The Minister of State, Petroleum Resources, Chief Timipre Sylva, has said the Federal Government and regulatory authorities are making efforts to address fuel scarcity by ensuring...
The Nigeria Government has said the erratic power supply currently being experienced in Abuja and other parts of the country was caused by the low water...
The Nigerian Government has announced that it has opened bids for the construction of a 4000 MW nuclear power plant. Dr Yau Idris, Director-General, Nigerian Nuclear...
The Nigeria National Petroleum Company Limited (NNPC) has said it had commenced loading of trucks at all its depots to clear the current scarcity experienced across...
The West Texas Intermediate (WTI) crude futures surpassed $107 per barrel on Wednesday, extending an 8% rally in the previous session as the IEA warned that...
The Federal Government says the Petroleum Industry Act (PIA) has addressed the relationship with host communities with the creation of the Host Community Development Trust Fund...
The Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) says its members will not raise proceeds for depot owners selling Petroleum Motor Spirit (PMS)...
President Muhammadu Buhari has stated that the target of his administration was to make the newly rechristened Nigerian National Petroleum Company (NNPC) Limited the biggest and...
The OPEC+ cartel of major oil producers at their monthly meeting on Wednesday is likely to be powerless to control prices, which have soared above $100...
President Muhammadu Buhari has said the rising crude prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). The...