Oil & Gas

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Residents of Lagos, Enugu, and Anambra have lamented challenges posed by the raging scarcity of Premium Motor Spirit (PMS) also known as petrol, and the sudden hike in price of the product.

Deborah Chidinma Chibuife , Jacinta Chisom Oguadinma and Angel Uzochukwu

2 days ago

Business·Latest News·Oil & Gas

Fuel Scarcity: We’ve Adequate Stock, NNPCL, Marketers Assure, Promise To Clear Queues By Wednesday

Amid the raging fuel scarcity in parts of Nigeria, the Nigerian National Petroleum Company Limited (NNPCL), and the Major Energies Marketers Association of Nigeria (MEMAN) have assured that there is adequate stock

Victor Ezeja

3 days ago

Business·Latest News·Oil & Gas

Fuel Scarcity: Queues, Hikes in Transport Fares Return As Petrol Near N1000/litre

Petrol queues, crowded bus stops, traffic, and hikes in transport fares have returned to most states in Nigeria, with residents resorting to buying petrol in jerrycans, fondly referred to as ‘kegs’ as

Emmanuel Ochayi

4 days ago

Oil & Gas·Opinion

Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions

At the World Economic Forum in Riyadh, Saudi Arabia, Sunday, Nigeria’s President, Bola Tinubu, argued that subsidy removal saved Nigeria from bankruptcy. Continued payment of subsidy by government would have impoverished the

MARCEL MBAMALU

4 days ago

Business·Oil & Gas

NNPC Not Giving Accurate Information About PH Refinery Rehabilitation – Expert

Petroleum engineer, Mr Martin Onovo, has alleged that the Nigeria National Petroleum Company Limited (NNPCL) has not been providing accurate information about the status of ongoing rehabilitation of the Port Harcourt refinery.

Victor Ezeja

4 days ago

Business·Latest News·Oil & Gas

How Fuel Subsidy Removal Saved Nigeria From Bankruptcy- Tinubu

President Bola Tinubu has defended his administration’s decision to discontinue fuel subsidy payments, stating that it was a necessary action to prevent Nigeria from going bankrupt. Speaking at the Special World Economic

Emmanuel Ochayi

5 days ago

Business·Latest News·Oil & Gas

Why SERAP sues NNPC Over Failure To Account For $2.04 billion, N164 billion In Oil Revenues

The Socio-Economic Rights and Accountability Project (SERAP) is filing a lawsuit against the Nigerian National Petroleum Corporation (NNPC) over the company’s inability to clarify and account for the missing $2.04 billion and

Emmanuel Ochayi

5 days ago

Business·Latest News·Oil & Gas

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

The $20 billion refinery project in Nigeria, the brainchild of Africa’s richest man, Aliko Dangote, is having payment problems, which is delaying the discharge of crude oil shipment from Chinese state energy

Emmanuel Ochayi

1 week ago

AMA News·Oil & Gas

Renewable Energy: The Hottest Investment Space in Africa

LONDON, England, 24 April 2024, /African Media Agency/- Renewable Energy is one of the hottest investment spaces in Africa and AFSIC – Investing in Africa 2024 will continue to highlight important discussions from top companies on

Prime Business Africa

1 week ago

Business·Latest News·Oil & Gas·World News

Global Crude Oil Production Dips By 1.2 Mbpd In February: Saudi Arabia, Iraq Declines As U.S. Sees Increase

According to data released by the Joint Organisations Data Initiative (JODI), global crude oil production took a dip by 1.2 million barrels per day (bpd) in February compared to the same period

Emmanuel Ochayi

2 weeks ago

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Oil & Gas

Lagos, Anambra, Enugu Residents Lament Petrol Scarcity, Price Hike

Fuel Scarcity: We’ve Adequate Stock, NNPCL, Marketers Assure, Promise To Clear Queues By Wednesday

Fuel Scarcity: Queues, Hikes in Transport Fares Return As Petrol Near N1000/litre

Tinubu’s Lingering Fuel Subsidy Argument: Some Ordinary Man’s Questions

NNPC Not Giving Accurate Information About PH Refinery Rehabilitation – Expert

How Fuel Subsidy Removal Saved Nigeria From Bankruptcy- Tinubu

Why SERAP sues NNPC Over Failure To Account For $2.04 billion, N164 billion In Oil Revenues

Dangote Refinery: How Forex Shortage Is Delaying Crude Supplies

Renewable Energy: The Hottest Investment Space in Africa

Global Crude Oil Production Dips By 1.2 Mbpd In February: Saudi Arabia, Iraq Declines As U.S. Sees Increase

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