The alliance of the OPEC+ oil producers was able to achieve the 113 per cent oil cuts agreement reached last month largely due to Saudi Arabia’s...
The Department of Petroleum Resources has announced that 28 investors, including BUA Refinery & Petrochemicals Limited, have active refining licences. The agency disclosed this in a...
The Nigerian National Petroleum Corporation (NNPC) says it supplied 1.44 billion litres of Premium Motor Spirit (PMS) also known as petrol in January 2021. The corporation...
Environmentalists have urged Shell Petroleum Development Company (SPDC) to remediate areas polluted by oil leak from its facility in Yenagoa and Ogbia Local Government Areas in...
The Department of Petroleum Resources (DPR) has denied revoking 32 refinery licenses issued to private companies in Nigeria. Mr Paul Osu, Head, Public Affairs, DPR, made...
The Department of Petroleum Resources (DPR) has concluded plans to inaugurate the Advisory Council and Body of Neutrals of the oil and gas industry’s Alternative Dispute...
The Nigerian National Petroleum Corporation (NNPC) has revealed that it will maintain the current ex-depot price of Premium Motor Spirit, also known as petrol, until...
The Bayelsa Government has announced the suspension of all agreements between international oil firms and their host communities across the state. Gov. Douye Diri’s announcement is...
The Department of Petroleum Resources (DPR) in Bayelsa, says it has sealed four petrol stations in Yenagoa for under dispensing and selling above government approved price...
Mr Gabriel Ogbechie, Group Managing Director, Rainoil Ltd., says the Federal Government is targeting the establishment of 2,000 Compressed Natural Gas (CNG) filling stations in the...