The Nigerian National Petroleum Corporation (NNPC) says it has no plans to increase the ex-depot price of premium motor spirit, better known as petrol, in February. This is according to
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The Department of Petroleum Resources (DPR) has warned depot owners across the country to desist from hoarding petroleum products in their facilities. This follows indications that the pump price of
Valiant Energy Services West Africa Limited, an offshore drilling company, says it has paid full severance benefits to its laid-off oil workers. In 2020, the company had sacked 39 employees
Timipre Sylva, minister of state for petroleum resources, says the country is committed to achieving the global consensus on the elimination of gas flaring by 2025. Speaking on Monday at
Oil prices kicked off the week on a strong footing, hitting a new 13-month high in early Asian trade. The
Royal Dutch Shell has filed a suit against the Nigerian government at the World Bank’s International Centre for Settlement of
The UK Supreme Court has ruled that Ogale and Bille communities in Rivers state can sue Royal Dutch Shell, a
Dangote Group says petroleum products from its 650,000 per day refinery will hit the market by early 2022 against the
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised the federal government to suspend any intended upward review in
The federal government has forewarned Nigerians to get ready to bear the pains of increased petrol pump price as crude
