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Petrol Price Reduces In April, Diesel’s Increases – NBS

The National Bureau of Statistics (NBS) says the average retail price paid by consumers for petrol decreased in April compared to March. This is according...

Russian Oil Production Falls Almost 9% In April Amid Ukraine War

Russian crude production fell almost 9 percent in April. Russia now produces 1.28 million bpd below its OPEC+ designated output quota. The entire...

Buhari To Unveil New NNPC Ltd July 18 – Kyari

The new Nigerian National Petroleum Company Ltd (NNPC Ltd.) will be unveiled by President Muhammadu Buhari on July 18, 2022. The Chief Executive Officer of...

Russia Strikes Back, Cuts Off Gas Supply To Two NATO Nations

POKROVSK, Ukraine (AP) — Russia cut off natural gas to NATO members Poland and Bulgaria on Wednesday and threatened to do the same to...

ERA, Groups Expose Motives Of Shell, Other Divesting IOCs In N’Delta

Environmental and climate justice groups across the country have urged Shell and other International Oil Companies (IOCs) operating in the Niger Delta to implement...

EU Diplomats Meet NNPC MGT, Beg For More Nigeria’s Gas Supply To Europe

European Union (EU) Ambassasdors in Nigeria have paid a courtesy call on the management of the Nigerian National Petroleum Company (NNPC). During the meeting the...

How Russia’s Invasion ‘ll Shrink Ukraine Economy 45% — World Bank

LONDON (AP) — The World Bank says Ukraine’s economy will shrink by 45.1% this year because of Russia’s invasion, which has shut down half of...

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