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Buhari: Petrol subsidy will end by 2023 — it’s unsustainable

    Buhari: Petrol subsidy will end by 2023 — it’s unsustainable

President Muhammadu Buhari has affirmed that the costly petrol subsidy will end by 2023. Buhari said this on Friday during the presentation of the proposed 2023 budget to the national

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Kogi flood: We’re working to mitigate Abuja petrol scarcity, says NMDPRA

    Kogi flood: We’re working to mitigate Abuja petrol scarcity, says NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says measures are ongoing to truck petroleum products via alternative routes to mitigate fuel scarcity caused by the flooding in Kogi.

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NNPCL: Nigeria losing almost $150m to vandals every two days

    NNPCL: Nigeria losing almost $150m to vandals every two days

The Nigerian National Petroleum Company (NNPC) Limited says the country loses almost $150 million to vandals every two days which affects the capacity to make higher profits.  On Tuesday, NNPCL

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NNPC discovered illegal oil pipeline operating for nine years, says Kyari 

    NNPC discovered illegal oil pipeline operating for nine years, says Kyari 

The Nigerian National Petroleum Company Limited (NNPC) says it uncovered an illegal 4-kilometre (km) pipeline from Forcados terminal to the sea, and a loading port that had operated undetected in

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OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

    OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

Oil price topped $93 a barrel on Wednesday as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known

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Panic as petrol queues surface in Abuja

    Panic as petrol queues surface in Abuja

Queues for petrol have surfaced in Abuja as bad road networks on the Abuja-Lokoja expressway disrupted the supply of products

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PIA: NMDPRA engages stakeholders on proposed petroleum measurement, safety regulations

    PIA: NMDPRA engages stakeholders on proposed petroleum measurement, safety regulations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has started consultations with stakeholders on new regulations in

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Reps committee probes spending of $7.8bn additional cost on Escravos gas project

    Reps committee probes spending of $7.8bn additional cost on Escravos gas project

A house of representatives’ ad hoc committee has queried the implementation of the Escravos gas-to-liquids (EGTL) project. The committee said

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NOSDRA, oil firm activate emergency response as fire ravages two oil wells in Rivers

    NOSDRA, oil firm activate emergency response as fire ravages two oil wells in Rivers

The National Oil Spills Detection and Response Agency (NOSDRA) has confirmed a report of a fire incident at two oil

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NNPC generated N674bn profit in 2021, says Kyari

    NNPC generated N674bn profit in 2021, says Kyari

The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax (PAT) of N674 billion for the year

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