Oil prices under pressure
Crude oil prices remained under pressure on Wednesday, although they were still hovering within close…
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NNPC begins direct fuel supply to independent marketers
The Nigerian National Petroleum Corporation has commenced the direct supply of Premium Motor Spirit, popularly…
Oil price rises above $70 as supply drops
International oil benchmark, Brent crude, hovered near a three-year high of over $70 per barrel…
Gas supply to power plants intact, says NNPC
The Nigerian National Petroleum Corporation on Friday said routine gas supply for power generation…
Blackout looms as explosion rocks Escravos gas pipeline again
Power generation in the country may have hit a fresh snag following the explosion…
Fuel scarcity renews calls for local refining, deregulation
As Nigerians are heaving a sigh of relief from the latest scarcity of petrol…
NNPC seeks 1.46 million MT of petrol for January-April
In a sign that the scarcity of petrol in Nigeria could be more widespread…
Fuel: Expert urges govt to adopt smart card initiative
The Federal Government has been told to adopt a smart card initiative that will…
Edo, Chinese firms sign 5,500bpd modular refinery deal
The Edo State Government on Wednesday said it had signed a Memorandum of Understanding…
254 firms submit bids to buy, sell Nigeria’s crude
Nigeria’s crude and condensate production stood at 2.25 million barrels per day on Tuesday,…