Friday, November 29, 2024
Brent Crude soars above $50, highest in nine months

Crude oil production in Nigeria drops by 38,000 barrels

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A new report by the Organisation of Petroleum Exporting Countries has revealed that the daily crude oil production in Nigeria dropped by 38,000 barrels...
US crude threatens to displace Nigerian crude in Europe

US crude threatens to displace Nigerian crude in Europe

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The sellers of Nigerian and Mediterranean crudes are discounting their September-loading cargoes as the increasing flow of the United States crude into Europe is...
PENGASSAN protest, to shut down operations on Sunday

PENGASSAN, NUPENG protest, to shut down operations on Sunday

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The Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have threatened to shut down...
The Minister of Power in Nigeria, Sale Mamman.

70 power substations to be constructed under Siemens deal- Minister

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The Federal Government have disclosed that the power deal between Nigeria and Siemens AG will lead to the upgrading of 105 power substations and...
Petrol imports in May dropped by 72.6%- NNPC

Petrol imports in May dropped by 72.6%- NNPC

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The Nigerian National Petroleum Corporation data has revealed that the volume of petrol imported into the country in May plummeted by 72.65 per cent. From...
No inflation in Ajaokuta-Kaduna-Kano gas pipeline project- NNPC

Nigeria exported $4.47bn crude oil, gas- NNPC

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The Nigerian National Petroleum Corporation has disclosed that the total worth of crude oil and gas exported from Nigeria between May 2019 and May...
No crude oil refined in refineries with N142.07bn operating cost- NNPC

FG implements Gas Transportation Network Code

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The Federal Government on Monday went live with the Nigerian Gas Transportation Network Code, as dealers in the gas-based industry signed the maiden Network...
Reps criticise VIPs who flout COVID-19 airport guidelines

Reps faults power ministry over N7bn Kashimbila project

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The House of Representatives has criticised the Federal Ministry of Power on the N7bn spent on the Kashimbila power project without appropriation. It also faulted...
30% of Nigeria's petrol smuggled out- Oil marketers

Petroleum tanker drivers suspends strike in Lagos

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The National Union of Petroleum and Natural Gas Workers has suspended its strike in Lagos State. This was contained in a “joint communique issued by...
4.36 million barrels of oil lost to power outage, others- NNPC

4.36 million oil barrels lost to power outage, others- NNPC

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The Nigerian National Petroleum Corporation has revealed that 14 crude oil export terminals in the country were shut down in April and May this...