TotalEnergies, Shell, Chevron Commit To African Oil And Gas

Top IOCs are reaffirming their dedication to African oil and gas, which is encouraging for drilling contractors, service providers, and the sector as a...

Crude Oil Price Falls To $80 As Demand Slows

Oil prices fell to $80 as a result of a slowdown in global demand brought on by many economic worries. In response to declining...

Forex Scarcity Threatens Operations of Modular Refineries

Modular refineries in Nigeria are currently facing a significant challenge as they struggle to access foreign exchange for the purchase of crude oil, a...

Fuel Scarcity Bites Lagos State Hard, Motorist Laments

Despite the fact that the National Association of Road Transport Owners has called off its strike, there were lengthy lines at several gas stations...

Senate Directs NNPCL to Release N2.7tn Tax Credit Fund for Road Projects

The Senate has issued a directive for the full release of the N2.7tn Tax Credit Fund to expedite the completion of ongoing road projects...

Nigeria’s Active Oil Rigs Increases To 30 – NUPRC

According to Gbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory Commission, the number of oil rigs in the nation has climbed from...

Oil Dealers Threaten Shutdown Amid Forex Crisis

Oil and gas dealers across the country have voiced concerns over the challenging operating conditions in the downstream oil sector, highlighting the collapse of...

NNPC Destroys 82 Illegal Oil Refineries in One Week

The Nigerian National Petroleum Corporation Limited (NNPCL) announced on Tuesday that it had discovered and dismantled 82 illegal refineries in the Niger Delta region...

House Of Reps To Investigate Privatisation, Concession Of FG Silos

The House of Representatives has made the decision to look into the national privatization and concession of Federal Government silos. The resolution was passed...

Fuel Scarcity Begins As Oil Marketers Suspend Operations

In light of the high expense of operating and maintaining the vehicles used in the distribution of petroleum products, the Federal Government has promised...

FG Engages Oil Marketers Amid Threat of Tanker Drivers’ Strike

The Federal Government has intervened in a brewing crisis between oil marketers and the Nigerian Association of Road Transport Owners (NARTO) to prevent a...

Fuel Prices Could Be Lower if Obtained Directly from NNPC, Says IPMAN

Fuel Prices Could Be Lower if Obtained Directly from NNPC, Says IPMAN The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asserted that they could...

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