Nigeria: Dangote Signs $400m Equipment Deal for Refinery Expansion

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China's leading manufacturers of construction machinery. Read more »

Nigeria: Nigeria's Crude Output Rises to 1.459m Bpd in January

Nigeria's crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, strengthening the country's position as Africa's largest oil producer, despite… Read more »

Africa: 'Africa to Attract $50bn in Oil and Gas Investment'

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that Africa is projected to attract between $48 billion and $50bn in the oil and gas sector in 2026. Read more »

Nigeria: 1,200 Athletes, Officials for Nigerian Oil and Gas Industry Games in Abuja

About 1,200 athletes and officials representing 15 oil and gas companies, regulators and affiliated institutions have converged for the 20th edition of the Nigerian Oil and Gas… Read more »

Africa: Africa Losing $15bn Yearly to Exportation of Crude Oil - Operators

Stakeholders in the oil gas sector have decried the continuous loss of jobs and investment in Africa due to lack of local value addition in crude oil production in the continent. Read more »

Nigeria: Dangote, NNPC Ink Gas Agreements to Boost Output

Three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have sealed Gas Sales and Purchase Agreements (GSPA)… Read more »

Nigeria: Gas Reserves Not Enough to Grow Nigeria's Economy - Minister

Abundant gas reserves alone would not translate into development without deliberate policies to deepen local participation, skills and ownership in Nigeria's value chain, Ekperikpe… Read more »

Nigeria: Inconsistent Regulations Stifling Energy Projects - Nuprc

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has stated that inconsistent regulatory frameworks across… Read more »

Nigeria: Oil-Rich Eba Island Tears Ogun, Ondo Apart

Ownership of the oil-rich Eba Island has torn the neighbouring Ogun and Ondo State governments apart, Daily Trust reports. Read more »

Nigeria: Controversy Trails Planned Oil Exploration in Ogun

There is disquiet over disclosure that President Bola Tinubu has approved commencement of commercial oil drilling operations in Ogun State. Read more »

Nigeria: NNPC Ltd/Chevron Targets 146,000 Barrels in Awodi-07 Oil Well

The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion… Read more »

Nigeria: NNPC Pushes Petrol Price to N835 Per Litre in Lagos, N839 in Abuja

The Nigerian National Petroleum Company Limited has adjusted the pump price of petrol upward, selling the product at N835 per litre in Lagos and N839 per litre in Abuja. Read more »

Nigeria: MRS to Sell At N839 Per Litre As Dangote Refinery Increases Petrol Price

Dangote Petroleum Refinery has announced an upward adjustment in the price of Premium Motor Spirit (PMS) otherwise known as petrol with MRS Oil Nigeria Plc retail outlets now… Read more »

Nigeria: Tanker Diesel Spill Causes Commotion in Lagos

A tanker carrying diesel crashed at Liverpool Bridge in the Apapa area of Lagos on Monday morning, sparking widespread commotion and attracting a large crowd. Read more »

Nigeria: TotalEnergies Eyes New Opportunities in 2025 Licensing Round

TotalEnergies has applauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for delivering a transparent 2024 mini-bid round and has signalled strong interest in the… Read more »

Nigeria: 15% Fuel Import Suspension in Nigerians' Interest - Stakeholder

A policy and governance analyst, Rotimi Matthew has hailed the recent suspension of the 15 per cent import duty on premium motor spirit (PMS) otherwise known as Petrol as well as… Read more »

Nigeria: With 1.7m Bpd, $20bn Field Plans, Nigeria Is Making Progress - NUPRC

Nigeria is making significant progress in its upstream petroleum sector despite global divestment pressures and the accelerating shift towards renewable energy, the Nigerian… Read more »

Nigeria: Firm Achieves First Oil From Ibom Field

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has achieved the first oil from the Ibom Field (PPL 236). Read more »

Nigeria: Stakeholders Upbeat As NUPRC Prepares for 2025 Oil Blocks' Allocation Process

There are high expectations in the upstream sector of the oil and gas industry as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced the commencement of the… Read more »

Nigeria: Dangote Clarifies Drop in Petrol Pump Price

Dangote Petroleum Refinery has debunked reports suggesting that recent reductions in petrol pump prices were due to the Federal Government's suspension of the 15% import duty on… Read more »

Nigeria: MDGIF Targets 500 CNG Refuelling Stations in Three Years

The Midstream and Downstream Gas Infrastructure Fund (MDGIF) has concluded discussion with leading Chinese Manufacturer Endurance Group to make available 500 CNG refuelling… Read more »

Nigeria: Project 1m Barrels Initiative Aims to Revive Abandoned Oil Wells - NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that Project One Million Barrels Initiative, launched in 2024, is to actively ramp up crude oil production… Read more »

Nigeria: Marketers Welcome Suspension of 15% Fuel Import Levy

Marketers and some stakeholders in the downstream sector of the oil and gas industry yesterday welcomed the suspension of the 15 per cent ad-valorem import duty on imported Premium… Read more »

Nigeria: The 15 Percent Fuel Import Levy

The recently introduced 15 per cent ad valorem levy on petrol and diesel imports, as approved by President Bola Tinubu, may be well-intentioned in its aim to protect local… Read more »

Nigeria: CSOs Asks FG to Suspend 15 Percent Fuel Import Tariff

The Peering Advocacy and Advancement Centre in Africa (PAACA) yesterday urged the Federal Government to delay the planned introduction of a 15 per cent import tariff on petrol and… Read more »