Energy

Oil price rises after Saudi Arabia production cut announcement

Oil prices were on the rise on Monday, June 5, following Saudi Arabia’s announcement that it would cut its oil…

3 years ago

No time is ‘right time’ to remove fuel subsidy

By EHICHIOYA EZOMON Karma - loosely refers here as nemesis or retributive justice - connotes "cause and effect" in Indian religions;…

3 years ago

Kyari: NNPCL ending crude oil swap contracts

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says the NNPCL is winding down…

3 years ago

Subsidy: IPMAN lauds FG over approval for importers, says price’ll crash

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended the Federal Government for approving importation of petroleum products by…

3 years ago

Petrol: Issue licence to importers for competitive pricing, IPMAN tells FG

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to issue licences to more importers…

3 years ago

Lagos govt to motorists: Stop panic buying of petrol

The Lagos State Government has advised residents and motorists to desist from panic buying of Premium Motor Spirit (PMS), otherwise…

3 years ago

NMDPRA: Fuel importation now open to all

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it would no longer fix or release templates for prices…

3 years ago

Petrol price: NLC begins strike Wednesday

The Nigeria Labour Congress (NLC) has declared that it would commence a nationwide strike on Wednesday, June 7, as part…

3 years ago

NNPCL: Dangote, other refineries won’t reduce petrol price

The Nigerian National Petroleum Company Limited (NNPCL) says the production of Premium Motor Spirit (PMS), otherwise known as petrol, by…

3 years ago

NNPCL: Fuel subsidy not in 2023 budget

The Nigerian National Petroleum Company Limited (NNPCL) says contrary to speculations, the immediate past government did not make provisions for…

3 years ago

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