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Sunday, January 5, 2025
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Oil & Energy

Tinubu Defends Fuel Subsidy Removal, Cites Need to Protect Nigeria’s Future

ENUGU, Nigeria (CHATNEWSTV) — President Bola Ahmed Tinubu on Saturday defended his decision to remove the fuel subsidy, describing it as a necessary step...

Ekpo Highlights Key Achievements as Petroleum and Gas Minister

The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has outlined a series of significant achievements in the last one year,...
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Oil Prices Rise on Colder Weather and Chinese Policy Support

Agency Report Oil prices held steady on Friday, remaining poised for weekly gains after closing the previous session at their...

Ogoni Clean-Up: HYPREP Confident of 2025 Project Completion

Agency Report The Project Coordination Office of the Hydrocarbon Pollution Remediation Projec, (HYPREP, has expressed determination to complete a significant...

Gas Shortages Force Industry Shutdown in Moldova’s Breakaway Region

Agency Report The cutting of Russian gas supplies to Moldova’s breakaway Transdniestria region has forced the closure of all industrial...

NNPC Invites Obasanjo To Visit PH And Warri Refineries For Confirmation

Agency Report The Nigerian National Petroleum Company Limited, NNPC Ltd., has responded to former President Olusegun Obasanjo’s comments on the...

US Oil Executives Anticipate Faster Permitting Under Trump — Dallas Fed

Agency Report U.S. energy executives expect faster permitting times for drilling on federal lands under President-elect Donald Trump, according to...

Obasanjo Reveals How NNPC Rejected Dangote’s $750M Offer to Manage Refineries

Former President Olusegun Obasanjo has recounted how the Nigerian National Petroleum Corporation (NNPC) rejected a $750m offer by billionaire...