MSM Group chairman has revealed that his company discovered a large oil reserve worth $15bn and that the NNPC Limited was not even aware of its existence.
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Energy Latest News
More Nigerians to move away from national grid as solar panel factory opens in Lagos
LPV Technologies has unveiled a new solar panel factory in Lagos to reduce reliance on imports as it urges the government to ban imported panels.
Nigeria gains new position in Africa as oil and gas reserves hits new high
The Nigerian Upstream and Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria's official petroleum reserves have risen to 37.28 billion barrels.
Energy rights group backs naira-for-crude policy, warns new NNPCL leadership against dubious reforms
An Energy rights group has hailed the revival of the naira-for-crude policy, asking the new NNPC leadership to avoid the pitfalls of the former NNPC leaders.
PETROAN says cheaper fuel likely as NNPCL, MRS, Ardova's new pump price emerges
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has a message for Nigerians on petrol as NNPC, MRS, Ardova set to adjust pumps.
MRS, Ardova, Hyden filling stations sell at cheaper rates than NNPC as new fuel price emerges
Dangote Refinery has sparked a petrol price competition following its decision to reduce the cost of loading petrol for marketers buying from its facility.
Dangote Refinery slashes petrol price, filling stations to adjust pumps
Dangote Refinery has announced new fuel prices for marketers purchasing its products, and partnered filling stations are set to adjust their pump prices accordingly.
Fuel prices set to drop below N930 as FG gives order to NNPC, NMPDRA
The federal government has given an order to the NNPC Limited and NMPDRA to resume crude oil deal in naira with Dangote Refinery and others to crash fuel prices.
Naira-for-Crude: FG gives strict orders to NNPC, NMDPRA to sell crude oil to Dangote, others
The Nigerian government, through the Federal Executive Council (FEC) has directed the full implementation of the naira-for-crude deal with local refineries.
Fuel prices across Africa drop, Nigeria's is cheapest in West Africa
There are new fuel prices across Africa. While most countries recorded a drop, Nigeria saw an increase but it still remains one of the cheapest in West Africa.
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