Oil & Gas - Page 66

Edo Receives 784,000 Litres Of Fuel As Task Force Set To Begin Monitoring Distribution, Pricing

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

Edo State Government has said it is stepping up efforts to find lasting solutions to distribution challenges and price hikes of petroleum products in the state, noting that the state has received

Victor Ezeja

2 years ago

NCDMB, BOI Launch $50m Fund For Oil Industry Manufacturing

Oil & Gas

NCDMB Pledges Continuous Support To Local Content Development In Africa

The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value

PBA Reporter

2 years ago

Fuel Scarcity Protest In Edo Enters Day 2, As Youths Block Benin-Lagos Expressway

Protest over fuel scarcity which started in parts of Edo State on Monday morning, entered Tuesday, with angry youths blocking major roads in the state including the Benin-Lagos Expressway. A video of

Victor Ezeja

2 years ago

Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus

Business·Oil & Gas

Norwegian Oil Firm To Reduce Business In Nigeria, Sell $3.5 billion Oilfield Stake

Investment bank, Standard Chartered, has been hired by Norwegian energy firm, Equinor, to sell its stake in the offshore Agbami oilfield. Equinor opted to sell the stake due to a reduction in production

Fakoyejo Olalekan

2 years ago

FG To Share $800 million Among 50 million Nigerians After Removal Of Fuel Subsidy

Business·Oil & Gas

Oil Minister Buhari Sets Up Petrol Committee As Litre Price Nears N300

President Muhammadu Buhari, who also doubles as Minister of Petroleum Resources, has created a 14-man Steering Committee on Petroleum Products Supply and Distribution management. Buhari instituted the committee to probe and resolve

Fakoyejo Olalekan

2 years ago

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has disclosed that the cost of Premium Motor Spirit (PMS) could rise to N800/litre even as petrol scarcity persists. According

Fakoyejo Olalekan

2 years ago

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

Business·FEATURES·Insights·Oil & Gas

Top Five Nigerian Oil Companies By Revenue Market Share

Despite the scarcity of Premium Motor Spirit (PMS) in 2022, which led to some retailers shutting down their outlets, the revenue generated by the oil sector grew by 32.61 per cent. According

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

The Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has revealed that the Nigerian National Petroleum Company (NNPC) Limited is yet to respond to their request for

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Finance Minister Reveals Why Buhari Is Handing Fuel Subsidy To Peter Obi, Others

The Minister of Finance, Zainab Ahmed, has revealed why the administration of President Muhammadu Buhari chose to delay the removal of fuel subsidy until the next administration. President Buhari had scheduled fuel

Fakoyejo Olalekan

2 years ago

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Business·Oil & Gas

Dangote Refinery Gets New Operational Date After 5 Years Postponement

Africa’s richest man, Aliko Dangote, will have his Dangote Oil Refinery commissioned on January 24, 2023, after operation on the refinery was postponed for six years. The refinery was initially scheduled to

Fakoyejo Olalekan

2 years ago

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Oil & Gas - Page 66

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

NCDMB Pledges Continuous Support To Local Content Development In Africa

Fuel Scarcity Protest In Edo Enters Day 2, As Youths Block Benin-Lagos Expressway

Norwegian Oil Firm To Reduce Business In Nigeria, Sell $3.5 billion Oilfield Stake

Oil Minister Buhari Sets Up Petrol Committee As Litre Price Nears N300

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

Top Five Nigerian Oil Companies By Revenue Market Share

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

Finance Minister Reveals Why Buhari Is Handing Fuel Subsidy To Peter Obi, Others

Dangote Refinery Gets New Operational Date After 5 Years Postponement

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