Oil&Gas - Page 3

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has asked refiners, depot owners, and fuel importers to reduce their prices. They say international crude oil prices have dropped, so pump

Shell has appointed Elohor Aiboni as Executive Vice President and Country Chair Nigeria. She takes over from Marno de Jong, who leaves after 34 years with Shell. The new appointment takes effect

Governor Lucky Aiyedatiwa has demanded for the reactivation of a dormant Ondo oil field to boost Nigeria’s crude output. Receiving Sahara Energy team Tuesday in Akure, he said the asset, inactive since

Nigeria exceeded its the Organisation of the Petroleum Exporting Countries (OPEC)target in May 2026, pumping 1.70mbpd – the highest in 11 months. At 102% of the 1.5mbpd quota, the output keeps Nigeria

A joint team of the Nigerian National Petroleum Company Limited (NNPC Ltd), security agencies and prosecutors inspected a vandalized NPSC crude pipeline in Pai, Kwali, FCT on Tuesday in the latest act to

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that Nigeria has met production quota of the Organization of Petroleum Exporting Countries (OPEC). He disclosed this at the 41st

Shell Nigeria Gas has identified pipeline expansion and the market-making role of distributors as strategic pathways to advance gas utilisation in Nigeria. Speaking at the Association of Local Distributors of Gas forum

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has implored financial institutions to support operators in expanding domestic gas production. Its Chief Executive (CCE), NUPRC, Mrs. Oritsemeyiwa Eyesan, stated this on Thursday when

The Minister of Petroleum Resources has given the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) nod to commence the 2026bLicensing Round in the fourth quarter of this year. The Commission’s Chief Executive, Mrs.

Nigerians paid more for petrol in April 2026 as the average retail price of PMS jumped 18.97% to ₦1,532.93 per litre, up from ₦1,288.54 in March, the National Bureau of Statistics NBS