Oil and Gas
15 vessels to berth at Lagos ports with petroleum products, others
The Nigerian Ports Authority (NPA) says no fewer than 15 ships are waiting to berth at the Lagos ports. According...
Thunderstorms, flood cause of fuel scarcity— NNPC
The scarcity of Premium Motor Spirit (PMS) in Abuja, leading to long queues at filling stations has been blamed on...
Report: Nigeria’s petrol imports debt hits $6 billion
Nigeria’s debt to petrol suppliers has surpassed $6 billion, doubling since early April. According to a report by Reuters on...
NNPC launches 12 CNG stations in Abuja, Lagos
The Nigeria National Petroleum Company (NNPC) Ltd has commissioned 12 Compressed Natural Gas (CNG) stations in Abuja and Lagos. Group...
Oando acquires 100% of Nigerian Agip Oil
Oando PLC has completed the acquisition of 100 per cent shares of Nigerian Agip Oil Company Limited (NAOC Ltd). Chief...
FG seeks more investments as oil production drops to 1.3mbpd
Minister of State, Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has called for more investments in the oil and gas industry...
Nigeria can produce 2 million barrels of oil daily – NNPC
The Nigerian National Petroleum Company (NNPC) Ltd has said a detailed analysis of assets has revealed that Nigeria could conveniently...
Dangote refinery begins gasoil exports to West Africa
Dangote oil refinery has began gasoil exports to West Africa, capturing market share from European refiners, according to traders and...
NNPC probes ‘Lubricants-for-Petrol’ incident
The NNPC Retail Limited attention has been drawn to a recent video clip on social media concerning its fuel pump...
Fire outbreak at $20bn Dangote Refinery
A section of the $20 billion has been razed by fire. The fire which started on Wednesday afternoon, began at...