President Tinubu Vows to Leverage Nigeria’s Gas for Economic Growth.
In a resolute commitment to harness Nigeria's abundant gas resources for the nation's economic advancement, President Bola Ahmed Tinubu announced...
Seplat Energy Withholds Technical Details Amid Rig Collapse, Raising Safety Awareness
In a recent development, Seplat Energy disclosed that a tragic incident involving its drilling rig in Delta State resulted in...
Surge in Crude Oil Theft Plunge Nigeria’s Oil Output To 3-Month Low, Second Lowest in 2023
The struggling oil and gas sector in Nigeria has encountered another blow as the country's crude oil production dipped to...
Oil Prices edges higher Amidst Supply Constraints and Chinese Economic Support.
Oil prices saw a modest uptick on Tuesday, building upon the momentum gained in the previous session. The surge came...
Emadeb Energy Breaks NNPC’s Monopoly, Imports 27 Million Litres of Petrol into Nigeria.
In a significant development for Nigeria's fuel supply chain, Emadeb Energy Services Limited has shattered the long-standing monopoly held by...
NNPC Increase Pump price to N617 Per Litre Amidst Economic Hardship
The Nigerian National Petroleum Company Limited (NNPCL) has recently taken a surprising and concerning step by announcing a significant increase...
Identifying the Factors Behind Nigeria’s Petrol Inflation Surge.
The inflation figures for Nigeria in June 2023 recorded a slight increase compared to the previous month. This rise can...
Petrol Consumption Reduced to 46.34 Million Litres per Day Following Subsidy Removal- NMDPRA.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the country's daily petrol consumption figure now stands...
NNPC Aims to Increase Oil Production to 1.7 to1.8 Million Barrels per Day by 2024.
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC), is eyeing several oil blocks and fields in the...
Nigeria’s Monthly Petrol Consumption Drops Significantly by 185 Million Litres.
According to recent data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), there has been a notable decline...
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