OIL & GAS
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NNPC Has No Funds To Fix Old Pipelines – FG
The Federal Government has declared that the Nigerian National Petroleum Company Limited does not have the funds required to rebuild…
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Oando Acquires Agip Oil For $783m
Oando Plc has acquired a 100 per cent stake in the Nigerian Agip Oil Company from Italian energy firm, Eni,…
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NUPRC Allays Job Losses As IOCs Divest
The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has allayed the fear of job loss…
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Dangote Refinery Reduces Crude Imports From US
The Dangote Petroleum Refinery is reducing its importation of crude from the United States, taking more of Nigeria’s oil for…
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Togo, Benin Owe Nigeria $14m For Electricity – FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry…
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Port Harcourt, Warri Depots Receive Petrol As Queues Linger
The Nigerian National Petroleum Company Limited has supplied Premium Motor Spirit, popularly called petrol, to the Port Harcourt and Warri…
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Producers Decline Sale Of 460,000bpd Crude To Dangote Refinery
Oil producers, under the aegis of the Independent Petroleum Producers Group, have warned against being forced to sell crude oil…
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NNPC Reports N9.3tn Petrol Imports As Queues Linger
The Nigerian National Petroleum Company Limited has confirmed that the Federal Government incurred a debt of N5.1tn in under-recovery and…
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Tinubu Panel, Dangote Refinery Agree On Sept Petrol Rollout
The Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries…
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NNPC Battles Deepening Fuel Scarcity, Black Market Booms
The Nigerian National Petroleum Company Limited has vowed to end the queues for Premium Motor Spirit, popularly called petrol,…
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MTN, Others Get Permits To Generate Electricity
The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and…
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Nigeria, Equatorial Guinea sign gas pipeline agreement
President Bola Tinubu and the President of Equatorial Guinea, Teodoro Mbasogo, on Wednesday, in Malabo signed an agreement on the…
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Dangote Refinery Refutes Marketers’ Projection On Petrol Price
The management of the Dangote petroleum refinery has stated that it has not fixed the price of the Premium Motor…
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NNPCL Postpones P’Harcourt refinery kick-off sixth time
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State,…
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NNPC Lowered Stake In Dangote Refinery For CNG Investment – Official
The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, has disclosed that the state-owned energy firm reduced its…
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Nigeria’s Crude Oil Production Now 1.3mbpd – OPEC
Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the…
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Marketers Project N600/litre For Dangote Petrol
Independent petroleum marketers in Nigeria are hoping that the Dangote Petroleum Refinery will sell its Premium Motor Spirit, popularly called…
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Dangote Petrol: Marketers Wait As Delivery Date Extended Again
There are strong indications that the Dangote Petroleum Refinery may not roll out petrol on Monday in line with its…
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Edo Refinery Decries NNPCL’s Failure To Supply Crude
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited, has raised alarm over…
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Nigeria Doesn’t Need Fuel Importers Anymore, Refiners Warn
Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore,…
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