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[ June 24, 2026 ] FG mobilises EFCC, DSS, police to tackle LPG hoarding, diversion News
[ June 24, 2026 ] NUPRC, Defence target 1.8mbpd growth with new oil assets security strategy News
[ June 23, 2026 ] Sub-$80 oil tests Nigeria’s deregulation resolve News
[ June 23, 2026 ] Nigeria eyes LPG imports to close 165,000MT supply gap News
[ June 22, 2026 ] PTDF seeks stronger talent pipeline for oil industry growth News

Tinubu’s decision on fuel subsidy insensitive

…Urges ‘immediate withdrawal of policy’ …Says decision ‘could be costly gamble’ *President Tinubu Mkpoikana Udoma Port Harcourt — The Nigerian Labour Congress, NLC, has tackled President Bola Ahmed Tinubu for announcing fuel subsidy removal without consultations […]

NNPC Limited increases fuel price to N555 per liter

Lagos — The Nigerian National Petroleum Company, NNPC, Limited has instructed all petroleum marketers to adjust retail prices for the premium motor spirit to a range between N488 to N555 per liter. *NNPC Limited price […]

Fuel price hits N600/litre in Bayelsa, Rivers, Akwa Ibom

*Petrol dispenser nozzle – NMDPRA, IPMAN react Mkpoikana Udoma Port Harcourt — Fuel price has risen to N600 per litre in filling stations across Rivers, Bayelsa and Akwa Ibom States, following the end of fuel […]

Fuel stations shut, queues in others after Tinubu declares end of subsidy

Tinubu, who spoke at the Eagles Square in Abuja shortly after being sworn-in as president, said there was no provision for subsidy in the national budget from June 2023. “We commend the decision of the […]

OPEC+ meets June 4 in Vienna amid conflicting messages

*Saudi Energy Minister Prince Abdulaziz bin Salman News wire — Members of the Organization of Petroleum Exporting Countries, OPEC, producers and their main allies, together known as OPEC+, will meet in Vienna, Austria, to set […]

Navy officially hands over MT Heroic Idun

*The Commanding Officer, Forward Operating Base, Bonny, Navy Captain Mohammed Adamu, officially handover MT Heroic Idun, to the vessel Captain, Tanuj Mehta, offshore Nigeria at the weekend Mkpoikana Udoma Port Harcourt — The Nigerian Navy […]

Production at Equinor’s Statfjord A remains halted after gas leak

Oslo — Production at the Statfjord A oil and gas platform in the North Sea remains shut following the discovery of a gas leak late on Thursday, Equinor said on Friday. “It is too early […]

Norway wealth fund to vote against ExxonMobil CEO Woods as chair of the board

*Darren W. Woods Oslo — Norway’s $1.4 trillion sovereign wealth fund, the world’s single largest stock market investor, said on Friday it would vote against CEO Darren W. Woods continuing as chair of the board […]

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Chevron launches sale of Congo oil assets

*Chevron logo and trading information on display at the NYSE London — Chevron (CVX.N) has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations […]

Protesters seek to disrupt TotalEnergies shareholder meeting

Paris — French riot police held back several hundred climate activists from the venue where oil major TotalEnergies (TTEF.PA) is due on Friday to hold its annual shareholder meeting. Scuffles between police and protesters broke […]