Buhari seeks approval of N4trn for petrol subsidy in 2022
President Muhammadu Buhari has requested the approval of N4 trillion as payments for petrol subsidy payments in 2022. The president…
Nigeria won’t abandon gas resources to please energy transition crusaders – Sylva
Minister of State Petroleum Resources, Mr Timipre Sylva, has said that Nigeria will take gradual and strategic steps in transitioning…
Sylva laments rapid drop in oil, gas investment flow to Nigeria
The Minister of State Petroleum Resources, Timipre Sylva, has decried the rapid drop in foreign investment flow to Nigeria’s oil…
We’re building Europe-bound pipelines to deliver gas – NNPC
The Nigerian National Petroleum Company Limited (NNPC) on Monday said it was currently working on building pipelines that would deliver…
Russia-Ukraine crisis: EU urges Nigeria to close gas supply gap
The European Union (EU) has urged Nigeria to take advantage of the opportunity offered by the present crisis in Europe…
Oil Sector Collapse Imminent With N1.36tn Crude Stolen in 14 Months
Major oil majors have expressed fears that the Nigerian petroleum sector is facing imminent collapse if the level of theft…
Reps panel summons Sylva, Kyari, others over state of refineries
Worried by the hardship being experienced by Nigerians owing to increasing cost of petroleum products, the House of Representatives ad…
FG is determined to end crude oil theft – Sylva
The Federal Government says it is determined to stop the economic devastation occasioned by the activities of illegal refiners, pipeline…
Imo seeks FG, investors’ partnership on gas exploration
The Imo State Governor, Hope Uzodinma, on Wednesday said the state was ready to partner with the Federal Government and…
FG commences investigation into crude oil theft
Following reports from various government sources over unprecedented level of crude oil theft, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…