Oil

Dangote Refinery Promises Steady Petrol Supply Dangote Petroleum Refinery & Petrochemicals has assured Nigerians that petrol supply will remain stable despite recent turbulence in the global oil market. The company said it has…
Read More...

NNPC Raises Petrol Price The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at its retail stations in Lagos and Abuja. Checks on Wednesday showed the national oil company now sells petrol at…
Read More...

Cooking Gas Prices Rise Across Nigeria Depot owners nationwide have raised the price of liquefied petroleum gas (LPG), commonly known as cooking gas, by around N100 per kilogramme. This increase comes amid recent global crude oil…
Read More...

NNPCL, Marketers Raise Petrol Price The Nigerian National Petroleum Company Limited (NNPCL) and several other filling stations have increased the pump price of Premium Motor Spirit (petrol). In Abuja, the price has risen to as high…
Read More...

Tinubu’s Oil Revenue Reform Gets Governors Support The 36 state governors under the Nigeria Governors’ Forum have backed President Bola Tinubu’s directive that oil and gas revenues be paid directly into the Federation Account. In a…
Read More...

Tinubu Moves To Tighten Oil Cash Flow President Bola Tinubu’s government has cleared a transition window for oil firms to start paying petroleum earnings straight into the Federation Account after the rollout of Executive Order 9. …
Read More...

Tinubu Speaks on Fuel Subsidy Removal President Bola Tinubu has said public anxiety over the removal of fuel subsidy has eased. He made this known while assessing the impact of the government’s economic reforms and the mood across…
Read More...

Gas Problem Hits National Grid Nigeria’s national electricity grid has traced the country’s erratic power supply to a shortfall in gas deliveries to thermal power stations. Grid managers said the drop in fuel supply has slowed…
Read More...

Tinubu Sets New Rule On Oil Income Leakages President Bola Tinubu has signed a new Executive Order directing that all revenues from Nigeria’s oil and gas sector be paid straight into the Federation Account. The decision was taken in…
Read More...

Dangote Restarts PMS Distribution Under New Law Dangote Refinery has resumed the sale of Premium Motor Spirit to major marketers and depot owners after a fresh distribution plan received approval from the Nigerian Midstream and…
Read More...