PMS climbs N617 per liter as NNPCL adjust pump prices in Abuja
The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the price of PMS to as high as N617 per litre
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Oil and Gas
Shell halts loading of Nigeria’s Forcados crude oil; signs 12-year deal to supply LNG to Morocco
Reuters report that Shell Petroleum Development Company (SPDC) has temporarily suspended loadings of Nigeria’s Forcados crude oil due to a
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Nigeria’s oil regulatory agency says crude, condensate hit 1.473m bpd in June
A new report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria’s crude oil, blended and unblended and condensate
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Calabar-based engineer projects hybrid carburetor technology as alternative to petrol
A Calabar-based Civil Engineer, David Agianpuye, has taken advantage of the Hybrid Carburetor Technology to proffer alternative to petrol in
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“I felt it was expedient to stop the subsidy on the first day”_ Tinubu
Tinubu said Alake and Edun had removed subsidy removal from his inaugural speech. President Bola Ahmed Tinubu has explained why
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Nigeria faces fresh crisis, half of July oil unsold due to complicity in tax request
A glut of unsold Nigerian oil has built up again with as much as half of output due to be
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Bayelsa Governor Diri Seeks Review of Petroleum Act, Says It’s A Time Bomb
Bayelsa State Governor, Senator Douye Diri, has advocated an amendment of the Petroleum Industry Act (PIA) in order to address
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NEITI faults PMS consumption numbers; to conduct research on actual consumption rate in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will conduct a research to assess actual petrol consumption in Nigeria,
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Nigeria government implements 7.5% VAT on diesel
The Federal Government says it has commenced the implementation of the payment of 7.5 per cent Value Added Tax on
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Nigeria regains number 1 position in crude oil production in Africa as production hit 1.6 bpd
Nigeria regained and sustained its position as the largest oil producer in Africa for two straight months, as it pumped
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