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Oil & Gas

Interesting! NNPC Releases Details of Cost Implications of Fuel Price Cut

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele K. Kyari, has released the cost implications of the immediate reduction in the petrol pump price. The statement personally signed by the Group Managing Director, the corporation said…

How Crude Oil Price Forced FG to Slash Pump Price of Petrol

The Federal Government has ordered the Nigerian National Petroleum Corporation (NNPC) to adjust the price of fuel to reflect global market realities, with the price of crude oil at 18-year low globally as a result of the outbreak of Coronavirus…

Oil Corporation Announces 1st Gas Discovery in 3 Decades

The Sharjah National Oil Corporation (SNOC) and its partner Eni, have announced a successful new discovery of natural gas and condensate onshore in Sharjah. The discovery, named ‘Mahani’ comes within the first year of the partnership and represents the first…