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Energy

NNPC Ready For Forensic Audit Of Fuel Supply

The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that...

Renewed Clashes In Tripoli Threaten Libyan Oil Production

Renewed clashes broke out over the weekend in oil-rich Libya’s capital as militia forces aligned with the Government of National Unity (GNU) moved to...

Oil Surges After OPEC+ Agrees On 100Kb/d Production Cut

OPEC+ has agreed to a 100kb/d reduction in oil output for October a delegate told Reuters. https://twitter.com/Amena__Bakr/status/1566764285061206016 The small cut would reverse the 100,000 barrels a...

NNPC Ready For Forensic Audit Of Fuel Supply

The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that...

Oil Prices Climb On Expectations Of OPEC+ Production Cut

Trader expectations that OPEC and its partners will approve production cuts at next week’s meeting added upward pressure to oil prices, letting benchmarks recoup...

Nord Stream Gas Supply to EU Stopped Indefinitely – Gazprom

Russian energy giant Gazprom announced on Friday the suspension of natural gas supplies to the EU via the Nord Stream 1 pipeline, for an...

All-women protest rocks Seplat Petroleum Development Company, Sapele, over alleged illegalities

Protesters from Orere-Uluba Community in Warri South council area of Delta State, mainly young and old women, stormed Seplat Petroleum Development Company in Sapele...

Gov. Akeredolu Lambasts Mele Kyari, FG Over Pipeline Contract to Tompolo, Others

Governor Rotimi Akeredolu of Ondo State, has criticized the decision of the Group Chief Executive Officer of the Nigeria National Petroleum Company, Mallam Mele...

Gazprom Shares Rally on Huge Profits Report

Russian energy major Gazprom's stock jumped 31% on Wednesday to 267.25 rubles per share (just over $4.43) on the Moscow Exchange, following the company’s...

Dangote Refinery Agrees To Buy 300,000 BPD Of Crude For 20 Years From NNPC

The Nigeria National Petroleum Corporation Limited will have the first right of refusal to supply the Dangote refinery with about 300,000 barrels of crude...

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