According to a recent report by the multinational non-profit platform CDP, Nigerian oil and gas companies, including major international oil companies, have received low rankings...
After the deregulation of the downstream petroleum industry, the Federal Government has initiated steps to shut down the Petroleum Equalization Fund, according to sources. ...
In February 2023, the Federal Government experienced a significant increase of 22.8 percent in deficit spending compared to previous months which can be attributed to...
According to a recent report from the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production has fallen below the 1 million barrels...
Following the removal of subsidies since May 29, the prices of petrol at depots have surged by over 100%, according to report. Mike Osatuyi,...
The ad hoc committee of the House of Representatives, responsible for investigating the alleged loss of crude oil revenue, has issued a summons to the...
In an effort to stabilize the global market, the Organization of Petroleum Exporting Countries and its allies, commonly referred to as OPEC+, have reduced Nigeria’s...
As the scarcity of Premium Motor Spirit (PMS) also known as petrol continues to bite harder, it has emerged that filling stations found hoarding the...
President Bola Tinubu’s declaration yesterday that the subsidy on petroleum products had been abolished has caused many petrol filling stations nationwide ceased operations and this...
Youths from Akwa Ibom, organized under the Forum of Youth Presidents in Mbo and the Obolo Youth Coalition, staged a protest at Universal Energy Resources...