Oil and Gas

Latest Oil and Gas News

Fuel subsidy: ‘Suspend disbursement of $800m loan to FG’ – SERAP tells World Bank

The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank

Dangote to inaugurate Refinery, petrochemical company May 22

The multi-billion-dollar Dangote Refinery and Petrochemical company will be inaugurated in Lagos

Why The Petroyuan Is Bad News For Americans

As the Chinese oil benchmark gets set for prime time, the US

Europe Opens- Oil Rallies and Volatility Craters, as Risk On Lingers in the Markets

A risk on sentiment was present in the market as the European

Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential

On February 27th, a hotter than expected inflation number of 8.5% came

Crude Oil Poised for Weekly Gains as China Demand Continues

Oil is set to post weekly gains if it can close the

End of Day Market Report (02/17/2023)

Equities and Currencies The US dollar has had a lot of positive

End of Day Market Review (02/16/2023)

Equities It was a volatile day for US equities as the day

End of Day Market Report (02/13/2023)

As the markets opened on Monday 13th of February, 2023, the focus

N761.6m Oil Fraud: EFCC Closes Case Against Nadabo Energy Boss

The Economic and Financial Crimes Commission (EFCC) on Monday closed its case,

I’ll recharge Lake Chad, intensify oil search in Anambra, others – Tinubu

The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu,

In Photos: Buhari flags off Kolmani oil development in Bauchi

President Muhammadu Buhari today flagged off Kolmani Oil Development in Bauchi State.

Pinnacle oil, gas limited leveraged opportunities by establishing terminal in Lekki – Buhari

President Muhammadu Buhari commissioned the Pinnacle Oil and Gas FZE Terminal in

Sanusi calls for subsidy removal, dissolvement of NNPC

Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi

Lawan labels oil thieves Nigeria’s biggest enemies

Ahmad Lawan, the Senate President has lamented oil theft, describing perpetrators as

Fuel subsidy has consumed Nigeria’s resources – Ben Akabueze

Ben Akabueze, Director-General of the Federation's Budget Office, has condemned waste in

2 suspects arrested, trucks recovered as police bust illegal petrol refining site in Edo

Police operatives attached to the IGP Special Task Force on Petroleum and

Tompolo reveals strategy he’ll use to stop oil theft, illegal bunkering

A former ex-militant leader, Government Ekpemupolo aka Tompolo says diplomacy and public

NCS questions Nigeria’s ’60m Litres’ daily consumption of petrol

The Nigeria Customs Service Comptroller (NCS) General, Col. Hameed Ali, has questioned

Tompolo’s pipeline contract: Akeredolu questions Buhari’s govt

The Governor of Ondo State, Rotimi Akeredolu, has expressed shock over the

Shehu Sani: “It’s impossible to steal Nigeria’s crude oil without connivance of security agencies”

A former senator, Shehu Sani, says security agencies connive with oil thieves

Stolen crude oil products now hidden in churches, mosques – NNPC GMD

The Group Managing Director of the Nigeria National Petroleum Company Limited, Mele

Oil theft: Shell to deploy drones to monitor pipelines, wellheads

The Shell Petroleum Development Company (SPDC) has signed a contract to acquire

Bunkering: Navy hands over 5 suspects, 1 vessel to EFCC

The Nigerian Navy has handed over a vessel loaded with an unspecified

Scarcity: We’ve not removed fuel subsidy – FG

The Federal Government says it has not removed subsidy on the Premuim

Fuel subsidy: Oando, AA Rano, Sahara Energy, others den receiving payments

Oando Plc, AA Rano, Sahara Energy Resources, Hyde have all denied involvement

Irregular Operation: FG shuts down Scorpion Oil service offshore

The Federal Government on Monday says it has shut down the diving

Oil theft: EU delegation, NNPC officials, JTF visit illegal refining sites

The European Union, the Nigerian National Petroleum Company Ltd (NNPC) and the

Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil

NNPC Ltd is not recruiting – Management

NNPC Ltd. is not recruiting. Its management made the declaration in a