No plan to increase fuel pump price, taxes –FG
No plan to increase fuel pump price, taxes –FG President Bola Tinubu has assured that measures would be taken to stabilise demand and supply of petroleum
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Why Oil News?
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
Seplat energy confirms incident involving the Majestic rig near Ovhor, Delta State
Seplat energy confirms incident involving the Majestic rig near Ovhor, Delta State By Yusuf Yunus Seplat Energy regrets to announced a serious incident on the
NNPCL breaks silence, says no intention to hike fuel price
NNPCL breaks silence, says no intention to hike fuel price The Nigerian National Petroleum Company Limited has eventually spoken up as regards the widespread concern
Diesel price hits N950/litre, manufacturers fear shutdowns, job losses
Diesel price hits N950/litre, manufacturers fear shutdowns, job losses Oil marketers, on Monday, said the foreign exchange crisis in Nigeria and the recent implementation of
Gas expansion projects to gulp $20bn yearly – FG
Gas expansion projects to gulp $20bn yearly – FG The Federal Government, on Monday, said about $20bn annual investments would be needed to achieve the
Forcados Terminal resumes crude exports
Forcados Terminal resumes crude exports Exports of Forcados grade of crude oil has resumed, a Shell spokesperson said yesterday. This is a month after
Marketers stall petrol importation over forex unavailability
Marketers stall petrol importation over forex unavailability The inability of oil marketers to source foreign exchange (forex) may have stalled their planned importation of
Queues resurface in Lagos as marketers envisage pump price increase
FurlQueues resurface in Lagos as marketers envisage pump price increase ***** Current pump price of PMS not realistic- Marketers *** Calls for subsidy on
Forex crisis: Marketers propose N720/litre, suspend fuel imports
Forex crisis: Marketers propose N720/litre, suspend fuel imports Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise
Seplat Energy to end gas flaring by Q4
Seplat Energy to end gas flaring by Q4 By Yusuf Yunus Seplat Energy Plc is headlining Nigeria’s national gas agenda with a commitment to eliminate
