The President of the United States (US), Joe Biden has advised Israel to avoid targeting Iran’s…
Category: OIL&GAS
Naira-for-Crude Deal Fails To Materialize As October 1 Deadline Lapses
There are indications that the supply of crude oil in naira by the Nigerian National Petroleum…
Nigeria to conform to OPEC’s 1.5mbpd production quota
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said Nigeria would conform to…
FG Suspends VAT On Cooking Gas, Diesel
The Federal Government has announced the provision of new tax reliefs for deep offshore oil and…
Again Port Harcourt Refinery Fails To Begin Fuel Production As September Deadline Lapses
The Nigerian National Petroleum Company Limited has again failed to begin fuel production at the Port…
Says NBS, ‘Petrol Imports Dropped By 3.58bn Litres In One Year’
Importation of Premium Motor Spirit (PMS) also known as petrol dropped by 3.5 billion litres in…
Petrol landing cost drops amid naira appreciation
The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to…
Dangote To Transport Refined Products By Sea — Official Reveals
Dangote Group has said that it plans to transport refined petroleum products by sea. This announcement…
Tinubu’s Panel Says Naira-for-crude Deal Begins Tuesday, Oct 19
The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, on Sunday, confirmed that…
PENGASSAN President, Festus Osifo, Exposes NNPC /Dangote Subsidy War, By Wole Arisekola
This individual has done more public relations work for President Bola Ahmed Tinubu than most of…