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NNPC takes over Addax Petroleum assets

    NNPC takes over Addax Petroleum assets

The Nigerian National Petroleum Company (NNPC) Limited says it has taken over Addax Petroleum’s production sharing contract (PSC) assets. Addax is owned by Sinopec, a state-owned Chinese firm. Mele Kyari,

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PENGASSAN to NMDPRA: Revoke licences of erring marketers | Petrol price hike not justified

    PENGASSAN to NMDPRA: Revoke licences of erring marketers | Petrol price hike not justified

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says there is no basis for the current scarcity and price increase of premium motor spirit (PMS) across the

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Eni signs $8bn gas deal with Libya amid political unrest

    Eni signs $8bn gas deal with Libya amid political unrest

Eni, an Italian oil and gas firm, has signed an $8 billion offshore gas development deal with state-owned Oil Corporation of Libya (NOC). Claudio Descalzi, chief executive officer (CEO), Eni;

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Scarcity: CSO hails Kyari for ‘working 24/7 to ensure petrol supply’

    Scarcity: CSO hails Kyari for ‘working 24/7 to ensure petrol supply’

A group under the aegis of Greater Nigeria Professionals (GNP) says Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, works around the clock

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NMDPRA blames marketers, smugglers for lingering petrol scarcity

    NMDPRA blames marketers, smugglers for lingering petrol scarcity

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the petrol scarcity in the country is exacerbated by the

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Norway’s oil and gas tax revenue triples to record $89.3 billion

    Norway’s oil and gas tax revenue triples to record $89.3 billion

Norway’s estimated tax revenue from its oil and gas industry rose to a record 884 billion Norwegian crowns ($89.3 billion)

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PDP sabotaging petrol supply to blackmail FG, says Tinubu

    PDP sabotaging petrol supply to blackmail FG, says Tinubu

Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has accused the Peoples Democratic Party (PDP) of sabotaging petrol

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Reps to security agencies: Fish out marketers, saboteurs responsible for petrol scarcity

    Reps to security agencies: Fish out marketers, saboteurs responsible for petrol scarcity

The house of representatives has asked the Nigerian National Petroleum Company (NNPC) Limited to “urgently ease off” queues in filling

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NARTO president blames petrol scarcity on Russia-Ukraine war

    NARTO president blames petrol scarcity on Russia-Ukraine war

Yusuf Lawal Othman, national president of the Nigerian Association of Road Transport Owners (NARTO), says the country is experiencing a

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Petrol scarcity: Buhari constitutes 14-member committee to ensure supply, distribution

    Petrol scarcity: Buhari constitutes 14-member committee to ensure supply, distribution

President Muhammadu Buhari has approved the constitution of a 14-member steering committee on petroleum products supply and distribution management. Timipre

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