Dapo Abiodun, Ogun state governor, says his administration plans to explore oil prospects in Tongeji Island and Olokola in 2023. The governor said this in his New Year message on
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The association of local distributors of gas (ALDG) in Nigeria says government’s regulation of tariffs in the sector has continued to hinder new investment in the industry. Joseph Ezigbo, chairman,
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says consumers who want to buy petrol at cheaper prices are responsible for the long queues at filling stations in the country.
Bola Tinubu, standard bearer of the All Progressives Congress (APC), has reiterated his position on petrol subsidy, saying it is not fair to poor Nigerians. Tinubu spoke in a recent
The house of representatives has commenced an investigation into the whistleblower’s claims that 48 million barrels of Bonny Light crude were
The house of representatives has asked the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the $1
As the world adjusted to new economic realities in 2022, the oil industry was not left out, with major sectoral
Shell Petroleum Development Company (SPDC) says it will pay €15 million to communities in Nigeria that were affected by multiple
Oil price rose on Friday on hopes that Russian crude oil supplies will drop. Brent crude was up by 2.63
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2022 mini-bid round. The landmark development is
