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Diesel prices rise 188% in one year on Russia-Ukraine war

The average retail price of Automotive Gas Oil, also called diesel, paid…

4 Min Read

NNPC becomes full limited entity, acquires corporation’s assets, liabilities

The Nigerian National Petroleum Company Limited (NNPCL) on Friday said the complete…

3 Min Read

Amid renewables push, fossil subsidies rose above $1trn in 2022 -IEA

Fossil fuel consumption subsidies worldwide soared in 2022, rising above $1 trillion…

5 Min Read

NNPC, Gambia sign MoU on crude oil exploration

The Nigerian National Petroleum Company (NNPC) Limited on Friday signed a Memorandum…

2 Min Read

Global upstream oil investment hits highest since 2014

  Global oil and gas upstream investments in 2022 rose by 39…

NNPC to commence oil drilling in Nasarawa March 21

The Nigerian National Petroleum Company (NNPC) Limited has said Nasarawa State is…

4 Min Read

Nigeria’s rig count surges to highest since 2020 but oil production stuck at 1.3mbd

Nigeria’s oil rig count increased to 13 in January, its highest level…

6 Min Read

Oil spills down by more than half in five months

Oil spills caused by sabotage and theft dropped by 73 percent between…

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