OIL & GAS
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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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Imported Petrol Beats Dangote On Price
The landing cost of imported Premium Motor Spirit (petrol) is now lower than the gantry price of the commodity from…
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FG Raises N501bn From Bond Market To Settle GenCos’ Debt
The Federal Government has raised N501.02 billion from the bond market to begin settling outstanding debts owed to power generation companies…
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Nigeria’s US Crude Oil Imports Rise To 42m Barrels In 10 Months
Nigeria’s crude oil imports from the United States in the first 10 months of 2025 rose to more than 42…
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Petrol Imports Hit 1.3bn Litres Despite Local Production
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, according to data released by the Nigerian Midstream and…
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FG Enforces 0.5% Levy On Fuel Wholesalers
The Federal Government has tightened regulatory pressure on fuel suppliers and their wholesale customers in the downstream petroleum sector with…
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NNPC Faces N2.27tn Lawsuits, Legal Risks Deepen
The Nigerian National Petroleum Company Limited is facing potential legal exposure running into trillions of naira, with pending lawsuits against…
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Petrol May Hit N1,400/Litre Without Local Refining – Dangote
Dangote Petroleum Refinery has warned that petrol pump prices could rise to as much as N1,400 per litre if Nigeria…
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$2.8bn AKK Pipeline Set For Activation In 2026 — NNPCL Boss
The Group Chief Executive Officer of NNPC Ltd, Bashir Ojulari, has said the $2.8 billion Ajaokuta–Kaduna–Kano gas pipeline is expected…
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FG Writes Off $1.42bn, N5.57tn NNPC Debt
President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum…
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NNPC, 12 Others Fail ICPC Integrity Test
The Nigerian National Petroleum Company Limited and 12 other ministries, departments, and agencies of the Federal Government recorded zero in…
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