April 23
Nigeria: FG Urges Oil & Gas Operators to Leverage Capital Market for Funding
The Federal Government (FG) has urged the oil and gas operators to create ingenious ways of raising capital especially leveraging the nation's capital market to expand their… Read more »
April 21
Nigeria: $20bn Dangote Refinery - High Sulphur Diesel Narrative False, Mischievous - -Spokesman
The Management of Dangote Industries Limited has condemned an online report doubting the quality of its diesel. Read more »
April 12
Africa: Libya Emerges Africa's Highest Oil Producer As Nigeria's Output Drops 6.8 Percent to 1.23 Mbpd
Libya has emerged as the highest crude oil producer in Africa following the drop of Nigeria's output by 6.8 per cent to 1.23 million barrels per day in March 2024, from 1.32 bpd in… Read more »
April 01
Nigeria: Why Nigeria's Oil Belongs to the North
Former presidential aide, Dr. Usman Bugaje, in this interview, speaks on the Tinubu Presidency and his misgivings about what is happening. Read more »
March 26
Nigeria: Fuel Subsidy Removal Painful but Necessary, Gov Inuwa
Gombe State Governor, Muhammadu Inuwa Yahaya, has lamented that the removal of fuel subsidy last year, though difficult yet necessary decision. Read more »
March 07
Nigeria: Reps Ask FIRS to Recover N5.19trn Taxes From Mdas, Oil Companies
The House of Representatives has directed the Federal Inland Revenue Service to recover all taxes totaling over N5.19trn owed the Federal Government by Ministries, Departments and… Read more »
February 22
Nigeria: We 'Re Doing Our Best to Mitigate Hardship Facing Masses - Makinde
Gov Seyi Makinde has said that his administration is doing its best to mitigate the hardship caused by fuel subsidy removal on residents of Oyo State. Read more »
February 12
Nigeria: Mosop Reiterates Commitment to Oil Resumption, Devt of Ogoniland
In line with its earlier declaration on January 4, to mark the 32nd anniversary of Ogoni Day, the Movement for the Survival of Ogoni People, MOSOP, has reiterated its position to… Read more »
February 01
Nigeria: Over 30 Feared Dead As Tanker Explodes in Imo Forest
Over 30 bodies were said to have burnt to ashes after a tanker suspected to be used by oil bunkers exploded in the forest of Obitti, Ohaji/Egbema Local Government Area of Imo… Read more »
Nigeria: NNPC Ltd to Petrol Tanker Owners - Tough Times Will End Soon
Abuja-The Group CEO of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, has assured transport owners that the challenging business environment in haulage of… Read more »
January 29
Nigeria: $20bn Dangote Refinery to Import Crude Oil From United States
The $20 billion Dangote Refinery has concluded plans to import crude oil from the United States in the coming months. Read more »
January 22
Nigeria: Oil Marketers Await $20bn Dangote Refinery On Lifting Modalities
Oil marketers said they are waiting for the $20 billion Dangote Refinery to present modalities, drafted to guide the lifting of its petroleum products. Read more »
January 21
Nigeria: Months After Fuel Subsidy Removal in Nigeria - So Far, How Good?
In the run-up to the 2023 general elections, one of the hotly debated issues was the removal of fuel subsidy. Presidential candidates vowed to remove upon assuming office.… Read more »
January 10
Nigeria: NNPC Allocates Four Crude Oil Cargoes to $20bn Dangote Refinery
NNPC Ltd., has scheduled to supply four crude oil cargoes, (four million barrels), under its February programme to the $20 billion Dangote refinery. Read more »
January 08
Nigeria: Army Destroys 233 Illegal Refineries in Four South-South States
The 6 Division, Nigerian Army, Port Harcourt, destroyed 233 illegal refineries during "Operation Still Waters 3" in four states in 2023. Read more »
Nigeria: Dangote Refinery Set for Production, Receives 6th Batch of 1m Crude Oil Barrels January 8
Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum… Read more »
January 07
Nigeria: Nigeria Ranks 22nd Country With Cheapest Petrol - Report
A report has disclosed that Nigeria is the 22nd country with the cheapest petrol price across the globe, adding that the majority of nations paying over 100 times more for Premium… Read more »
January 03
Nigeria: 2024 Outlook - NURPC Targets Below $20/Barrel Production Cost
With oil production in Nigeria falling significantly short of the budget benchmark and allotted quota of the Organization of Petroleum Exporting Countries, OPEC, in 2023, the… Read more »
January 02
Nigeria: NNPC Records 112 Oil Theft Incidents in Niger Delta
The Nigerian National Petroleum Company (NNPC) Limited, yesterday, said it has recorded 112 incidences of crude oil theft in the Niger Delta. Read more »
December 29, 2023
Nigeria: Dangote Refinery Gets 3rd Crude Supply of 1m Barrel
The $19 billion Dangote Refinery, yesterday, took delivery of one million barrels of crude oil, thus increasing total deliveries to about three million barrels while boosting hopes… Read more »
December 26, 2023
Nigeria: 30 Die in Rivers Pipeline Explosion
More than 30 persons were burnt to death following an explosion from illegal pipeline tapping point in Omoku, Ogba/Egebema/Ndoni Local Government Area of Rivers State. Read more »
December 09, 2023
Nigeria: Crude Oil Theft - Illegal Connections Hit 4,800- - Mele Kyari
·Warns crude oil theft could frustrate oil projections by FG Read more »
December 08, 2023
Nigeria: Dangote Refinery Gets First One Million Barrels of Crude
Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami Crude grade from Shell International Trading and Shipping Company Limited, STASCO. Read more »
November 24, 2023
Nigeria: Why U-Turn Is Needed After 60 Years of Oil Dependence - Stakeholders
Stakeholders from various sectors have called on the Federal Government, FG, to make a significant U-turn after six decades of heavy reliance on petroleum resources. Read more »
November 20, 2023
Nigeria: Rumour of Tanker Drivers' Protest Is Handiwork of Mischief-Makers - NUPENG
The Nigeria Union of Petroleum Natural Gas Workers, NUPENG, has dismissed insinuations of planned protest by members of the Petroleum Tanker Drivers, PTD, branch of the Union,… Read more »