Oil and Gas
25 winners emerge at 2024 oil licensing bid round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 25 oil bidders emerged at the 2024 oil licensing bid round. The...
FG holds licensing bids for 31 oil blocks – NUPRC
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, says a new round of...
REVEALED: How we supported Dangote refinery with N1.6 trillion loan – NNPC
The Nigerian National Petroleum Company Limited has said it supported the establishment of Dangote refinery with a $1 billion loan...
Shell invests in Bonga North deep-water project
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), a subsidiary of Shell plc, says it made a Final Investment Decision...
Nigeria’s crude production to rise by 30,000bpd — Shettima
In a major gain for President Bola Ahmed Tinubu's oil sector reforms, Nigeria’s Oriental Energy Resources Limited has unveiled a...
Landing cost of imported petrol drops to N900/litre
Data released by the Major Energies Marketers Association of Nigeria (MEMAN) has shown that the estimated landing cost of petrol...
Dangote refinery exports petrol to Cameroon
Dangote Refinery says it has collaborated with Neptune Oil for the first-ever export of petrol from the refinery to Cameroon....
Nigeria’s crude oil production hit 1.48 million bpd in November – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria’s crude oil production increased to 1.485 million barrels per...
NMDPRA suspends gas supply to GenCos over N2 trillion debt
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed gas producers to discontinue supply of gas to indebted...
Import licence: Dangote refinery seeks to amend suit against NNPCL, others
The Dangote Petroleum Refinery and Petrochemicals FZE has sought to amend its suit against the Nigerian National Petroleum Company Limited...