Oil and Gas

Petroleum retail owners fume as Dangote Refinery slashes petrol price to ₦699/litre

DANGOTE Refinery has announced another sharp reduction in its petrol gantry price, cutting the rate by 15.58 per cent...
Harrison EDEH -

US seizes Nigerian supertanker, cites crude oil theft, piracy, others

THE United States (US) Coast Guard, in collaboration with the US Navy, has intercepted a Nigerian-owned supertanker, Skipper, over...
Harrison EDEH -

NNPC records N5.4 trillion profit – Official

THE Nigerian National Petroleum Company (NNPCL) has announced its financial performance for the full year ended 2024, reporting a...
Harrison EDEH -

Fuel price hike looms as Tinubu approves 15% import duty on petrol, diesel

PRESIDENT Bola Ahmed Tinubu has reportedly approved 15 per cent import duty on petrol and diesel. The measure is...
Bankole ABE -
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Gas marketers set 6 million-tonne LPG supply target, forecast price reduction

Nigeria’s Liquefied Petroleum Gas (LPG) marketers have announced plans to raise the nation’s annual LPG supply to six million...
Nanji Nandang VENLEY -

Presidency lauds Shell’s $2billion committment to Nigeria’s gas development

THE Presidency has lauded Shell’s decision to commit $2 billion to the HI offshore gas development project in Nigeria,...
Mustapha USMAN -
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