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Oil & Gas

Businesses, Economists Foresee CBN Holding Rates at 26.5% Amid Inflation Risks

  The Central Bank of Nigeria (CBN) is widely expected to retain its benchmark Monetary Policy Rate (MPR) at 26.5 per cent when the Monetary Policy Committee (MPC) concludes its...

FG Opens Talks with Dangote as Marketers Suspend Petrol Purchases, Depot Prices Hit N1,350

  Independent petroleum marketers have suspended fresh petrol purchases over mounting pricing uncertainty, prompting the Federal Government to open...

Villa Sign Joao Gomes From Wolves

  Aston Villa won the race to sign Brazil midfielder Joao Gomes from Wolves on Monday in a deal...

Chelsea Sign Man Utd Striker Malard for £850,000

  Chelsea have signed France forward Melvine Malard from Manchester United for a fee of about £850,000. The 26-year-old is...

Players to Undergo Sex Test to Play on WTA Tour

  The Women's Tennis Association (WTA) is to require all players to undergo genetic sex testing in order to...
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NNPCL Dismisses Claims of Explosion at Warri Refinery, Says Routine Maintenance Ongoing

By Orkula Shaagee The Nigerian National Petroleum Corporation (NNPC) Ltd. has dismissed reports that there was no explosion at the Warri Refining and Petrochemical Company...

Tinubu’s Carrot Approach to Resumption of Oil Exploration in Ogoniland

By Orkula Shaagee President Bola Tinubu is not leaving any stone unturned in his determined efforts to generate enough revenue to develop Nigeria in his...

Court set date to rule on NNPCL’s objection against Dangote Refinery suit

By AbdulRahman Obaje A Federal High Court in Abuja on Wednesday, February 5th, 2025 fixed March 18 for ruling on the Nigeria National Petroleum Company...

PETROAN Blames Exportation of Crude Oil for Domestic Refining for Local Refineries’ Neglect

By Orkular Shaagee The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has identified exportation of crude oil meant for domestic refining as a...

Allegations of Oil Bunkering Against Olu of Warri False – Delta Monarch

By Orkular Shaagee A traditional ruler in Delta State, Oritsuwa of Warri Kingdom, Godday Erewa, has poured cold water on allegations linking the Olu of...

Oil Firms Risk Export Permit Denial over Failure to Meet Domestic Crude Obligations

By Orkula Shaagee The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it will henceforth deny export permits for crude oil cargoes intended for...
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