Oil and Gas
Oil minister brokers truce between Dangote, NNPC, NMDPRA, NUPRC
Minister of State Petroleum Resources, Heineken Lokpobiri, has convened a high-level meeting with key stakeholders to address and resolve the...
Dangote offers to sell refinery to NNPC
President of Dangote Group, Aliko Dangote has said he is ready to sell his 650,000 barrel-per-day oil refinery to the Nigerian...
FG says Dangote refinery not yet licensed
The federal government says it has not yet licensed the Dangote Refinery, as it is still at the pre-commissioning stage....
Marketers say Petrol landing cost now N1,117/litre
The Major Energies Marketers Association of Nigeria (MEMAN) has said the landing cost of Premium Motor Spirit, also known as...
Nigeria to be net exporter of petroleum by December — Kyari
Group Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said Nigeria will be a net exporter...
Decline in global crude oil demand threatens Nigeria’s economy – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed concern that Nigeria's economy face significant threats over the possibility of...
Oil theft: FG approves $21 million metering system for crude oil flow stations
The Federal Executive Council (FEC) has approved a contract for the construction of a metering system for all crude oil...
IPMAN to NNPC: Increase fuel allocation to reduce queues
The Independent Marketers Association of Nigeria (IPMAN) has advised the Nigerian National Petroleum Corporation (NNPC) Limited to increase fuel allocation...
Nigeria’s crude oil production rises to 1.27m bpd in June – OPEC
Nigeria’s average daily crude oil production in the month of June rose to 1.276 million barrels. This is according to...
NNPC seeks $2 billion oil-backed loan to finance operation
Group chief executive officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said that talks are ongoing...