN
Long queues are still being witnessed on Tuesday in most petrol stations in the Federal Capital Territory, Abuja,
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