Crude producers should reserve a fixed percentage of their output for local refiners before exporting any surplus.
It is a big offence to under-dispense petroleum products to customers. Any petroleum marketer caught will face the full wrath ...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has sealed seven fuel stations in Kogi State for ...
The Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA) has shut down seven fuel stations in Kogi State for violations.
Godwin lamented the attitude of some oil marketers, who sabotaged the government's efforts for selfish reasons.
A report tracking the movements of motor tanker vessels, which monitors cargo tanks entering the country, revealed that the Nigeria ...
To improve security coordination, the forum resolved to set up a Joint Surveillance Monitoring Team. The initiative will ...
Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota of 1.5 million barrels per day ...
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Fuel price hike seen next week
Higher fuel pump prices are expected in the coming week, according to the Department of Energy on Friday.
The IEA notes that discounts on Russian Baltic crude to the benchmark increased by an average of $1/bbl to $12.69/bbl in January, and fluctuated from $12/bbl in early January to $15.1/bbl in early ...
The promotion of fossil fuel-driven growth by US President Donald Trump poses significant challenges but there are mitigating ...
Russia's revenue from crude oil and petroleum product sales in January increased by $900 million compared to December, ...