Contrary to President Muhammadu Buhari’s proposal to spend over N4 trillion on subsidy of Premium Motor Spirit, PMS, also known as petrol, in 2022, the Nigeria...
Europe is importing record volumes of liquefied natural gas (LNG) as it looks to cut as much Russian gas consumption as soon as possible. Unlike in...
A former Minister of Power, Prof. Barth Nnaji, says Nigeria needs over 100, 000 megawatts of power to address the persistent power problem in the country....
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged government at all levels to intensify efforts to check the operations of illegal refineries in the...
TotalEnergies has announced plans to sell its minority stake in a Nigerian oil joint venture, joining other top firms divesting from onshore oilfields in the country....
The Nigerian National Petroleum Corporation (NNPC) has said it spent N18.22 billion on refinery rehabilitation between January and March 2022. In its presentation to the Federation...
The average retail price of Liquefied Petroleum Gas (LPG) also known as cooking gas, increased by 83.62 percent from N2057.71 in March 2021, the National Bureau...
For Nigeria to continue to be relevant as a major player in the global oil and gas industry, it must come up with innovative ways of...
Shell Nigeria Gas, (SNG) is considering powering a proposed 225 Megawatts independent power plant to be located in South-West Nigeria. Managing Director of SNG, Ed Ubong,...
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has underscored the need for effective regulations in harnessing the gains of the Petroleum Industry Act...
