Latest Oil & Gas News
FG to implement policy compelling IOCs to drill or drop inactive oil wells
Heineken Lokpobiri, minister of state for petroleum resources, says the federal…
Naira-for-crude: FG, Dangote set for talks as refinery imports 12.6m barrels
There are indications that the naira-for-crude policy of the Federal Government…
Reps recovers N50bn in unpaid royalties, taxes from oil firms
The House of Representatives Public Accounts Committee has recovered an additional…
Further petrol price hike loom as naira-for-crude talks falter
Palpable anxiety engulfed the downstream oil and gas sector as operators await…
Oil marketers oppose naira-for-crude policy
Oil marketers under the aegis of the Depot and Petroleum Products…
NLNG to improve operational efficiency of domestic LPG supply in Nigeria
In line with its continuous improvement culture, NLNG has committed to…
Marketers stockpile petrol amid price hike fears
Nigeria’s fuel market is on the brink of turmoil as the…
Petrol price hike imminent as Dangote halts fuel sales in naira
Dangote Petroleum Refinery has temporarily halted the sale of petroleum products…
Marketers project N800/litre as imported petrol’s cost drops
The price war in the downstream oil sector intensified on Tuesday…
Seplat reports increased production from newly acquired Mobil asset SEPNU
Seplat Energy Plc has reported an 11% increase in total production…
