Fuel scarcity: Marketers fault NNPCL import monopoly
Oil marketers, on Monday, criticised the import monopoly held by the Nigerian National Petroleum Company Limited (NNPCL), noting that the…
Nigeria’s oil production hits 1.18mbpd, highest in seven months
Nigeria’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the…
Nigeria will meet OPEC quota May 2023 – Sylva
Optimistic that crude oil thieves would soon be chased out of the creeks, the Minister of State, Petroleum Resources, Mr…
Nigeria-Morocco gas pipeline: NNPCL signs MoU with oil firms from Ghana, Gambia, Guinea Bissau
The Nigerian National Petroleum Company Limited has signed five Memoranda of Understanding (MoU) with the national oil companies and relevant…
Marketers Say Tough Times as Petrol Hits N200/Litre
The cost of Premium Motor Spirit, popularly called petrol, has risen to as high as N200/litre at depots, which means…
Shell ordered to pay Amni’s $4.6m debt to court
A Federal High Court, sitting Lagos, has ordered Shell Western Supply and Trading Limited to pay into the account of…
Publish Names of Perpetrators of Oil Theft or Face Legal Action, SERAP tells Buhari
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “promptly set up a presidential panel of…
ECOWAS, Nigeria and Morocco Sign MoU for Nigeria-Morocco Gas Pipeline Megaproject
A Memorandum of Understanding has been entered into between ECOWAS, the Federal Republic of Nigeria and the Kingdom of Morocco.…
Angola, Libya Overtake Nigeria in Crude Production – OPEC
Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, as Angola and Libya overtook Nigeria by producing…
Delta Ijaw Group Backs Tompolo’s Pipeline Surveillance Contract
A Niger Delta group operating under the auspices of Delta Ijaw President Generals Forum has testified to the capability of…