The supreme court has fixed November 1 to hear a suit on the disputed ownership of 17 oil wells between Rivers and Imo states. Previously, the court had issued an
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President Muhammadu Buhari has asked the national assembly to amend the recent Petroleum Industry Act (PIA), citing unbalanced geopolitical representation. Buhari’s request was contained in a letter read by Senate
President Muhammadu Buhari has directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and management of the new company. Femi Adesina, special adviser to the
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked its members to resume supply of petroleum products in south-east states after a one-day strike. The strike was embarked on over allegations
The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked its members to withdraw their services in some states in
The National Bureau of Statistics (NBS) says Abia, Ebonyi, and Lagos States paid the highest amount for premium motor spirit
Anthony Stimler, a former employee of Glencore Plc West Africa desk, has exposed Diezani Alison-Madueke, ex-petroleum minister in Nigeria, in
Dangote Petroleum Refinery says it has entered into a partnership with the Nigerian Content Development and Monitoring Board (NCDMB) to promote
Nigeria’s oil production dropped to an average 1.23 million barrels per day in August, representing the lowest figure recorded yet