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Sunday, September 25, 2022

Oil theft: Navy Destroys 347 Illegal Refineries In Five Months

The Nigerian Navy claims to have destroyed no less than 347 illicit refineries in the previous five months, despite crude oil theft and unlawful...

Nigeria Needs To Recover N600bn Debt From Oil Firms- NEITI

The Nigerian oil and gas industry owes the Federal Government N600 billion in back taxes, royalties, fines, and commissions that were found in the...

Nigeria Risks N1.37tn Loss Amid Insufficient Revenue, Here’s Why

Nigeria stands a chance of recording N1.37 trillion loss amid the insufficient revenue it's plagued with. This is as members of the Petroleum and...

Federal Government To Increase Gas Export To Europe In 2022

The Federal Government said on Wednesday that Nigeria will be able to deliver more liquefied natural gas to Europe by next winter. Chief Timipre...

Fuel Scarcity Looms As PENGASSAN Threatens Strike

Fuel scarcity may soon be experienced across the country, as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) threatened to embark...

BREAKING: IPMAN Suspends Strike

The northern chapter of the Independent Petroleum Marketers (IPMAN), has suspended its planned strike. The union called off the strike after reaching an agreement with...

Petrol Scarcity Hits Abuja Again As Queues Return

Petrol scarcity was yesterday (Tuesday, September 6, 2022) experienced in many cities in Abuja, as long queues returned to filling stations. According to multiple reports,...

Nigeria Loses 7.56m Barrels Of Crude Oil To Shut-ins, Others

With a loss of 7.56 million barrels in July, the Nigerian economy continues to suffer from the suspension of crude oil production due to...

NNPC Accused Of Cheating Nigerians With Petrol Subsidy Payments

The Nigerian National Petroleum Company Limited (NNPC), has been accused of shortchanging Nigerians with petrol subsidy payments. In a statement in which it faulted the...

Fuel Scarcity Imminent In North As IPMAN Begins Strike

Following the start of a three-day warning strike by the Suleja Depot Branch of the Independent Petroleum Marketers Association of Nigeria, Abuja, Kaduna, Nasarawa,...

Nigeria’s Average Daily Petrol Supply Is 68 Million Litres -NNPC

The Nigerian National Petroleum Company (NNPC) Limited has claimed that the country's average petrol supply is 68 million litres per day in reaction to...

NNPC Defends Petrol Subsidy Payments Claim With Forensic Audit

The Nigerian National Petroleum Company Limited (NNPC), has offered to submit itself for a forensic audit of petrol supply and subsidy payments. BizWatch Nigeria understands...

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