11.94 bn litres of petrol imported in first half 2023 – NBS

11.94 bn litres of petrol imported in first half 2023 – NBS The National Bureau of Statistics says 11.94 billion litres of Premium Motor Spirit...

NNPCL supplies four crude cargoes to Dangote refinery Feb

The Nigerian National Petroleum Company Limited is expected to supply four crude oil cargoes from its February programme to the $20bn Dangote refinery. Dangote refinery,...

Nigerian Society of Engineers Commends NNPC for Championing Cause of Women Engineers

The Nigerian Society of Engineers (NSE) has commended the Nigerian National Petroleum Corporation (NNPC) for its exemplary role in the advocacy of science and...

Oil gains on supply concerns from Iran sanctions, strong refining margins

Oil gains on supply concerns from Iran sanctions, strong refining margins CHIGOZIE  AMADI Oil prices rose for a second day on Tuesday as fresh U.S. sanctions...

ENYO invests N8bn in downstream business, targets expansion, acquisition

Mr Abayomi Awobokun, the Chief Executive Officer, ENYO Retail and Supply Ltd., said the company has invested over eight billion naira into downstream retail...

NNPC should extend oil exploration to six basins-Buhari

The Nigerian National Petroleum Corporation (NNPC) has been directed by the federal government  to extend its crude oil exploration to six basins in the...

NNPCL remitted zero allocation to Federation Account in 2022 – CFO

The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium...

Fuel scarcity: PENGASSAN wants licenses of marketers selling above N180 per litre revoked ...

As Nigerians continue to suffer the hike in petroleum product, and also the scarcity of the product, the Petroleum and Natural Gas Senior Staff...

Dangote to Refund Customers Who Purchase PMS above Advertised Rates from Key Partners

  …. Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel ...Insists Nigerians deserve good quality, affordable fuel products     Dangote...

Trump’s tariffs to have limited impact on oil, gas prices, Goldman Sachs says

Trump’s tariffs to have limited impact on oil, gas prices, Goldman Sachs says The new tariffs imposed by U.S. President Donald Trump on imports from...
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