Oil and Gas.
NNPCL Signs Landmark Gas Deal to Boost LNG Sector
The Nigerian National Petroleum Company Ltd (NNPCL), through its subsidiary NNPC Gas Marketing Ltd (NGML) and joint venture partner NIPCO...
Read moreDetailsNigeria Spends N930bn on Fuel Imports Despite Rising Local Refining
Nigeria imported N930 billion worth of petrol and diesel in February 2025, despite increasing output from local refineries, raising concerns...
Read moreDetailsCrude Prices Decline as Naira Appreciates to ₦1,512/$ in Parallel Market
Crude oil prices continue to decline as the naira strengthens slightly against the dollar in the foreign exchange market. Oil...
Read moreDetailsDangote Refinery Reduces Diesel Price to ₦1,020 Per Litre
The Dangote Petroleum Refinery and Petrochemicals has announced a reduction in its diesel price, dropping it from ₦1,075 per litre...
Read moreDetailsTroops Nab 29 Suspected Oil Thieves, Seize 60,000 Litres of Stolen Crude
Troops of the 6 Division, Nigerian Army, in collaboration with other security agencies, have arrested 29 suspected oil thieves and...
Read moreDetailsNNPC Refutes Explosion Reports at Warri Refinery, Confirms Routine Maintenance
The Nigerian National Petroleum Company Limited (NNPC) has dismissed reports of an explosion at the Warri Refining and Petrochemical Company...
Read moreDetailsNUPRC to Oil Firms: Supply Local Refineries or Lose Export Permits
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has directed oil exploration and production companies to comply strictly with the Crude...
Read moreDetailsBUA Group Debunks Claims of 90% Completion of Akwa Ibom Refinery
The management of BUA Group has dismissed reports suggesting that its Akwa Ibom-based BUA Refinery and Petrochemicals project is 90%...
Read moreDetailsFG Deploys CNG Buses to Ease Workers’ Transportation Challenges
The Federal Government, under President Bola Ahmed Tinubu, has approved the release of 10 Compressed Natural Gas (CNG) buses to...
Read moreDetailsNiger Delta Stakeholders Raise Alarm Over Oil Bloc Licensing Irregularities
Stakeholders from the Niger Delta region have petitioned President Bola Ahmed Tinubu, alleging irregularities in the licensing process of oil...
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