OIL & GAS
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Nigeria Needs $100bn Power Sector Investments – FG
The Federal Government has disclosed that Nigeria requires over $100bn in combined government and private sector investments across the power…
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Fresh Fuel Import Licences Trigger Dangote Export Threat
The Dangote Petroleum Refinery is planning to export all the petrol, diesel, and jet fuel produced at the 650,000-barrels-per-day facility…
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States Urged To Revive Modular Refineries Amid Monopoly Fears
The Lagos Chamber of Commerce and Industry has urged state governments to rehabilitate existing state-owned modular refineries and encourage more…
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Dangote Refinery Commits To Energy Stability Amid Global Refineries Shutdown
Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria amid recent shocks in the international…
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Nigeria LNG Cargo Diverted To Asia Amid Price Surge
A cargo of liquefied natural gas from Nigeria has been diverted to Asia after a surge in regional prices created…
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Middle East Crisis: Cooking Gas Surges 40% To N1400 Per Kg
At the backdrop of the on-going crises in the Middle-east, the ex-depot price of Liquefied Petroleum Gas (LPG), also known as cooking…
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Customers To Get N20bn Meter Refunds From DisCos – NERC
The Nigerian Electricity Regulatory Commission has ordered all electricity distribution companies to pay N20.33bn in outstanding meter reimbursements to customers…
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FG Begins Implementation Of Executive Order On Oil, Gas Revenues
The Federal Government, FG, has commenced implementation of the Oil and Gas Revenues Executive Order 09. The Minister of Finance and Coordinating…
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Host Communities Demand Share Of 13% Derivation From States
The Host Communities Development Boards of Trustees have called on the Niger Delta state governments to remit a percentage of…
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AMNI Eyes 12,000bpd Crude From Okoro Field
The arrival of a drilling rig at the Okoro Field has marked a significant operational milestone for AMNI International Petroleum…
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Dangote Refinery Charts Industrial Future With Surfactant Plant
Dangote Petroleum Refinery has announced plans to expand beyond crude processing into a fully integrated industrial hub, unveiling five major projects…
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NNPC Begins Export Of New Crude Grade In March – Report
Nigeria is set to begin exporting a new light, sweet crude grade known as Cawthorne in March as part of…
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Dangote Signs Deal To Distribute 65m Litres Petrol
The Dangote Petroleum Refinery has concluded an offtake agreement with 12 major petroleum marketing companies to distribute between 60 million…
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Sell 51% Stake In NNPCL Refineries, PENGASSAN Urges FG
The Petroleum and Natural Gas Senior Staff Association of Nigeria on Sunday renewed its call for the Federal Government to…
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Nigeria’s Crude Oil Production Rises To 1.64mbpd In 2025 — IPPG
Nigeria’s average crude oil production in 2025 increased to 1.64 million barrels per day (mbpd), representing a 5.8 per cent year-on-year…
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Unpaid Electricity Bills Now N6tn – GenCos
Power generation companies under the umbrella of the Association of Power Generation Companies have disclosed that outstanding unpaid invoices for…
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Power Outage Looms Amid Scheduled Power Plants Maintenance
…Egbin, Azura, Sapele, Transcorp plants affected Electricity generation across the country is expected to dip temporarily as scheduled maintenance on a major…
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Dangote Overtakes Importers, Captures 62% Domestic Petrol Market
In a major shift for Nigeria’s downstream petroleum sector, the Dangote Petroleum Refinery has outpaced importers to supply approximately 62…
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Oil Wells: No Propaganda Can Overturn A’Ibom’s Ownership Rights — Eno
Akwa Ibom State Governor, Umo Eno, has reassured citizens that no amount of propaganda or sentiment can overturn the state’s…
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Not All Electricity Meters Are Free, NERC Clarifies
The Nigerian Electricity Regulatory Commission has clarified that not all electricity meters currently being installed across the country are free,…
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