Oil and Gas
Dangote Refinery slashes diesel price to N1,020 per litre
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075...
Dangote Refinery targets full capacity operation in 30 days
The Dangote Petroleum refinery, has set a target of 30 days to begin operating at full capacity of 650,000 barrels...
OPEC oil output dropped in January – Report
The Organisation of the Petroleum Exporting Countries’ (OPEC) crude production recorded a decline for the second consecutive month in January...
Oil operators owe FG $6.1 billion – NEITI
The Nigeria Extractive Industries Transparency Initiative has disclosed that as of August 2024, operators in the oil and gas sector...
Dangote exports two cargoes of jet fuel to Saudi Arabia
The Dangote Petroleum Refinery has exported two jet fuel cargoes to Saudi Aramco, the national oil company of Saudi Arabia...
Crude oil producers diverting 500,000bpd meant for local refineries – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has alleged that oil producers are diverting the daily 500,000...
Nigeria got $305 billion revenue from oil, gas in 10 years – NEITI
The Nigeria Extractive Industries Transparency Initiatives (NEITI), has disclosed that the Federal Government realised the sum of $305 billion as...
Nigeria targets 2.7mbpd oil output by 2027
Nigeria has set a target of boosting daily production by 2.7 million barrels of crude and condensate by 2027. This...
Dangote Refinery crashes petrol price to N890 per litre
Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890,...
Low supply threatens Naira-for-Crude scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell...