Sequel to the removal of the fuel subsidy by President Bola Tinubu on his inauguration day, Nigerians have looked for an alternative to the hitherto well-used Premium Motor Spirit (PMS), p… Read More

Proposed crude oil exploration from 57 marginal oil fields is expected to boost Nigeria’s oil production by at least 8.835 million barrels monthly, an analysis by The PUNCH has shown… Read More

Nigerian Independent Petroleum Company (NIPCO) Plc will sustain its growth by exploiting opportunities in gas and petroleum products marketing. Addressing shareholders at the company’s… Read More

Shareholders of 11Plc, formerly Mobil Oil Nigeria Plc, have approved a resolution for the voluntary delisting of the downstream oil marketing company from the Nigerian Stock Exchange… Read More

Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 pandemic. The companies, including Total Nigeri… Read More

11 Plc (Formerly Mobil Oil Nigeria plc), one of the nation’s downstream oil and Gas Company, have mapped out strategies to survive the challenging economic environment in Nigeria Mr. R… Read More

Downstream player in Nigeria’s oil and gas sector, Nipco Plc has converted a total of 5,600 vehicles in Nigeria to use Compressed Natural Gas (CNG) as one of the company’s effort… Read More

As part of the Federal Government’s strategy to re-position the gas sub-sector, the Ministry of Petroleum Resources has commenced the implementation of initiatives to foster efficiency… Read More

Tribune OnlineUnquoted stocks: Providing equity investment exposure FOLLOWING two consecutive years of bearish performance, the Nigerian equity market is recovering fast, with the Nigerian A… Read More

The Economic and Financial Crimes Commission says its Kano Office has recovered N328,988,296,990.62 from nine major oil marketers across the country. The marketers include Conoil Plc, Total… Read More

NIPCO Plc has said its recent investment in its Liquefied Petroleum Gas (LPG), popularly called cooking gas, storage facility will help deepen the use of the product across the country. Mana… Read More

The President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Nosa Ogieva-Okunbo, has called on the Federal Government to remove the Value Added Tax on Liquef… Read More

Oil marketers said "The Federal Government may soon increase the pump prices of petrol", attributing this to the recent increase in the cost of crude oil at the international market. Crude o… Read More