Breaking News
Petrol Scarcity Bites As NNPC Admits $6BN debt, Says Price May Increase
NNPC admits to a $6bn debt impacting fuel supply says could lead to a petrol price hike above N1,000 per liter
2 September 2024
Oil Sector
Business
Pinnacle Oil Denies Importing Substandard Products
The management of Pinnacle Oil has denied allegations that it is importing substandard petroleum products into the country
23 August 2024
Breaking News
NNPCL Reports N9.3tn petrol Imports As Queues Continues
According to the Nigerian National Petroleum Company Limited (NNPCL), the Federal Government’s fuel import expenses in 2023 resulted in a staggering under-recovery
21 August 2024
Breaking News
Oil theft: Army destroys illegal facilities in Bayelsa, Rivers
Ogasabi on 9am news brings you Breaking news from the Nigerian Army’s 6 Division, which has announced the successful discovery
9 August 2024
Business
Oil deals decline by seven folds in Nigeria as investors confidence deflates
The number of deals in the oil and gas sector is a vital parameter for assessing and determining the wellness of the oil and gas industry and the economy of the country.
7 August 2024
Breaking News
Sell Crude Oil To Dangote, Other Refineries In Naira- FEC
Dangote accused international oil companies and the government of obstructing the flow of crude oil to his $20 billion plant
30 July 2024
Business
Oando Announces Approval For Acquisition of Agip Oil Shares
On September 4, 2023, Oando Plc announced the agreement with ENI for the acquisition of the Nigerian Agip Oil Company
27 July 2024
Business
Nigeria Produces 2.15% More Crude Oil M-O-M in June 2024
The average crude oil production, excluding condensates, slightly increased to 1.28 mbpd in June 2024, up from 1.25 mbpd in May 2024.
13 July 2024
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