News Analysis

NBS: Nigeria Imported 11.94 billion litres of petrol in first half 2023

February 21, 2024. Azonuchechi Chukwu. The National Bureau of Statistics says 11.94 billion litres of Premium Motor Spirit (PMS) also known as petrol were imported in...

Petrol Tanker drivers Suspends Nationwide Strike Following Talks with Government and Stakeholders

The Nigerian Association of Road Transport Owners (NARTO) has called off its planned nationwide strike after engaging in discussions with the federal government and...

Nigeria Calls for Investment in Deepwater Gas and Infrastructure

As Nigeria's oil and gas industry gears up for the Invest in African Energy 2024 forum, the nation is focusing on its abundant natural...

Shell Commits to Extending Operational Life of Bonga Deepwater Project in Nigeria

In IBADAN, Nigeria, Royal Dutch Shell PLC announced its commitment to prolonging the operational life of Bonga, its pioneering deepwater project in Nigeria. The...

Nigeria nears oil independence as Dangote refinery eyes first fuel cargoes export

According to a Reuters report, Dangote Oil Refinery in Nigeria has initiated tenders to sell two fuel cargoes for export, marking the debut from...

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