Oil prices near $100 a barrel amid Russia-Ukraine crisis
Global oil prices trade near $100 per barrel on supply disruption worries as tensions between Russia and Ukraine escalated. The…
Nigerian content attracts $8bn annually, says NCDB
The implementation of the Nigerian Oil and Gas Industry Content Development Act has created over 50,000 direct jobs in the…
FG Blames Inspection Failure For Dirty Fuel Imports
The ongoing scarcity of petrol which has lingered for about two weeks, is not due to the absence of products…
Nigeria, others miss oil production targets as disruptions persist
The Organization of the Petroleum Exporting Countries (OPEC) and its allies continue to underperform their increasingly lofty oil production targets,…
NNPC rakes in ₦2.613tr from petrol, $224.29 million from crude oil
The Nigerian National Petroleum Corporation (NNPC) Limited yesterday, disclosed that about N2.613 trillion was made from the sale of premium…
Fuel Queues Persist in Abuja, Nasarawa, Niger States
The queues for petrol is on the increase in many parts of Abuja and neighbouring Nasarawa and Niger states…
FG Raises Technical Panel to Investigate the Dirty Fuel Recall
As accusations and counter accusations mounts over the importation of adulterated Premium Motor Spirit, popularly called petrol, into Nigeria, the…
PDP Accuse APC of Shielding Leaders Behind Adulterated Fuel Importation
The Peoples Democratic Party has accused the ruling All Progressives Congress of shielding the leaders involved in the importation…
NNPC Mulls Spending N201bn to Clean 170.25m Litres of Bad Fuel
The Nigerian National Petroleum Company Ltd. may need an estimated N201 billion worth of clean Premium Motor Spirit (petrol), to…
Oando Fires Back at NNPC, Denies Importing Adulterated Petrol
Oando Plc has said it did not import adulterated Premium Motor Spirit into the country, in contrast to what the…