Fuel marketers in Nigeria have expressed a strong determination to resist any form of meddlesomeness in pricing by the Nigerian government, threatening to shutdown filling stations...
The Nigerian government has cautioned players in the oil and gas segment that she would not tolerate profiteering and sharp practices that exploit consumers. The Minister...
The Federal Government has directed petroleum marketers across Nigeria to immediately reduce the pump prices of Premium Motor Spirit (PMS), popularly known as petrol, following the...
Nigeria’s oil and gas sector recorded a 283.3 per cent increase in foreign capital inflows in the first quarter of 2026, but the industry continued to...
The Nigerian Content Development and Monitoring Board (NCDMB) and an indigenous company, Southfield Petroleum Limited (SPL) have joined forces on a project to increase domestic gas...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that Nigeria approved 28 new Field Development Plans (FDPs) valued at $18.2 billion,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has set a 2.06 million barrels per day crude oil production target for 2026. In a related development,...
Nigeria’s Minister of Petroleum Resources (Oil), Heinekan Lokpobiri has declared that the country went over a decade without attracting any new investment into the oil...
Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, has praised the ongoing work on the Floating Production Storage and Offloading (FPSO) facility in Lagos...
By Sen. Heineken Lokpobiri PhD My attention has been drawn to statements made by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum...
