By Richards Adeniyi Between December 2017 and February 2018, about 162 trucks containing eight million litres of petrol supplied by the Nigerian National Petroleum Corporation (NNPC)...
A House of Representatives adhoc committee has directed the Nigerian National Petroleum Corporation (NNPC) to withhold its bid to spend $1.8 billion on the nation’s refineries....
Investigation have reavealed that the nation’s epileptic power situation is getting no better as Transmission Company of Nigeria (TCN), suffered about six systems collapses in January...
By Chioma Obinagwam The Managing Director (MD) and Chief Executive Officer (CEO) of Nigeria LNG Limited (NLNG), Tony Attah, recently, said projections put gas in the...
Oil prices slumped on Wednesday, February 21, weighed down by a rebound in the U.S. dollar from three-year lows hit last week and an expected rise...
Charles Oputa, a.k.a Charly Boy, on Wednesday led the ‘Ourmumudondo’ group, on a peaceful protest to the headquarters of the NNPC over the fuel scarcity across the country....
The lingering petrol scarcity in Nigeria is under threat of getting worse as petrol marketers engages the Federal Government in dispute over payment N650 billion outstanding...
The Delta State Government has announced it would commence the construction of three modular refineries with total crude refining capacity of 30,000 barrels per day from...
At the ongoing Nigerian International Petroleum Summit, the Minister of State for Petroleum Resources, Ibe Kachikwu, lamented the country’s low oil- producing capacity. He informed OPEC members...
Brent crude has continue its downward trend fuel by stronger Dollar and a bout of profit-taking, while U.S. futures gained, bringing the discount between the two key...