- Monday, June 29, 2026
BusinessDay
The Federation Account Allocation Committee (FAAC) has initiated an investigation to determine what the Nigerian National Petroleum Corporation (NNPC) Limited...
Qua Iboe crude, Nigeria’s premium light sweet crude, surpassed $100 a barrel for the first time since 2022, as the...
Nearly half of the oil and gas proceeds realised in 2021 was not available to be shared to states as...
The total unremitted revenues to the Federation by some relevant government agencies and companies in the oil and gas sector...
Crude oil losses due to theft and sabotage decreased by 3.86 percent in 2021, the Nigeria Extractive Industries Transparency Initiative...
The Nigerian National Petroleum Company (NNPC) Ltd., has signed a gas supply agreement with Indorama Eleme Petrochemicals Limited that will...
Gas retailers are sounding the alarm, warning that the price of a 12.5kg cooking gas cylinder could surge to N18,000...
The Nigerian National Petroleum Company (NNPC) Limited has made three changes to its senior management team, according to a release...
The Nigerian National Petroleum Company (NNPC) Ltd., has signed a gas supply agreement with Indorama Eleme Petrochemicals Limited. According to...
Nigeria, among Africa’s largest producers of crude oil, will need to raise production by at least 300,000 to 400,000 barrels...
Nigeria’s petrol imports declined in the second quarter of the year on the back of the removal of subsidy, even...
Following several failed attempts to resolve pending issues, crude oil refinery operators have confirmed that the volume of crude oil...
The Libyan flood that has claimed over 2,000 lives and displaced more than 10,000 people may have been responsible for...
The Nigerian Oil Spill Detection and Response Agency (NOSDRA) has stated that Nigeria from 2011 to 2021 recorded loss of...
At a time when oil producers are flush with cash, Nigerians are going through tough economic conditions, validating calls for...
