Lack of supply, high cost of transportation cause fuel scarcity
The Independent Marketers Association of Nigeria (IPMAN), Ibadan Depot, says the fuel scarcity being experienced in Ibadan and other towns...
Natural Resources
Nigeria steps to expand, develop huge gas resources
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says government is taking steps to expand and develop its...
Nigeria, 6 others drop in crude oil production
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member...
TotalEnergies posts N16.8bn profit for 2021
TotalEnergies Marketing Nigeria Plc (TEMNPLC), a leading energy company, has recorded a profit after tax of N16.8 billion for the...
NOGASA blames fuel scarcity hike in cost of diesel for transportation
The Natural oil and gas Suppliers Association of Nigeria (NOGASA ) on Tuesday blamed scarcity of fuel on high cost...
Economists, others call for removal of fuel subsidy
Stakeholders in the economic sector have called for the removal of fuel subsidy for the benefit of Nigerians. The stakeholders...
NNPC generates N1.7trn from sale of oil
The Nigerian National Petroleum Company (NNPC) has generated N1.7 trillion from crude oil sales in the last 12 months. This...
OPEC daily basket price now at $123.21 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 123.21...
Indigenous energy provider opens retail station in Benin for job creation
In its bid to deepen job creation and sustainable energy, Quest Oil Group, an indigenous energy provider, on Thursday inaugurated...
OPEC daily basket price closes at $121.54 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $121.54...
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