Oil and Gas

NLC demands return to old petrol price, flays price increase

The Nigeria Labour Congress has asked the federal government to reverse the latest increase in the pump price of petrol…

New fuel price band signals Nigeria’s gradual exit from subsidy regime

After decades of an opaque, flawed and corruption-laden petrol subsidy regime, a new pump price band advised by the Petroleum…

Conoil offers N1.39bn dividend payout from impressive 2019 financial performance

Omobayo Azeez On the back of its positive performance across major metrics in 2019, Conoil Plc has proposed the payment…

Oil prices drop on prospect of returning Libyan supplies

Oil prices fell on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been…

We won’t give up petrol pricing control function –PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) has said it does not intend to give up its petrol pricing control…

Oil gains amid status of trade deal and Covid-19 pandemic

Oil gained on Tuesday even in the middle of confusing arising from the status of the trade deal between the…

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