Monday, October 26, 2026

President Tinubu appoints minister of Petroleum resources as co- chairman of NCDMB governing Council

In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the...

FG to initiate a new audit of the N2.8tn fuel subsidy

The Federal Government is preparing to initiate a new audit of the N2.8tn fuel subsidy request submitted by the Nigerian National Petroleum Company Limited. An...

NNPC Ltd Cautions Against Panic Buying, says 30 days PMS sufficiency intact

As the nationwide supply and distribution of Premium Motor Spirit (PMS), also known as petrol, continue to improve, the Nigerian National Petroleum Company (NNPC)...

Dangote refinery gets valid operating licence soon – FG

The Federal Government, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum...

FG to sell Shell’s assets, list divestment criteria

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that the assets and liabilities of Shell Petroleum Development Company of Nigeria Limited (SPDC) are available...

NLNG Limited taken another significant stride with the signing of MoU to improve healthcare

As part of efforts to deepen the improvement of healthcare infrastructure and services across Nigeria, Nigeria LNG Limited (NLNG) has taken another significant stride...

FG to execute $3.8bn gas supply agreement in May

The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to be executed in May...

Fuel queues resurface in Lagos as supply dips

Motorists in Lagos had a hectic time getting petrol yesterday as queues worsened across filling stations in the state. Findings revealed a shortage in supply...

Diesel price drops as Dangote sells N1,225/litre, supplies petrol May

The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a few weeks ago, to...

Natural gas prices soar amid tariff hikes, power sector subsidy

Electricity generation companies, facing gas shortages may be entangled in another crisis as the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) increased prices of...