Archives for Oil and Gas - Page 22
Depots sell N220/litre, marketers project N350/litre pump price
Fuel The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of…
NNPC petrol price without subsidy is N400/litre – Marketers
Fuel The lowest price the Nigerian National Petroleum Company Limited can sell Premium Motor Spirit, popularly called petrol, to marketers, assuming there is no subsidy, is N400/litre, it has been…
Petrol stock dips by 5.48m litres, queues persist
Fuel The Nigerian National Petroleum Company Limited’s stock of Premium Motor Spirit, popularly called petrol, dipped by 5,481,239 litres, according to industry data released on Tuesday. Although the drop in…
Oil earnings crashed by N288bn in Q3 – FG
Drums of oil Nigeria’s earnings from crude oil crashed by in the third quarter of 2022 as a result of the incessant theft of the commodity in the Niger Delta,…
Seplat JV concludes 11th edition of Seplat Energy PEALs Quiz
… Green Park Academy in Edo emerges overall winner … Winning schools get project funds, scholarships CAPTION: The Seplat Energy Plc Team flank winners of the 2022 Seplat JV PEARLs…
Seplat Energy grows Q3 PBT by 90.3% to N77.5bn
Seplat logo Seplat Energy Plc, a leading Nigerian independent energy company has announced its unaudited results for the nine months ended 30 September 2022, recording a rise in profit before…
Fuel scarcity grounds Lagos, Ogun, Abuja, commuters stranded
Petrol scarcity hit different parts of Nigeria on Tuesday, forcing motorists to spend hours at filling stations while battling to get the product. Black marketers had a field day, selling…
Kerosene price soars by 118%, fuels anxiety
Household kerosene may go beyond the reach of poor Nigerians as the price of the commodity has risen by 118 per cent in the last 12 months. According to the…
Force majeure: Our plant still in operation – NLNG
The management of Nigeria LNG Ltd. (NLNG) on Thursday said the company’s plant was in operation at a limited capacity, due to reduced gas supply from some of its upstream…
NLNG shuts operations over flooding, gas scarcity looms
The Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday. Force majeure is…