Newsfront Online Newsfront Online

The scarcity of cooking gas (LPG) in major Nigerian cities, including Lagos, Ogun, and Ibadan, has caused sharp price increases and widespread shortages. This is attributed mainly to the three-day oil workers’ strike, which cut the gas supply across the ...

Dangote Petroleum Refinery has expressed profound appreciation to President Bola Ahmed Tinubu for his timely intervention in averting what it described as “the disruptive actions of PENGASSAN” against the company. The company, in a statement, said the President’s leadership, through ...

The African Democratic Congress (ADC) has  kicked against the planned sale of Nigeria’s oil assets. The party’s national publicity secretary, Malam Bolaji Abdullahi, who stated this at a press conference, said the Petroleum Industry is under siege. He described the ...

The global oil market is experiencing shock from an anticipated supply hike by the Organisation of Petroleum Exporting Countries (OPEC), as oil prices edged lower on Thursday, extending a run of declines into a fourth day, with Brent hitting its ...

Nigeria’s upstream oil and gas sector has attracted $18.2 billion in new investment commitments, unlocking up to 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) of gas, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission ...

India Oil Corp has significantly sustained oil imports from Nigeria after skipping the purchase of U.S. oil in its latest tender. According to Reuters, which quoted trade sources on Friday, the company purchased 2 million barrels of Nigeria’s crude oil ...

President Bola Ahmed Tinubu on Monday inaugurated  the newest addition to Nigeria’s liquefied petroleum gas (LPG) fleet, the 40,000 cubic meters (CBM) vessel named “MT Iyaloja (Lagos),” in Ulsan, South Korea. The vessel, owned by WAGL Energy Limited — a ...

Dangote Petroleum Refinery & Petrochemicals has commenced receiving 4,000 compressed natural gas-powered trucks, an integral part of its fuel distribution logistics programme. The initiative, set to start on August 15, aims to transform the fuel distribution landscape within Nigeria by ...

Seplat Energy Plc, has been lauded by the Delta State Governor, Sheriff Oborevwori, for its sustainability commitments, especially in the execution of its signature Corporate Social Investment (CSI) programmes, strong engagement with the people and interventions in host communities. Oborevwori ...

…Continent’s refining capacity hits 1.365mbpd Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West Africa, aiming to create a more unified and transparent fuel market. This move seeks to reduce the region’s ...