Petroleum scarcity:Attempt by opposition to embarrass APC, scuttle 2023 general election- Tinubu alleges
Oredola Adeola The candidate of the All-Progressive Congress, Asiwaju Bola Ahmed Tinubu, has accused the opposition of conniving with...
Oil & Gas
President Buhari inaugurates MRS’ 200m litres lubricant plant in Lagos
Oredola Adeola President Muhammadu Buhari has officially inaugurated the Bestaf 200m litres lubricant plant, owned by MRS Holdings Company Limited,...
Nigerian Govt. generates N4.09 trn as Petroleum Profits Tax returns in 2022
Oredola Adeola The Federal Inland Revenue Service (FIRS) has revealed that Nigeria collected a total of N4.09 trillion as Petroleum...
UK Court hears Nigeria’s appeal to overturn $11bn P$ID’s arbitral award
Oredola Adeola A London High Court has officially commenced eight-week proceedings over an appeal filed by the Nigerian Government to...
UPDATED: Fuel scarcity heightens, NNPCL retail adjusts pump price to N194, as MOMAN, IPMAN blame product shortage, high forex rates
...marketers recommend full deregulation of downstream sector, petrol subsidy removal Oredola Adeola The lingering scarcity of Petroleum Motor Spirit (PMS)...
Seplat’s former GM gas, Yetunde Taiwo joins First E&P
Oredola Adeola Mrs. Yetunde Taiwo has joined Exploration & Petroleum Development Company, as the new General Manager, Integrated Gas Development,...
Nigerian Agip offers BW offshore 3 months contract extension for Abo FPSO
Oredola Adeola Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A. has handed out another short-term contract extension to BW...
NNPC makes zero remittance to FAAC, deducts N3.302tn petrol subsidy in 11 consecutive months
Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) deducted a whooping N3.302 trillion on petrol subsidy from oil...
Malaysian Yinson Production confirms sales of FPSO Adoon to Addax Petroleum after 16 yrs contract
Oredola Adeola Addax Petroleum Development (Nigeria) has exercised its contractual option to purchase Yinson Production (YP) Floating Production Storage...
Nigeria records highest rigs count since 2019, as crude oil output increases to 1.235mbpd for Dec. 2022
Oredola Adeola Nigeria’s oil rigs count rose to 12 in December, the highest since 2019, and up from 10 rigs...
