Future of oil declining… it won’t last forever, Osinbajo warns

Future of oil declining… it won’t last forever, Osinbajo warns

Vice-President Yemi Osinbajo has said the profitability of Nigeria’s oil is gradually declining. Speaking during the second national council on Niger Delta meeting held in Akure, Osinbajo said the planThe post Future of oil declining… it won’t last forever, Osinbajo...
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Navy intercepts one million litres of alleged stolen diesel in Rivers

Navy intercepts one million litres of alleged stolen diesel in Rivers

THE Nigerian Navy has intercepted 1.1 million litres of diesel allegedly stolen from pipelines belonging to multinational oil companies in Rivers State. According to the News Agency of Nigeria (NAN), no fewer than 13 suspects [...] The post Navy intercepts one...
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‘Why Nigeria may phase out diesel, petrol vehicles’

‘Why Nigeria may phase out diesel, petrol vehicles’

If Nigeria that depends greatly on revenue from oil is to ban the use of petrol and diesel vehicles, it amounts to suicide if nothing crops up to take the place of oil in the national revenue matrix. ...
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UK to ban sale of petrol and diesel cars by 2040

UK to ban sale of petrol and diesel cars by 2040

Britain said Wednesday it will outlaw the sale of new diesel and petrol cars and vans from 2040 in a bid to cut air pollution but environmental groups said the proposals did not go far enough. ...
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Price of diesel has crashed by 42% – NNPC

Price of diesel has crashed by 42% – NNPC

The Nigerian National petroleum Corporation (NNPC) said that diesel price nationwide crashed by 42 per cent due to strategic intervention... Read » Price of diesel has crashed by 42% – NNPC on YNaija ...
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Diesel price crashes by 42 per cent

Diesel price crashes by 42 per cent

The Nigerian National petroleum Corporation (NNPC) said that diesel price nationwide crashed by 42 per cent due to strategic intervention by the Corporation to sustain supply of the product. The post Diesel price crashes by 42 per cent appeared first on Vangua...
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Ship’s crew attempt to sell adulterated diesel in Lagos

Ship’s crew attempt to sell adulterated diesel in Lagos

Attempt by a syndicate which specialised in conveying illegally refined petroleum products from Niger Delta region of the country to ready buyers in Lagos state , have been foiled. The post Ship’s crew attempt to sell adulterated diesel in Lagos appeared...
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France to end sales of petrol, diesel vehicles by 2040

France to end sales of petrol, diesel vehicles by 2040

France will end sales of petrol and diesel vehicles by 2040 as part of an ambitious plan to meet its targets under the Paris climate accord, new Ecology Minister Nicolas Hulot announced Thursday. “We are announcing an end to the sale of petrol and diesel...
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NNPC Attributes Fall In Diesel Price To Improved Supply

NNPC Attributes Fall In Diesel Price To Improved Supply

The Nigeria National Petroleum Corporation (NNPC) says the recent improvement in supplies of Automotive Gas Oil (AGO) popularly known as diesel has forced the market price to fall from N300 per litre to about N160 naira per litre across major cities in Nigeria...
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NNPC: Diesel now selling for as low as N155 through our intervention

NNPC: Diesel now selling for as low as N155 through our intervention

The Nigerian National Petroleum Corporation (NNPC) says automotive gas oil (AGO), also known as diesel, is being sold for as low as N155/litre in some fuel stations around the country. AccordingThe post NNPC: Diesel now selling for as low as N155...
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