Oil & Gas - News Agency Of Nigeria

FG to hold national summit on integration of artisanal petroleum refinery operations

On: March 10, 2021

The Federal Government says it has concluded plan to hold a National Conference on integration of Artisanal/Modular Petroleum refinery operations in the country to improve the capacity of the products.Continue Reading

Oil industry losing investments to non-passage of PIB – Okowa

By: Ifeanyi Nwoko

On: March 2, 2021

In: Economy/Business, Oil & Gas

Gov. Ifeanyi Okowa of Delta, on Monday, said the nation’s oil industry had lost substantial investments due to delay in the passage of Petroleum Industry Bill (PIB).Continue Reading

Production cut: Sylva visits 4 OPEC countries

By: Rabi'u Sani Ali

On: February 19, 2021

In: Economy/Business, Oil & Gas

Minister of State for Petroleum Resources, Timipre Sylva, will visit some OPEC member states to discuss issues on crude oil production cut.Continue Reading

Panic buying cause of queues at filling stations in Maiduguri – DPR

By: Edith Ike-Eboh

On: February 19, 2021

In: Economy/Business, Oil & Gas

DPR says queues observed in some filing stations in Maiduguri are caused by panic buying by motorists on the assumption price hike.Continue Reading

No plans to increase petrol price, NNPC assures Organised Labour, others

By: Afonne Emmanuel

On: February 18, 2021

In: Economy/Business, Oil & Gas

Nigerian National Petroleum Corporation (NNPC) assures Organised Labour and Nigerians that there will be no increase in price of Premium Motor Spirit (PMS) also known as Petrol in month of February.Continue Reading

Global oil sector needs $12.6t investment, says OPEC

By: Ifeanyi Nwoko

On: February 18, 2021

In: Economy/Business, Oil & Gas

The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6-trillion investment to enable it contribute to achieving future global oil demand.Continue Reading

DPR to sanction sellers of PMS in Jerry cans

By: Afonne Emmanuel

On: February 16, 2021

In: Economy/Business, Oil & Gas

Department of Petroleum Resources (DPR) in Niger threatens to sanction sellers of large quantity of Premium Motor Spirit (PMS) in Jerry cans.Continue Reading