No plan to hike fuel pump price, says NNPC
The Nigerian National Petroleum Corporation (NNPC) says there is no plan to increase the pump price of petrol. Group General…
TUC cautions FG over plan to hike fuel price
The Trade Union Congress (TUC) has cautioned the Federal Government over the planned increase of Premium Motor Spirit (PMS) popularly…
Crude oil price rises above $60 per barrel
The international oil benchmark, Brent crude, rose further on Tuesday, trading above $61 per barrel. Brent had hit the $60…
NNRC tells NASS to prioritize key recommendations in PIB
The Nigeria National Resource Charter (NNRC) has lauded recent efforts made by both chambers of the National Assembly towards ensuring…
17 billion litres of fuel consumed in 13 months – NNPC
The Nigerian National Petroleum Corporation (NNPC) has said about 17.03 litres of petroleum products were sold for the period November…
Petroleum Industry Bill is Structurally Faulty, Niger Deltans Insist
Niger Delta stakeholders, yesterday, defended their opposition to the current Petroleum Industry (PIB), which government officials believe is the solution…
OPEC, non-OPEC countries to increase production by 0.5mb/d
The Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5…
Oil price edges higher after Brexit deal, gains capped by pandemic
Oil prices inched higher on Thursday, helped by late-day buying in a low-volume session to close out the week. The market…
NEITI, NNPC agree to publish status of NLNG’s payments
Most of the issues listed against the Nigerian National Petroleum Corporation (NNPC) in past reports of the Nigeria Extractive…
FG monopolising fuel deregulation – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the federal government was enforcing a monopolistic deregulation of the…