The federal government’s ambition of industrialising the country may remain a pipedream, as it continues to export most of the country’s fossil fuels, which hit 86 per cent of total crude oil ou...
The Chairman of the International Law Association (ILA), Dr Tolu Aderemi, has shed light on how Nigeria can take advantage of the Russia-Ukraine crisis and play a lead role in the liquefied natural ga...
Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has cautioned the federal government against continuing with the naira-for-crude transaction framework in the interest of the co...
The Nigerian National Petroleum Company (NNPC) Limited has denied reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State, stating that the incident was a flare event that...
The Nigerian Exchange Limited (NGX), yesterday, extended losses to the third straight session as market capitalisation declined by N288 billion, amid price depreciation in MRS Oil Nigeria Plc, Aradel ...
Checks indicate that the incident, which occurred on Monday night, has raised concerns about potential disruptions to Nigeria’s already struggling oil production. The pipeline, with a capacity to tran...
A Federal High Court in Abuja, on Tuesday, turned down the request of the Nigerian National Petroleum Company Limited (NNPC) to strike out a N100 billion suit instituted by Dangote Refinery and Petroc...
As presently constituted, oil marketers in Nigeria are currently required to pay N797.66 per liter for the landing cost of fuel, despite efforts by oil merchants to buy less fuel so as to minimize los...
Over 400 filling stations of independent oil marketers located at border communities have remained shut since 2019 based on the Federal Government’s directive to halt the smuggling of petrol out of Ni...
Oando Plc has announced that its trading subsidiary, Oando Trading, has been formally selected as the preferred bidder for the lease of Guaracara Refining Company Limited (GRC)’s refinery assets ...
