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OIL AND GAS
Senate Summons Ex-NNPCL Boss Kyari Over Alleged N210tn Unaccounted Expenditure
The Senate has summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, over an alleged N210 trillion expenditure by the national oil company between 2017 and 2023…
Dangote Refinery Raises Petrol Gantry Price to N995 per Litre Amid Global Oil Market Pressures
By ThankGod Inalegwu
The Dangote Petroleum Refinery has increased its gantry price for Premium Motor Spirit (PMS), commonly known as petrol, to N995 per litre, marking a sharp rise of N221 within four days as…
ICPC Moves to Formalise Partnership with NCAOOSE, Urges Increased Funding to Protect Vulnerable…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed its commitment to a formal partnership with the National Commission for Almajiri and Out-of-School Children Education (NCAOOSE) to strengthen…
Tinubu Orders Direct Remmitance of All Oil, Gas Revenues into Federation Account
President Bola Ahmed Tinubu has signed an executive order mandating that all oil and gas revenues due to the Federal Government be paid directly into the Federation Account, marking a major overhaul of Nigeria’s petroleum revenue…
Decline in Nigeria, Libya Oil Production Affects OPEC January Output
The Organisation of Petroleum Exporting Countries (OPEC) recorded lower crude oil output in January 2025 due to shortfalls in production from Nigeria and Libya, Reuters reports.
According to Reuters survey, the production shortfalls in…
Fuel Price War: Dangote Reduces Fuel Price by N25
The Dangote Refinery has announced the reduction of the pump price of petrol by N25, from N799 T0 N774.
The reduction of price follows a massive importation of Premium Motor Spirit (PMS) by other marketers who intend retain a major share…
Multiple Allegations: Group Urges Tinubu to Probe NNPCL GCEO, Ojulari
An accountability and pro democracy group, has called on President Bola Ahmed Tinubu, to as a matter of necessity, cause an immediate probe into the multiple allegations against the Group Chief Executive Officer (GCEO) of Nigerian…
Dangote Refinery Supplies 50million Litres of Fuel to Nigerian Market, Increases Fuel Price to N799…
The Dangote refinery has announced the increment of the pump price of Premium Motor Spirit (PMS) from its gantry N699 per litre to N799 per litre.
The new price entails that major dealers of the Dangote fuel including MRS filling stations…
AA Rano Set to Unveil Nigeria’s First Ever Fully Unmanned Digital 24/7 Fuel Stations
One of Nigeria’s leading indigenous oil marketing companies, A.A. Rano Nigeria Limited, has concluded all arrangements to launch Nigeria’s first ever CONTACTLESS fuel station that will serve customers 24/7.
A. A. Rano founded by oil…
President Tinubu Nominates Wike’s Men to Chair Key Oil and Gas Agency Boards
President Bola Tinubu has sent list of nominees for the boards of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its sister agency, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMPDRA).…