NNPC renews licences of five OMLs
The Nigerian National Petroleum Company (NNPC) Limited says it has renewed oil production sharing contracts (PSCs) with its partners —…
Nigeria Loses N101bn Worth of Oil, says OPEC
Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in…
‘Africa will decide its energy future’ – Obasanjo
In the midst of a global oil-and-gas crisis, Africa must take charge of its own energy destiny, and use its…
Nigeria loses N891bn to gas flaring
Nigeria lost N891bn to gas flaring in 18 months, according to data from the Nigerian Oil Spill Monitor, an arm…
Marketers Increased Fuel Price, Even Though Subsidise It, Says Sylva
The Federal Government (FG), on Monday, said it is still subsidising petrol despite recent increase in pump price from government-regulated…
Africa’s energy poverty is unacceptable –Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has described as terrible and unacceptable, the frightening level of energy…
NNPC Quietly Approves Petrol Pump Price Hike to N179/Litre
The Nigerian National Petroleum Company (NNPC) Limited has approved an upward review in the pump price of Premium Motor Spirit…
NEITI to unveil roadmap on energy transition
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Ogbonnaya Orji, has announced that a roadmap on…
Marketers Hike Petrol Price to N170-N190/Litre
Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the…
FG will continue to fix petrol prices despite NNPC’s transition – NNPC boss
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has maintained that determination…