Nine States Receive N670.55bn 13% Oil Derivation Funds in Five Months
… As Abia commission seeks upward review The nine Nigerian oil-producing states received a total of N670.55 billion as their…
Category: OIL & GAS
Dangote Refinery To Begin Nationwide Petrol, Diesel Distribution August 15
The Dangote Petroleum Refinery has announced the commencement of nationwide distribution of Premium Motor Spirit (PMS) and diesel starting August 15, 2025.…
Marketers Engage Global Suppliers To Crash Petrol Price To N700/Litre
Key petroleum products marketers in Nigeria have reportedly struck a deal with notable global gasoline suppliers to bring in products…
PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, has revealed that the…
Compel NNPCL To Account For Missing N500bn, SERAP Tells Court
… The World Bank recently disclosed that out of the N1.1 trillion revenue from crude sales and other income in…
NNPC Retirees Lament Mismanagement Of Staff Cooperative Contributions
A group of retirees from the Nigerian National Petroleum Company (NNPC) has raised serious concerns over the mismanagement of funds…
Train 7: NLNG Unveils Plan To Deepen Skills Development
Nigeria Liquefied Natural Gas Limited (NLNG) has aims to increase youth participation in its recently expanded specialised skills-based programme under…
Shell To Pay TotalEnergies $510m For Bonga Field Acquisition
French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell. The company…
After 16 Years, Regional Maritime Bank Takes Off
The federal government has announced the appointment of Adeniran Aderogba, as the first president and chief executive officer of the…
Dangote Refinery Cuts PMS Price For 6th Time This Year
Dangote Petroleum Refinery & Petrochemicals has announced a further reduction of N15 in the price of its high-quality Premium Motor…