FG set to legalise modular Refineries – Sen Enang
Sen. Ita Enang, the Senior Special Assistant to the President on Niger Delta Affairs, has said that the Federal Government ...
Wednesday, April 15, 2026
Tag: Oil and Gas
NNPC to hands-off refineries management, adopt NLNG model
The Nigerian National Petroleum Corporation (NNPC), yesterday, stated that it would no longer be involved in the management of the ...
Oil futures rise on hopes of production cuts
Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a ...
Nigeria ready for OPEC talks, says Sylva
Timipre Sylva, the minister of state for petroleum resources, on Monday pledged Nigeria’s readiness for the deliberations on output cut ...
Oil slump, COVID-19: Nigeria, Angola, Ghana, Cameroon, Senegal hardest hit, says AEC
Nigeria to suffer $15.4bn loss, Africa’s biggest Africa’s oil producers should unfold incentives, plan for future to survive Ben Eguzozie, with ...
FG reduces petrol price to N123.5 per litre
The federal overnment on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a ...
Oil price plunges to $22, lowest in 18 years
The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 ...
Petrol imports: Marketers raise concerns over dollar shortage
While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major ...
Rig count crashes most in 4 years as oil shock rocks US shale
The number of oil and gas rigs in the US fell again this week by 44, falling to 728, with ...
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