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OB3 gas pipeline to be completed next month, says FG

    OB3 gas pipeline to be completed next month, says FG

The federal government says the Obiafu-Obrikom-Oben (OB3) gas pipeline will be completed in March 2024. Ekperikpe Ekpo, minister of state for petroleum resources (gas), spoke at the official opening of

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We’re not hindering divestment by foreign oil companies, says NNPC

    We’re not hindering divestment by foreign oil companies, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says its role in the divestment of international oil companies (IOCs) from onshore and shallow water assets in the country is that of

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Support indigenous oil firms to revamp economy, Starzs Investments CEO tells FG

    Support indigenous oil firms to revamp economy, Starzs Investments CEO tells FG

Iroghama Ogbeifun, managing director and chief executive officer (CEO) of Starzs Investments Company Limited (SICL), has asked the federal government to support indigenous players in the oil and gas sector

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CSOs call for discontinuation of SPDC sale, say it ‘poses unacceptable risk’

    CSOs call for discontinuation of SPDC sale, say it ‘poses unacceptable risk’

A coalition of civil society leaders has called for the discontinuation of the sale of Shell Petroleum Development Company (SPDC). SPDC is the Nigerian subsidiary of Shell Plc, a British

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Energy experts fault CBN’s restriction on repatriation of proceeds by int’l oil firms

    Energy experts fault CBN’s restriction on repatriation of proceeds by int’l oil firms

The Central Bank of Nigeria (CBN), on February 14, announced it has placed limits on the transfer of proceeds from

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‘Highest in north-west’ — NBS says average petrol price rose by 159% in January

    ‘Highest in north-west’ — NBS says average petrol price rose by 159% in January

The National Bureau of Statistics (NBS) says residents of Kebbi, Zamfara, and Taraba states paid the highest amount for premium motor

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FG halts gas exports to crash price, end scarcity

    FG halts gas exports to crash price, end scarcity

The federal government has announced the suspension of liquefied petroleum gas (LPG) exports. Ekperikpe Ekpo, minister of state for petroleum

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Petrol tanker drivers suspend nationwide strike

    Petrol tanker drivers suspend nationwide strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. The suspension follows a meeting of

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PHOTOS: Petrol queues resurface in parts of Abuja, Lagos amid tanker drivers’ strike

    PHOTOS: Petrol queues resurface in parts of Abuja, Lagos amid tanker drivers’ strike

Queues for petrol have resurfaced in some parts of Lagos and Abuja after the Nigerian Association of Road Transport Owners

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NUPRC: We’re reversing investment decline in upstream sector… Nigeria now has 30 oil rigs

    NUPRC: We’re reversing investment decline in upstream sector… Nigeria now has 30 oil rigs

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria is gradually reversing the investment decline in the oil and gas

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