Average Price of 5kg Cooking Gas Stood at N4,562. – NBS
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N4,189.96 recorded in September to N4,562.51 in October.
PCNGi Collaborates With UN Agency on Nigeria’s Greener, Sustainable Future
The Presidential Compressed Natural Gas Initiative (PCNGi) has partnered with the United Nations Sustainable Energy for All (SEforALL) for a greener and more sustainable future in Nigeria.
Petrol Price Increased to N630.63 in October- NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023.
Oil Mixed as OPEC+ Members Dispute Colour Supply Outlook
Oil prices swung as OPEC+ members altered their plans to digitally communicate output decisions after delaying their meeting for four days, flooding the markets with supply concerns.
Crude Oil Production, Price Benchmark for 2024 Budget Realistic – NNPCL
The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable.
NNPC Ltd, TotalEnergies Sign MoU on Adoption of Methane Detection Technology
The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with TotalEnergies for adoption and deployment of Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in its upstream operations.
Tanker Drivers Have no Plan to Break Away From NUPENG- Forum
The forum of former National Chairmen of the Petroleum Tanker Drivers Branch (PTD) says the tanker drivers have no plan to break away from the umbrella union.
OPEC+ Cuts Output to Boost Oil Prices
Saudi Arabia, Russia and other major oil-producing nations have announced they would further slash production next year to prop up volatile prices.
Dangote Refinery Begins Operations with 350,000bpd
Dangote Refinery has secured its first cargo deal of about 6 million barrels, ready for delivery, even as the much-anticipated project begins with 350,000 barrels a day next month, founder Aliko Dangote has disclosed.
NLNG Delivered 3 Cargoes of LPG to Local Market in December, says Odeh
The Nigeria Liquefied Natural Gas (NLNG) says it has delivered three cargoes of Liquefied Petroleum Gas (LPG) to the local market in the month to moderate prices and ensure regular supplies during the period.
