
Worried about the dwindling oil production and the need to drive investment in the nation’s oil and gas sector, the Minister of State for Petroleum Resources...

Gabriel Ogbechie, chief executive officer (CEO) of Rainoil Limited, claims the federal government (FG) now spends N600 billion on petrol subsidy monthly. Ogbechie spoke on Tuesday...

Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the...

Libya overtook Nigeria to emerge the top African crude oil producer in March, data from the Organization of Petroleum Exporting Countries (OPEC) has shown. The North...

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 around N1,350/litre...

The Federal Government, on Friday, inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund, which has the target of attracting $575bn investments in...

Suspected bandits have invaded an LEA Primary School in Kuriga town of Chikun Local Government Area of Kaduna State abducting dozens of pupils on Thursday morning....

The Nigerian National Petroleum Company (NNPC) Ltd. has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly...

Nigeria’s Dangote Refinery with a producing capacity of 650,000 barrels per day, has been ranked among the top eight largest refineries in the world, data compiled...