Subsidy: NNPCL, Nipco Partner to Deploy Autogas Stations   The Nigerian National Petroleum Company Limited (NNPCL) has announced its partnership with Nipco Gas Limited for the development and deployment of Compressed Natural Gas stations across the country. CNG, popularly called autogas, is another form of fuel that...

NNPCL Uncovers Fresh 162 Illegal Pipeline Connections, Refineries in N’Delta The Nigerian National Petroleum Company Limited has said it discovered 162 illegal pipeline connections and illegal refineries in the Niger Delta, mostly in Bayelsa in the past week. In a documentary by the oil company shared...

Petrol Imports from Russia Rises by 84% to 3.8m liter in One Year - Report The European trade overview has shown that Nigeria’s petrol imports from Russia have increased by 84 per cent in one year to 3.8 million litres (24,000 barrels) in 2023 from...

Crude Oil Rises to $84/barrel Amid Fuel Hike Speculation Brent, the international benchmark for crude oil, rose to a high of $84/barrel on Wednesday, fuelling speculations that Nigeria might witness another hike in the pump price of Premium Motor Spirit, popularly called petrol, in the...

NNPC Rallies Operators, Others to Caution Oil Production Cost The Nigerian National Petroleum Company Limited (NNPC) has called on operators, service providers in the nation’s oil and gas industry towards tackling the menace of high production cost and improving profitability in the sector. The Chief Upstream...

Reps Question $9.5bn Loss to Gas Flaring Yearly  The Speaker of the House of Representatives, Rep. Tajudeen Abbas, has inaugurated an Ad hoc Committee to investigate the alleged $9.05 billion revenue loss from gas flaring in the last decade in Nigeria. Abbas, at the inauguration of...