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Another round of scarcity of Premium Motor Spirit, popularly called petrol, is imminent in Abuja, Kaduna, Nasarawa, Kogi, Niger and neighbouring states following the commencement of...
In response to the alleged inflation of petrol imports and consumption in Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has insisted that average petrol supply...
The House of Representatives Ad-hoc Committee on Fuel Consumption has begun the assessment of the volume of petroleum products being consumed in the country daily, the...
The arrest of a supertanker with capacity for three million barrels of oil, about three times the one million barrels per day (bpd) currently being produced...
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday disclosed that the federal government spends an estimated N18.397 billion daily on petrol...
A top member of the Organisation of Petroleum Exporting Countries (OPEC) Saudi Arabia, has through its Sovereign Wealth Fund (SWF) invested $7.5 billion in blue-chip American...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday affirmed that the status quo remains with respect to the ExxonMobil/Seplat Energy share acquisition. The clarification by...
The Nigerian Association of Road Transport Owners (NARTO) has dispelled fears of a fresh scarcity of Premium Motor Spirit (PMS), also known as petrol in Abuja...
Shell Petroleum Development Company (SPDC) of Nigeria has expressed concern that crude oil theft remains a major challenge affecting the Nigerian economy. The Head, Corporate Relations,...
The new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Kuwaiti’s Haitham Al Ghais, on Monday engaged the Nigerian media on his immediate plans...
