Category: Oil/Gas Reports

Residents lament as petrol queues resurface in Abuja

“We have abundant products. It is just a transportation glitch,” NNPC said. The post Residents lament as petrol queues resurface in Abuja appeared first on Premium Times Nigeria. Powered by WPeMatico

Again, Dangote refinery announces reduction in price of diesel, aviation fuel

This development comes a week after the company announced a reduction in the price of diesel from N1,200 to N1,000 per litre The post Again, Dangote refinery announces reduction in price of diesel, aviation fuel appeared first on Premium Times Nigeria. Powered by WPeMatico

Dangote refinery announces reduction in price of diesel

The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country The post Dangote refinery announces reduction in price of diesel appeared first on Premium Times Nigeria. Powered by WPeMatico

Why crude production fell in Q1 – Minister

“The reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some Oil companies operating in Nigeria,” Mr Lokpobiri said. The post Why crude production fell in Q1 – Minister appeared first on Premium Times Nigeria. Powered by WPeMatico

OPEC keeps production policy unchanged

The oil cartel explained that the JMMC reviewed the crude oil production data for January and February 2024 and noted the high conformity for participating OPEC and non-OPEC countries of the Declaration of Cooperation (DoC). The post OPEC keeps production policy unchanged appeared first on Premium Times Nigeria. Powered by WPeMatico

Dangote refinery begins sale of petroleum products – Official

“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel” Mr Edwin said The post Dangote refinery begins sale of petroleum products – Official appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigerian petroleum agency announces new gas price for strategic sector

“The Petroleum Industry Act (PIA) 2021 assented to by the President on the 16th of August 2021 and gazetted on the 27th of August 2021 provides a clear regulatory framework for the determination of a market-based pricing regime for the domestic gas market in Nigeria,” Mr Ahmed said. The post Nigerian petroleum agency announces new […]

NNPC speaks on petrol price adjustment

“The company asserts that these reports are false and urges Nigerians to disregard them entirely,” Mr Soneye said. The post NNPC speaks on petrol price adjustment appeared first on Premium Times Nigeria. Powered by WPeMatico

How to address challenges in Nigeria’s gas sector – Minister

“I am compelled to emphasise that Nigeria, endowed with over 208Tcf in proven gas reserves, should not be grappling with energy poverty,” Mr Ekpo said. The post How to address challenges in Nigeria’s gas sector – Minister appeared first on Premium Times Nigeria. Powered by WPeMatico

Nigeria’s crude oil production rose in February – OPEC

Nigeria’s crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which cites secondary data sources, said. The post Nigeria’s crude oil production rose in February – OPEC appeared first on Premium Times Nigeria. Powered by WPeMatico

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