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Diesel spikes to N290 per litre amid rally in global crude oil prices

    Diesel spikes to N290 per litre amid rally in global crude oil prices

The price of automotive gas oil, better known as diesel, spiked to N290 per litre this week. The surge is on the back of rise in the price of crude

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DPR issues 3-month ultimatum to filling stations for licence renewal

    DPR issues 3-month ultimatum to filling stations for licence renewal

The Department of Petroleum Resources (DPR) has given a three-month window for owners of petroleum products retailing outlets in Lagos to renew and regularise their operating licences. Ayorinde Cardoso, zonal

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Osinbajo: Buhari will give timely consideration to PIB

    Osinbajo: Buhari will give timely consideration to PIB

Vice-President Yemi Osinbajo says the Petroleum Industry Bill (PIB) will receive necessary and timely consideration when sent to Muhammadu Buhari for assent. Osinbajo gave the assurance during the opening of

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Mele Kyari: Nigeria needs right policies to unlock its huge economic potential

    Mele Kyari: Nigeria needs right policies to unlock its huge economic potential

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the country needs to formulate the right policies in order to unlock its huge economic potential. Kyari

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EXPLAINER: What’s the big deal about this frontier basin exploration?

    EXPLAINER: What’s the big deal about this frontier basin exploration?

There has been so much noise about the allocation of 30 percent profit of oil and gas from the NNPC

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OPEC: N’assembly has engraved itself in gold by passing PIB

    OPEC: N’assembly has engraved itself in gold by passing PIB

Mohammad Barkindo, secretary-general, Organisation of Petroleum Exporting Countries (OPEC), has commended Nigeria for passing the Petroleum Industry Bill (PIB), saying

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Barkindo: Calls for divestment in oil and gas industry irresponsible

    Barkindo: Calls for divestment in oil and gas industry irresponsible

Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), has described calls to withdraw investments from the oil

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OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

    OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

Crude oil prices have been on a tear on the back of gradual global recovery and vaccine roll out after

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Oil spills: Activists call for ‘immediate’ clean-up in Bayelsa community

    Oil spills: Activists call for ‘immediate’ clean-up in Bayelsa community

Environment Rights Action/Friends of the Earth Nigeria (ERA/FoEN) have called for an end to oil spills in Tein community, Biseni,

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PIB: N’assembly opts for creation of two regulatory agencies

    PIB: N’assembly opts for creation of two regulatory agencies

The national assembly has opted for the creation of two regulatory agencies to oversee the oil and gas industry in

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