OIL & GAS
-
Cooking gas: FG Fumes As Marketers Hike Dangote’s ‘Cheap’ LPG Prices
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has waded into the scarcity of liquefied petroleum gas, popularly…
Read More » -
Nigeria’s Crude Output Drops To 1.39 Mbpd In September – Report
Nigeria’s crude oil production shrank to 1.39 million barrels per day in September 2025, marking the second consecutive month of…
Read More » -
Crude Row Deepens As Refiners Reject 11M-Barrel Local Supply
The Nigerian Upstream Petroleum Regulatory Commission has disclosed that 11 crude oil cargoes offered to local refiners in a month…
Read More » -
Tinubu Approves N4tn Bond To Clear GenCos Debts – Power Minister
President Bola Tinubu has approved a N4tn bond to clear verified debts owed to power generation companies and gas suppliers…
Read More » -
Cooking Gas Prices Stay High Despite PENGASSAN Strike Suspension
The price of cooking gas remains high despite the suspension of the strike action by the Petroleum and Natural Gas…
Read More » -
Rig Count Soars 762% As NUPRC Marks Four Years
Nigeria’s upstream petroleum regulator has reported sweeping gains in the oil and gas sector, announcing a 762 per cent rise…
Read More » -
Petrol Remains N865/litre Amid Dangote’s Free delivery
Despite receiving petrol at N820 per litre with no logistics costs, partners of the Dangote Refinery have yet to reduce…
Read More » -
Nigeria Emerges Major Crude Supplier To Senegal Refinery — Report
Nigeria has emerged as a key crude supplier to the 30,000-barrels-per-day Dakar Refinery in Senegal, even as the country celebrated…
Read More » -
President Tinubu To Inaugurate $400m Rivers Crude Export Terminal
President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October…
Read More » -
PENGASSAN Strike: NNPC Laments Losses As Union Halts Action
The Nigerian National Petroleum Company Limited, Group Chief Executive Officer, Bashir Ojulari, has lamented the crude and gas production losses…
Read More » -
148,077 Electricity Customers Metered In May, June – NERC
The Nigerian Electricity Regulatory Commission has disclosed that a total of 148,077 electricity customers were metered across the country in…
Read More » -
PENGASSAN, NUPENG Reject Govt’s Plan To Sell Assets
Two of Nigeria’s influential oil sector unions have strongly opposed the Federal Government’s reported plans to divest significant stakes in…
Read More » -
N5.6tn Debt: Energy Crisis Looms As Gas Firms Cut Supply
Nigeria faces the threat of nationwide blackouts as gas companies reduce their supply to power plants due to an outstanding…
Read More » -
Nigeria To Host Global Gas Investors Forum
Nigeria will host global gas investors and top industry leaders this October, as preparations heighten for the 2025 edition of…
Read More » -
Dantsoho Pledges Renewed Ports Efficiencies for Exports Performance, Sustainability
Managing Director Nigerian Ports, Dr. Abubakar Dantsoho has tasked his team to renew commitment towards continuous improvement of the Port…
Read More » -
FG Generates N5.21tn From Oil Sales In H1
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, raked in N5.21tn from the sale of crude oil, gas…
Read More » -
Marketers, Others Slam NNPC Over Failed Refineries’ Rehabilitation, Neglect
The Petroleum Products Retail Outlets Owners Association of Nigeria has accused the Group Chief Executive Officer of the Nigerian National…
Read More » -
India Buys Nigerian Crude As Dangote Imports US Oil
Refineries in India are buying Nigerian crude while the country’s Dangote Petroleum Refinery is largely running on American oil. In…
Read More » -
Govt Targets 5m Homes With Clean Cooking Gas
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the Federal Government plans to move five million homes…
Read More » -
FG Eyes N796bn Annually From 5% Petrol Surcharge
The Federal Government may rake in N796bn annually from the introduction of a five per cent surcharge on locally produced…
Read More »