Oil, Gas and Energy

The perennial petrol queues in and around Abuja may further deteriorate from this week as members of the Independent Petroleum Marketers of Nigeria (IPMAN) in the Suleja axis yesterday withdrew their services. In a communiqué read by the Secretary of IPMAN, Suleja and…

The only way to tackle the rising price of diesel and cooking gas in Nigeria is to increase the production of crude oil in the country. Group managing director of the Nigeria Nation Petroleum Company (NNPC) Ltd Mele Kyari said this when he…

Federal Government on Tuesday said the Petroleum Prospecting License (PPL) issuance ceremony for the 2020 Marginal Field Bid Round award process saw 57 fields offered. Chief Timiprye Sylva, the Minister of State for Petroleum Resources, stated this at the Petroleum Prospecting License (PPL)…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the 2020 Marginal Field bid round has earned the Federal Government about N200 billion and $7million revenue. Its Chief Executive Officer (CEO) Engr. Gbenga Komolafe made this known at the official unveiling…