Latest Energy News

Drilling And Marine

Nigeria will no longer pay subsidy on PMS – NNPC boss

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Malam Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) says Nigeria would no longer pay subsidy on petrol with...

Delta communities accuse SPDC of polluting Excravos river

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Ugborodo communities in Warri South-West local government area of Delta State, on Monday, accused Shell Petroleum Development Company of massive pollution of the Excravos...

Fire razes NNPC exploration site

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A fire has razed down vital documents at the Nigeria National Petroleum Corporation (NNPC) oil exploration site in Keana Local Government of Nasarawa State....

Again, FG reduces petrol pump price to N123.50 litre

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The Federal Government has announced another reduction of the pump price for the Premium Motor Spirit (PMS) to N123.50 per litre. Petroleum Products Pricing Regulatory...

OIL AND GAS

Switzerland considering legal actions over seized oil vessel in Bonny Island

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Swiss authorities are considering legal proceedings against the Nigerian Government for detaining a Swiss-flag-carrying oil tanker for over a year. The move comes after...

We’ve reduced oil production cost to $23 per barrel – FG

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The Federal Government on Thursday announced that the cost price of producing crude oil in the country has been reduced from $32 per barrel...

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