December 22, 2022
Nigeria: After 15 Years, Federal Govt Opens Fresh Bid Round, Offers 7 Offshore Oil Blocks
The federal government has put seven deep offshore oil blocks on offer, calling on investors globally to bid for them. Read more »
December 08, 2022
Nigeria: Oil Theft - Niger Delta Stakeholders Drum Support for Ndiomu-Led Probe Panel
Prominent sons and daughters of the Niger Delta region have drummed support for the Special Investigative Panel on Oil Theft/Losses led by the interim administrator of the… Read more »
December 07, 2022
Nigeria: Amid Fuel Scarcity, Customs Intercepts 85,300 Litres of Petrol
The Nigeria Customs Service (NCS), on Thursday, said it intercepted 85,300 litres of Premium Motor Spirit (PMS), also known as petrol in Ogun State. Read more »
December 05, 2022
Nigeria: IPMAN Blames Scarcity, Increase in Fuel Price On Federal Govt
As the effect of petroleum scarcity bites harder nationwide, the Ogun State branch of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has disassociated itself… Read more »
December 02, 2022
Nigeria: Despite Nigeria's Export Boost, OPEC's Output Drops By 710,000bpd in November
The Organisation of the Petroleum Exporting Countries (OPEC), oil output fell in November, led by top exporter, Saudi Arabia and other Gulf members, after the wider OPEC+ alliance… Read more »
December 01, 2022
Nigeria: 'Why Fuel Scarcity Persists'
The Nigerian National Petroleum Company Limited (NNPC) has blamed the fuel queues in Lagos, Abuja and other states on some ongoing construction projects which has caused diversion… Read more »
October 27, 2022
Nigeria: Black Market Thrives in Yobe, As Fuel Sells for N600 Per Litre
As the scarcity of fuel bites harder across the country, the product is now available at the black market at the rate of N600 per litre in most parts of Yobe State. Read more »
October 21, 2022
Nigeria: NNPC Restructures As 3 Directors, 2 Others Become Vice Presidents
The Nigerian National Petroleum Company (NNPC) Limited has been restructured to accommodate five vice presidents required to drive the performance of the oil firm, LEADERSHIP has… Read more »
Nigeria: Kogi Receives First Allocation As Oil-Producing State
Kogi State Governor Yahaya Bello has announced that for the first time in the history of Nigeria, Kogi, a north central state is officially listed and recognised as an oil… Read more »
October 20, 2022
Nigeria: Fuel Scarcity Lingers in Abuja Despite 146 Truckloads Delivery
The petrol scarcity in Abuja the federal capital territory, and its environs is biting harder despite assurances from both the Nigerian National Petroleum Company (NNPC) Limited… Read more »
October 19, 2022
Nigeria: Scale of Oil Theft Has Significantly Reduced - Kyari
The group chief executive officer of the Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari yesterday said cooperation with security agencies has significantly reduced… Read more »
October 12, 2022
Nigeria: 146 Petroleum Tankers Arrive Abuja As Lokoja Flood Recedes
The fuel queues being experienced in the Federal Capital Territory (FCT) Abuja and its environs is set to disappear as about 146 petroleum trucks have arrived Abuja following the… Read more »
Nigeria: Save Oil Revenues, IMF Urges Nigerian Govt
With the country still grappling with revenue challenges despite the boom in the global crude oil price in recent times, the Nigerian government has been urged to save up on oil… Read more »
October 06, 2022
Nigeria: MTEF/FSP- Senate Rejects N1.7trn Subsidy Proposal
The Senate yesterday rejected a report by its Committee on Finance to reduce N3.6 trillion proposed for subsidy in the 2023 budget by the executive to N1.7trillion. Read more »
September 29, 2022
Nigeria: 20 Feared Dead in Kogi Tanker Accident
About 20 persons were said to have been burnt to death when a tanker with full load of petrol lost control due to brake failure, rammed into other vehicles on the bridge of Maboro… Read more »
September 27, 2022
Nigeria: Nigeria May Overshoot N4trn 2022 Petrol Subsidy Budget - Analyst
With the federal government spending over $1 billion on fuel subsidy payment in August alone, analysts have expressed concerns that the country may overshoot the N4 trillion… Read more »
September 25, 2022
Nigeria: Why Oil Theft in Niger Delta May Persist - Bayelsa Speaker
As the wanton theft of the nation's crude oil in the Niger Delta region continues to take its toll on the Nigerian economy, the Speaker of the Bayelsa State House of Assembly, Rt.… Read more »
September 23, 2022
Nigeria: Nigeria Rakes $890m in Non-Oil Export - CBN
The governor of the Central Bank of Nigeria (CBN) Mr Godwin Emiefiele has said it has recorded an increase of $890 million in non-oil export proceeds in 2022. Read more »
September 05, 2022
Nigeria: We Are Open for Forensic Audit On Fuel Supply - NNPC
The Nigerian National Petroleum Company (NNPC) Limited has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel supply is 68… Read more »
September 20, 2022
Nigeria: SNEPCo Harps On Safety Ahead of Bonga Turnaround Maintenance
Shell Nigeria Exploration, and production Company Limited (SNEPCo), said, the scheduled turnaround maintenance of its offshore Bonga asset would be defined by safety as top… Read more »
September 16, 2022
Nigeria: 7,000km Nigeria-Morocco Gas Pipeline Project'll Create Wealth - Kyari
The group chief executive officer of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, has said that the Nigeria-Morocco Gas Pipeline Project will create wealth, and… Read more »
Nigeria: Buhari Gives Executive Order to NNPC to Fix Failed Portion of East-West Road
Apparently disturbed by the slow pace of work on the ever busy road, President Mohammadu Buhari has given directive to the Nigeria National Petroleum Company (NNPC) and its… Read more »
September 09, 2022
Nigeria: Tinubu Presidency Will Inspire Confidence in Oil & Gas Sector - Oladiti
A former national chairman of Petroleum Tanker Drivers Branch of NUPENG, Otunba Salimon Akanni Oladiti, has declared that players in the downstream sector of the oil and gas… Read more »
August 30, 2022
Nigeria: Churches, Mosques, Others Involved in Crude Oil Theft, Vandalism - Kyari
The Group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has revealed that churches, mosques, security agencies as well as… Read more »
August 29, 2022
Nigeria: Crude Theft - Oil Workers Plan Shutdown of Sector
Key unions in Nigeria's oil and gas industry are putting together a major nationwide action to protest exponential oil theft in the country. Read more »