The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has dismissed reports suggesting that the Federal Government plans to probe an alleged diversion of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it reactivated dormant fields, fast-tracking regulatory approvals and enhancing operational efficiencies across the upstream value chain to ramp...
• Suspension a setback to Nigeria’s economic reform, says OGUNCCIMA By Grace Edet The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stated that the proposed...
• ₦287b invested in gas projects By Grace Edet The Federal Government has issued 23 refinery Licences to Establish (LTE) within the last four years following...
By Grace Edet Libya has emerged as the African country with the cheapest petrol price, while Nigeria ranks fifth on the continent, according to a new...
By Grace Edet Nigeria is losing an estimated $15 billion annually to oil theft and pipeline vandalism, according to a new study by energy economist Professor...
The eight members of the OPEC+ group agreed to raise oil production by 137,000 barrels per day (bpd) in December, while pausing further increases from January...
Oil prices increased on Monday after the Organisation of Petroleum Exporting Countries and allies’ members (OPEC+) moved to avoid creating a supply glut in the global...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on investors to explore the northern region of the country for investments in energy growth....
• Group calls for urgent infrastructure rehabilitation The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has described the 650, 000 barrels per day Dangote...
