This development comes a week after the company announced a reduction in the price of diesel from N1,200 to N1,000 per litre The post Again, Dangote refinery announces reduction in price of die...
The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country Th...
“The reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some Oil companies operating in Nigeri...
https://www.premiumtimesng.com/oilgas-reports/685659-why-crude-production-fell-in-q1-minister.html
The oil cartel explained that the JMMC reviewed the crude oil production data for January and February 2024 and noted the high conformity for participating OPEC and non-OPEC countries of the Decl...
https://www.premiumtimesng.com/news/top-news/683208-opec-keeps-production-policy-unchanged.html
“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel” Mr Edwin said The post Dangot...
“The Petroleum Industry Act (PIA) 2021 assented to by the President on the 16th of August 2021 and gazetted on the 27th of August 2021 provides a clear regulatory framework for the determinati...
“The company asserts that these reports are false and urges Nigerians to disregard them entirely,” Mr Soneye said. The post NNPC speaks on petrol price adjustment appeared first on Premium...
https://www.premiumtimesng.com/news/more-news/681569-nnpc-speaks-on-petrol-price-adjustment.html
“I am compelled to emphasise that Nigeria, endowed with over 208Tcf in proven gas reserves, should not be grappling with energy poverty,” Mr Ekpo said. The post How to address challenges in...
Nigeria’s crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which cites secondar...
“As we continue to do our best to deepen transparency and stamp out corruption from the system, there is one big challenge that you will need to help us with, Mr Chairman. That challenge is cru...
There is no Scarcity, we have abundant products and there is no cause for alarm- NNPC Ltd The post Fuel queues hit Abuja appeared first on Premium Times Nigeria .
https://www.premiumtimesng.com/news/headlines/675626-fuel-queues-hit-abuja.html
The order will include the Introduction of incentives to stimulate non-associated gas projects, midstream developments, and deepwater ventures. The post Tinubu signs executive orders to revamp ...
“I want to use this opportunity to assure everyone that no IOC is leaving Nigeria. They are only going deep offshore,” Mr Lokpobiri said. The post International Oil Companies not leaving Ni...
“The decision to remove the petroleum subsidy is a challenging one, but it is a step we must take to secure our energy future and foster economic growth,” Mr Tinubu said. The post Petrol su...
The government said this is part of its effort to tackle the rise in the price of cooking gas in the country. The post Nigerian govt set to ban export of cooking gas appeared first on Premium ...