THE Organization of Petroleum Exporting Countries, OPEC, and its allies (OPEC+) have increased Nigeria’s crude oil output quota to 1.830 […]
Category: Oil and Gas
Fuel Scarcity: We’ve not removed fuel subsidy, says Fed Govt
For the record, the subsidy on the Premuim Motor Spirit (PMS), otherwise known as petrol has not been removed, the […]
Hard times: Commuters, motorists stranded as fuel scarcity bites hard in Lagos
Fuel queues on Monday resurfaced in most parts of Lagos State following the decision of some members of the Independent […]
FG approves NNPC-ECOWAS deal for construction of Nigeria-Morocco gas pipeline
The Federal Executive Council (FEC) has approved for Nigerian National Petroleum Corporation (NNPC Limited) to execute an MoU with the […]
AKK Pipeline Project: NNPC to Deliver First Gas in Q1 2023
…Board Happy with Progress The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed satisfaction with the progress […]
Economy Hardship: Buhari Apologises Over Petrol, Electricity Shortages
President Muhammadu Buhari has expressed sincere regrets for the inconvenience caused to citizens of the country, following a prolonged shortage […]
Aviation fuel scarcity: NNPC, Oil marketers meet, license airline operators to import cheaper fuel
The crisis between Oil marketers and airline operators was halted after the Nigerian National Petroleum Corporation (NNPC), and the National […]
Subsidy: It’s impossible for Nigeria to consume up to 70 million litres a day – Saraki
Former Senate President, Bukola Saraki has challenged the Federal Government’s plans to spend on Petrol subsidy based on 70 million […]
Lack of investments responsible for Nigeria’s inability to meet OPEC quota – Sylva
Minister of State Petroleum Resources Chief Timipre Sylva has attributed the inability of Nigeria to meet the Organisation of the […]
Oil / Gas NMDPRA releases guidelines for gas demand requirement
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released a new Domestic Gas Demand Requirement (DGDR) guideline for […]