The Dangote Petroleum Refinery has increased its Premium Motor Spirit gantry price to N995 per litre,…
Category: OIL&GAS
Prolonged Jet Fuel Shortage Looms As US Embargo On Cuba Bites
Cuban aviation authorities told airlines on Tuesday that a jet fuel shortage would be extended until…
Middle East Unrest: Global Oil Benchmark Hits $84 Per Barrel As Iran Conflict Shuts Gulf Energy Hubs
Global oil benchmarks surged past $83 per barrel on Tuesday, propelled by escalating U.S.–Israeli airstrikes on…
Global oil prices to rise as US, Israel launch massive attack on Iran
Oil prices are expected to rise due to the “massive combat operation” launched by the US…
Dangote Refinery to Supply 65m Litres of Petrol Daily
… Exports 20m Litres Surplus In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum…
‘World-Class Facility,’ Ojulari Hails Dangote Refinery
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has described…
PENGASSAN Faults Executive Order On Oil Revenue, Says Tinubu Ill-Advised
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has faulted the Executive Order…
President Tinubu Issues Executive Order To Safeguard Oil And Gas Revenues, Direct Payments To Federation
President Bola Tinubu has issued an Executive Order (EO) to safeguard and enhance oil and gas…
NCDMB issues warning over mandatory 1% oil fund levy
The Nigerian Content Development and Monitoring Board has reiterated that the remittance of the one per…
After Missing OPEC Quota Nigeria Loses N1.76tn
Nigeria’s oil sector lost an estimated N1.76tn in potential crude oil revenue due to its failure…