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The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

NBS: Price of cooking gas decreased in December 2018

The National Bureau of Statistics said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in November 2018 to N2,052.79 in December 2018.

Report: Nigeria ranks among top 10 cheapest petrol selling countries

Nigeria ranks among the top 10 cheapest petrol selling countries in the world, a policy group has revealed in its latest report.

NBS: Price of kerosene decreased in December 2018

The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene decreased to N290.74 in December 2018 from N298.32 recorded in November 2018.
Yola Electricity Distribution Company (YEDC)

BPE urges Yola DisCo to shun sectional interest

The Bureau of Public Enterprises (BPE), has charged members of the Management Board of the Yola Electricity Distribution Company (YEDC) to shun personal and sectional interests in the discharge of their duties.

NNPC: Nigeria earns $640.35 million from crude export in October

The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018.

Femi Otedola moves to acquire Forte Oil upstream, power firm

The majority shareholder of Forte Oil Plc, Mr Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on Feb. 7.

Federal government moves to monitor daily consumption of petrol

The Federal Government yesterday said it has taken measures to end the guess work on the millions of litres of Petroleum Motor Spirit (PMS) used daily in the county.

Oil prices gain on OPEC’s cut deal

Oil prices climbed by one per cent yesterday following supply cuts led by Organization of Petroleum Exporting Countries (OPEC) and Russia, although a darkening economic outlook capped gains.
L-R: Chief Operations Officer, Dangote Oil Refinery Company, Giuseppe Surace; Chairman, Execujet Services Limited, Sam Iwuajoku; Chairman, Zenith Bank, Jim Ovia; and President/Chief Executive, Dangote Group, Aliko Dangote, during the arrival of refinery equipment at the Dangote Jetty in Lekki, Lagos.

Dangote refinery receives RFCC’s regenerator

The Dangote Oil Refining Company (DORC) Ltd. has taken delivery of one of the major components of its refinery equipment, the Regenerator for the Residual Fluid Catalytic Cracker (RFCC).

Experts: Ignorance, misconception major setbacks to adoption of renewable energy

Energy experts on Saturday identified ignorance and misconception as major setbacks to the adoption of renewable energy in Nigeria.

TCN announces planned power outage in Lagos, Ogun

The Transmission Company of Nigeria (TCN) has announced a planned power outage in some parts of Lagos and Ogun States on Jan. 13 and Jan. 15, between 8:00am and 5:00pm.
Governor Abubakar Sani Bello of Niger State

Niger government confirms presence of hydrocarbon in Bida basin

The Niger State government has again confirmed the presence of hydrocarbon in the Bida basin, but explained that the state has not been able to confirm the presence of crude oil in the basin.
The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

NNPC to crash prices of cooking gas

The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

DPR urges owners of illegal petrol stations, gas plants to regularise status

The Department of Petroleum Resources (DPR) has urged owners of illegal petrol stations and gas plants to regularise their registration before the end of first quarter of 2019.
The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N2,05.14 in August from N2,01.45 recorded in July.

Drop in cooking gas price excites Lagos residents

Some Lagos residents on Wednesday expressed satisfaction with the decrease in the price and availability of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, especially during the Yuletide, the News Agency of Nigeria (NAN) reports.

Oil rises one per cent on US, China trade talk optimism

Oil prices rose by around one per cent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy.

Report: Nigeria lost $2.8 billion to oil-related crimes in 2018

The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes.

Environmental activist condemns attack on oil facility in Bayelsa

A Niger Delta environmental activist, Comrade Sheriff Mulade, has condemned the recent attacks on Conoil facility in Koluama, Bayelsa State.

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