The Nigerian National Petroleum Company (NNPC) Limited has explained why the over 40 licensed modular refineries in the country are not producing Premium Motor...
U.S. oil giant, ExxonMobil to withdraw from Russia over Ukraine invasion. U.S. oil giant, ExxonMobil, says it will discontinue its current operations in Russia over...
Motorists and other users of fuel on Tuesday in Ikeja and Alimosho area of Lagos state, bought a litre of fuel at N500 at black market,...
By Ifeanyi Izeze It is pitiable that people occupying positions of trust in this country always find it difficult to own up responsibility when things go...
We’ll not lift PMS for depot owners selling above N148.77 – NUPENG. The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), says its members...
The ongoing war between Russia and Ukraine may further prolong the over three-week scarcity of Premium Motor Spirit, popularly called petrol, in Nigeria, as bulk of...
Why Ogun, Oyo, Osun, others will experience prolonged power outage – IBEDC. The management of Ibadan Electricity Distribution Company (IBEDC) says that the states under...
Here we take a look at the countries around the world with the largest proven oil reserves, with countries such as Venezuela and Saudi Arabia topping...
The Minister of State for Petroleum, Timipre Sylva has said Nigeria was not gaining anything from the soaring prices, noting that Nigeria’s comfort zone in terms...
Brent oil traded at $100 per barrel in the Asian session today on news of Russia attacking Ukraine, which has, in turn, exacerbated concerns that a...