Fuel Supply

Petroleum landing cost now N216, as daily subsidy hits N4.64bn

Arakunle Kayode   As a result of the recent increase in global prices in oil and the depreciation of Naira…

By Online Editor
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One billion oil barrels found in North-East, says FG

Timipre Sylva, the minister of state for petroleum resources, said on Wednesday that the nation’s oil and gas sector has…

IOCs delay $58.4bn oil, gas projects in Nigeria

A number of oil and gas projects valued at $58.4bn are facing an uncertain future as international oil companies operating…

Crude oil, gas exports increase by 53% –NNPC

The Nigerian National Petroleum Corporation has announced that crude oil and gas export sales increased by 52.84 per cent to…

Brent oil prices weaken ahead of OPEC+ meeting

Oil prices fell on Friday as Russia appeared to advocate putting off a decision by the world’s top producers on…

FG, others shared N702.058Bn in October as oil earnings dip

Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a sum…