Heineken Lokpobiri, minister of state for petroleum resource (oil), says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline
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Life and Living
Petrobarometer
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped to 1.23 million barrels per day (bpd) in March 2024. OPEC disclosed this in its
The board of Eterna Plc has appointed Abiola Lawal as the new managing director and chief executive officer (CEO). Eterna, an energy firm, announced the appointment in a statement on
The Dangote Petroleum Refinery has fixed the minimum volume of automotive gas oil (AGO), also known as diesel, that can be purchased by oil marketers, at one million litres. Speaking
Crude oil prices, on Monday, increased to a five-month high. Brent crude increased by 0.56 percent to $87.54 a barrel
Justice Abubakar Kutigi of the FCT high court has dismissed the charges of fraud, bribery and conspiracy filed against Mohammed
The Nigerian National Petroleum Company (NNPC) Limited says it has not adjusted the pump price of premium motor spirit (PMS),
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the
The federal government says it would close the metering gaps and address the financial liquidity challenges facing Nigeria’s power sector.
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says about $15 billion is
