Oil & Gas - Page 16

Fuel Scarcity Looms As Forex Crisis Causes 90% Depot Shutdown

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

In a revelation by the National Bureau of Statistics (NBS) on Wednesday, the average retail prices of petrol and diesel soared in October 2023. The NBS’s Petrol Price Watch for October disclosed that

Emmanuel Ochayi

6 months ago

Business·Latest News·Oil & Gas

Nigeria, Germany Cement Economic Ties With $500 Million Renewable Energy Deal

In a development, Nigeria and Germany solidified their economic partnership through significant agreements signed at the German-Nigerian Business Forum worth $500 million. President Bola Tinubu, addressing attendees in Berlin, emphasized Nigeria’s robust

Emmanuel Ochayi

6 months ago

1.78mpd Oil Output Project Can Be Achieved – NNPCL

Business·Latest News·Oil & Gas

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

The Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has described the destruction of over 5,000 kilometers of oil pipelines by vandals as a national calamity, with the country

Victor Ezejaand

Admin

6 months ago

Why Price Of 12.5kg Gas May Hit ₦18k by December In Nigeria

Business·Latest News·Oil & Gas

LPG Refill Costs Soar By 14.04% In October, Adding Pressure on Nigerian Homes

In light of the latest data released by the National Bureau of Statistics, the average retail cost of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG) surged by 14.04% in October

Emmanuel Ochayi

6 months ago

Eni, Nigerian Govt Pause Oilfield Dispute Arbitration For License Talks

Business·Latest News·Oil & Gas

Eni Halts Arbitration On OPL 245 Oilfield Dispute With Nigerian Govt

Eni, an Italian oil giant, has pressed pause on their arbitration proceedings concerning the OPL 245 oilfield dispute with the Nigerian government. The move aims to open discussions on transforming the license

Emmanuel Ochayi

6 months ago

Business·Latest News·Oil & Gas

Nigerian Govt Faces $16 Trillion Loss From Decade-Long Natural Gas Flaring- Report

The Federal Government of Nigeria has been revealed to have incurred an estimated loss of $16 trillion over the past decade due to natural gas flaring, as detailed in the Energy Institute’s

Emmanuel Ochayi

6 months ago

Africa·Business·Latest News·Oil & Gas

German Chancellor Pledges $4.4 Billion For Africa-EU Green Energy Initiative

In a commitment during the G20 Compact with Africa Investment Summit in Berlin today, German Chancellor Olaf Scholz announced $4.4 billion funding injection into the Africa-EU Green Energy Initiative, aiming to span

Emmanuel Ochayi

6 months ago

Business·Latest News·Oil & Gas

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Residents of South East, South-South and North Central zones in Nigeria may suffer another round of petrol scarcity as the Eastern zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has

Victor Ezeja

6 months ago

Business·Latest News·Oil & Gas

Seplat Plans $250M Gas Plant In Delta State, Focuses On Energy

Effiong Okon, Seplat Plc's Director of New Energy, revealed the company's blueprint to erect a $250 million gas plant in Sapele, Delta State.

Emmanuel Ochayi

6 months ago

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

Business·Latest News·Oil & Gas

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

Oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) engaged in a tug-of-war over the ongoing fuel scarcity that has led to long queues at petrol stations in Abuja and neighboring

Emmanuel Ochayi

6 months ago

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Oil & Gas - Page 16

Petrol Hits N630.63/Litre, Diesel N1004.98/Litre In October- NBS

Nigeria, Germany Cement Economic Ties With $500 Million Renewable Energy Deal

NNPCL Kicks As Nigeria Records 172 Crude Oil Theft Incidents In 1 Week

LPG Refill Costs Soar By 14.04% In October, Adding Pressure on Nigerian Homes

Eni Halts Arbitration On OPL 245 Oilfield Dispute With Nigerian Govt

Nigerian Govt Faces $16 Trillion Loss From Decade-Long Natural Gas Flaring- Report

German Chancellor Pledges $4.4 Billion For Africa-EU Green Energy Initiative

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Seplat Plans $250M Gas Plant In Delta State, Focuses On Energy

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

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