Energy
Fuel supply still very low despite FG claims – Marketers
Oil marketers insisted on Sunday that the supply of Premium Motor Spirit, popularly called petrol, was still very low despite...
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Illegal crude oil pipeline uncovered in Rivers community
The authorities of the Tai Local Government Area of Rivers State, have said they have uncovered a pipeline used by...
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FG disburses N173bn for uniform fuel price nationwide
The Federal Government disbursed about N173.2bn for the equalisation of over 11.6 billion litres of Premium Motor Spirit, popularly called...
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Oil nudges higher after China opens borders, lifts fuel demand outlook
Oil prices edged up on Monday, a day after travelers streamed into China following a reopening of borders that lifted...
Read moreOil rises as China recovery, U.S. buyback plan brighten outlook
Oil rose on Monday as the prospect of demand recovery, led by China's loosening of COVID-19 curbs and the United...
Read moreOil slips as U.S. crude stock build stirs doubts on demand
Oil prices fell in early trade on Wednesday after industry data showed a surprise build in U.S. crude inventories against...
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Oil prices climbs after OPEC+ keeps output cut targets, China eases COVID curbs
Oil prices jumped 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban...
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Marketers resort to private depots, shortage hits NNPC
The Independent Petroleum Marketers Association of Nigeria has disassociated itself from the current scarcity of the Premium Motor Spirit, also...
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NNPC, Chevron JV to drill 37 wells with $1.4bn
Hopes for renewed oil investment which has been on the decline for some years may have been rekindled again with the...
Read moreDepots sell N220/litre, marketers project N350/litre pump price
The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end...
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