Petrol price increased by 54.76% a litre in one year – NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in...
Natural Resources
NNPC’s petrol supply increases 44% a week
Nigerian National Petroleum Company Limited (NNPCL) has reported a total of 488.94 million litres of petrol distributed to 63 depots...
New oil, gas discoveries indicate huge gas reserves in Nigeria – Expert
An Oil and Gas Expert, Prof. Olanrewaju Aladeitan, has lauded the new oil and gas discoveries in Nigeria, which indicated...
Expert wants Nigeria, Qatar to take advantage of EU gas market
Prof. Olanrewaju Aladeitan has urged other gas producing countries to take advantage of the vacuum created by the non-supply of...
US firm joins rush for new lithium deposits in Tanzania
US company Titan Lithium Inc is seeking to consolidate its position in Tanzania following the discovery of lithium deposits south...
NUPRC moves to assist awardees to develop marginal fields
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is planning a production based lending engagement to assist the 2020...
Shell resumes oil export from Bonny Terminal
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday announced the resumption of oil exports from the Bonny...
Shell resumes oil export from Bonny Oil Export Terminal
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Wednesday announced the resumption of oil exports from the Bonny...
Saudi’s oil giant, Aramco nets $161bn
The Saudi Arabia oil giant, Aramco, has reported it made $161 billion from its operations in 2022. The largely state-owned...
Seplat Energy CEO, Roger Brown, steps aside
Seplat Energy Plc says its Chief Executive Officer, Mr Roger Brown, has stepped aside from running the company for a...
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