Nigeria: NNPC Signs MOU for Restart, Expansion of Warri, Port Harcourt Refineries

The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese companies for a Technical Equity Partnership (TEP) to… Read more »

Nigeria: Navy Destroys Illegal Refineries, Recovers 163,000 Litres

The Nigerian Navy has intensified its crackdown on crude oil theft in the Niger Delta, dismantling illegal refining camps and disrupting oil theft networks in Rivers and Bayelsa… Read more »

Nigeria: Nigeria's Petrol Marketers Take Advantage of Momentary Rise in Oil Prices

Nigerians may be facing fresh round of fuel pump price increases as global crude oil prices record momentary uptick on the back of escalation in US-Iran war. Read more »

West Africa: Nigeria's Non-Oil Exports Hit $6.1bn, Reach 210 Markets

·Bets on women-led SMEs for inclusive growth Read more »

Nigeria: Just in - Dangote Refinery Fixes Jet Fuel Price At ₦1,820/Litre

The Dangote Petroleum Refinery has fixed the gantry price of aviation fuel at ₦1,820 per litre, a move aimed at enhancing transparency in the sector. Read more »

Nigeria: Reflecting On the Great AEP Revival

Forget the sanitised press releases. Here is what is unfolding around the Amukpe-Escravos Pipeline, AEP. Read more »

Nigeria: Jet Fuel - Keyamo Seeks Calm, Calls Stakeholders' Meeting

Minister of Aviation and Aerospace Development, Festus Keyamo, Friday, urged the Airline Operators of Nigeria, AON, not to adjust ticket prices over the rise in jet fuel, saying it… Read more »

Nigeria: Airline Operators Threaten to Suspend Operations Over Surge in Jet Fuel Price

Airline Operators of Nigeria, AON, has warned that airlines across the country may suspend operations from April 20, 2026, over what it described as an "astronomical and… Read more »

Nigeria: Daily Petrol Imports Rise 96.6 Percent to 5.9m Litres - NMDPRA

Importation of premium motor spirit (PMS), also known as petrol, by oil marketers rose by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres in… Read more »

West Africa: Nigeria Misses OPEC Quota, Produces 1.38m Bpd

The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria's crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in… Read more »

Nigeria: Daily Petrol Imports Jump 96.6 Percent to 5.9m Litres in March - NMDPRA

Importation of Premium Motor Spirit (PMS), also known as petrol, surged by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres recorded in… Read more »

Nigeria: Airlines Warn of Possible Flight Suspension Over Fuel Hike

Airline Operators of Nigeria (AON) has warned that domestic flights may be suspended from April 20 over the persistent rise in the price of Jet A1, also known as aviation fuel. Read more »

Nigeria: Dangote Refinery Drives Historic Shift As Nigeria Becomes Net Petrol Exporter

Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria's energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026--an… Read more »

West Africa: Nigeria Misses OPEC Quota, Produces 1.38m Bpd in March

The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria's crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in… Read more »

Africa: US-Iran Tensions - Crude Oil Rebounds Above $100 Per Barrel

The price of crude oil has risen to over $100 per barrel from $90 in the global market, following the collapse of talks between the United States and Iran over the weekend. Read more »

Nigeria: Navy Dismantles 12 Illegal Refineries, Recovers 531,500 Litres of Stolen Crude

The Nigerian Navy said on Friday that in furtherance of operations against oil theft, its personnel of Operation Delta Sentinel, in the first quarter of 2026, conducted over 183… Read more »

Nigeria: Govt, Operators Outline Path to Nigeria's 3mbpd Oil Production Target

Nigeria's oil and gas regulators and operators have outlined a coordinated pathway to achieving crude oil production of three million barrels per day (mbpd), stressing the need for… Read more »

Nigeria: Petan, Akwa Ibom Govt Sign MOU On Oil, Gas Asset Development

The Petroleum Technology Association of Nigeria (PETAN) has signed a Memorandum of Understanding (MoU) with the Akwa Ibom State Government for the joint development of oil and gas… Read more »

Nigeria: Itsekiri Youths Call for Careful Management of Pipeline Surveillance Contracts in Niger Delta

The Itsekiri Youths for Good Governance (IYGG) has urged the federal government to ensure careful management and oversight of pipeline surveillance contracts in the Niger Delta to… Read more »

Nigeria: Double Tragedy - Nigerians Ration Power, Hustle for Fuel As Petrol Price Hit N1,500

With the ongoing US-Israel-Iran conflict triggering a surge in crude oil prices above $100 per barrel from $60, amid disruptions to energy infrastructure and heightened risks to… Read more »

Nigeria: Petrol - Marketers Keep High Price As Crude Drops

---Regulators must intervene -- Petroleumprice.ng Read more »

Nigeria: Petrol Hits N1,371 Per Litre in Abuja

Fuel prices in the Federal Capital Territory have surged sharply, with petrol now selling for as high as N1,371 per litre at some stations, sparking frustration among consumers. Read more »

Nigeria: M-East War - CPPE, Others Warn of Further Surge in Fuel Prices, Inflation

...As oil hits $146/barrel Read more »

Nigeria: Nigeria Will Pay Heavy Price If Iran War Doesn't End - Dangote

Foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil volatility could have far-reaching consequences for Nigeria and African… Read more »

Nigeria: WTI Crude Oil Prices Up Following Trump Ultimatum On Iran

Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy… Read more »