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Nigerian Government Urged to Exit OPEC

ROTIMI ASHER The Chairman, National Gas Expansion Programme, (NGEP), Dr. Mohammed Ibrahim, has advised the Nigeria Government to exit Organization of Petroleum Exporting Countries (OPEC) ...

Shell Nigeria Investigates Possible Trans Niger Oil Pipeline Leak

Nigerian authorities and Shell’s local subsidiary were on Monday investigating the cause of an oil spill on the Trans Niger pipeline that lasted several...

Oil Prices Rise, As Dollar Eases, China Seeks To Soothe Economic Woes

Oil prices rose on Thursday after falling for three straight sessions, as the dollar weakened and China's central bank sought to bolster the property...

No Intention to Hike Fuel Pump Price – NNPCL

The Nigerian National Petroleum Corporation Limited has debunked claims making the round over an upward review of fuel pump prices nationwide. NNPC Limited disclosed this...

Subsidy Removal: 5 Extra Ways to Save Fuel

About 60 days after President Bola Tinubu assumed office, Nigerian motorists are yet to recover from the shock of fuel subsidy removal. Following Tinubu’s...

Marketers Give Reasons for Fuel Price Hike in Nigeria

Oil marketers in Nigeria have attributed the recent increase in the cost of Premium Motor Spirit, commonly known as petrol, to the devaluation of...

Nigerian Government Okays 9000 Fuel Stations for Autogas Sales

There are over 9,000 licensed filling stations across the country that are fit for the co-location of facilities that dispense autogas fuel, the Nigerian...

NNPC to Install Electric Vehicle Charging Points across Nigeria

As part of moves to reduce carbon emission, the Nigerian National Petroleum Company Limited plans to install charging ports across its filling stations nationwide...

Fuel : Tinubu Announces Rewards, Says Subsidy Removal Stops Nigeria from Going Under

President Bola Ahmed Tinubu has promised Nigerians worthy rewards for their sacrifices and pains, following the removal of fuel subsidy. In his maiden democracy Day...

Inject Fuel Subsidy Savings into Automobile Credit Scheme, Expert Tells Tinubu

To cushion the effect of Fuel subsidy removal on Nigerians, President Bola Ahmed Tinubu has been advised to make locally assembled/manufactured commercial vehicles affordable...

Subsidy Removal: Nigeria’s Top Oil Companies Demand Full Deregulation

Some top oil and gas companies in Nigeria have called for full deregulation of the downstream sector of the oil and gas industry. The Indigenous...

Shell, Techno Oil Clinch Awards for Optimal Services to Nigeria

Two international oil majors, Shell and Schlumberger and Nigeria’s Techno Oil Ltd. have clinched awards for excellence in service delivery to Africa’s largest economy,...

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Colour Blind Visitors Get Special Glasses at Mercedes-Benz Museum

Automotive history is diverse and colourful. This is also to be understood quite literally, as the fascinating colours, shades and contrasts in the Mercedes-Benz...

Bid for 2030 World Expo: Hyundai Showcases Art Cars in New York

Towards supporting the South Korean city of Busan’s bid to host the 2030 World Expo, Hyundai Motor Group is planning exhibition and road tour...

Nigeria’s Oil Revenue Rises by N188.71b

Nigeria’s earnings from crude oil sales increased by N188.7 billion in August 2023 due to the rise in the production of the product by...

Oil Prices Extend Gains toward $95 on Tight Supply

Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a widening supply deficit in the...