[Leadership] Troops of the 6 Division, Nigerian Army have arrested nine suspected oil thieves and confiscated products worth over N250 million in operations carried out across states in the Niger Delta region.
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[Premium Times] The UAE energy ministry announced this in a statement on Tuesday.
[Vanguard] Forget the sanitised press releases. Here is what is unfolding around the Amukpe-Escravos Pipeline, AEP.
[This Day] · Calls for joint capital mobilisation, dual listings, others to unlock Africa's energy value chain
[This Day] Peter Uzoho
[Leadership] In a bid to stabilise supply and curb rising costs in the aviation sector, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pegged aviation fuel, also known as Jet A1, at a maximum of N2,037 per litre in Abuja, with the product costing between N1,760 and N1,988 per litre in Lagos.
[This Day] The federal government moved yesterday stabilise the prices of Jet fuel to save airlines operating in the aviation sector. But this has triggered concerns within Nigeria's aviation and downstream petroleum sectors raising fears that the move could trigger market distortions. Instead some analysts believe the sector should be allowed to operate on the basis of market forces.
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) has denied claims that it is selling scrap materials, equipment, or components from its refineries, describing such reports as false and misleading.
[Premium Times] The airline says surging aviation fuel prices are forcing operators to absorb heavy losses, raising concerns over sustainability and service disruptions.
[Scrolla] Khayelitsha taxi workers earn a quarter of total weekly profits, and soaring fuel prices mean drivers take less cash home. The Cape Organisation for the Democratic Taxi Association warns taxi bosses will raise passenger fares unless the government cuts levies.
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