Nigeria: NNPC Signs MOU With Chinese Firms to Revive Warri, Port Harcourt Refineries

The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part of efforts to restart and expand the Port… Read more »

Nigeria: Dangote Denies Rift With Tony Elumelu, Rejects Refinery Funding Claims

Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu and financed the Dangote Petroleum… Read more »

Nigeria: Subsidy Is Gone - So Why Is Nigeria Still Borrowing?

To expect that the removal of subsidy alone would eliminate the need for borrowing is to misunderstand both the structure of Nigeria's finances and the scale of its developmental… Read more »

Nigeria: Beyond Oil - Niger Delta Attracts New Investments for Economic Growth and Development

Clearly, the journey beyond oil has begun, which marks a new dawn of development for the region. Read more »

Nigeria: NNPC Records Major Breakthrough With River Niger Crossing On OB3 Gas Pipeline

The successful crossing unlocks the full potential of the OB3 Pipeline, a strategic infrastructure designed to transport up to 2 billion standard cubic feet of gas per day Read more »

Nigeria: UAE Withdraws From Opec, Opec+

The UAE energy ministry announced this in a statement on Tuesday. Read more »

Nigeria: Just in - UAE Withdraws From Opec, Opec+

The UAE energy ministry announced this in a statement on Tuesday. Read more »

Nigeria: Fuel Crisis Deepens As Ibom Air Warns of Soaring Costs, Possible Flight Cuts

The airline says surging aviation fuel prices are forcing operators to absorb heavy losses, raising concerns over sustainability and service disruptions. Read more »

Nigeria: Dangote to Partner Kenya, Uganda to Build Refinery in Tanzania

Aliko Dangote has unveiled plans to collaborate with Kenya and Uganda on a large-scale refinery project in Tanzania, signalling a new phase in Africa's push for energy… Read more »

Nigeria: End Oil Fires in Ondo, Rivers, Homef Tells Nigerian Govt

The environmental group says prolonged wellhead fires in Ondo and Rivers states expose a weak response to pollution, threatening livelihoods and ecosystems Read more »

Nigeria: Oil Pipeline Security Feud Deepens As Contractor Accuses Tompolo's Security Outfit of Sabotage

Abili Integrated Services says video shown at National Assembly misrepresented its operations, alleges rival firm's workers were involved in pipeline vandalism Read more »

Nigeria: Dangote Refinery Eyes Crude Production As Upstream Project Records First Output

The move by the Dangote refinery could strengthen crude supply to its 650,000 barrels-per-day refinery and deepen vertical integration. Read more »

Nigeria: Reopening Fuel Imports Is Not Reform, It Is Regression

In April, the World Bank repeated a familiar prescription, one of many that have never guided any developing nation toward genuine success. The pattern is predictable: a… Read more »

Nigeria: Ex-Oil Minister Alison-Madueke Denies Bribery Charges in UK Court

Former petroleum minister Diezani Alison-Madueke has denied allegations of bribery and corruption before a UK court, insisting she neither solicited nor received illicit payments… Read more »

Nigeria: Nigerian Navy Arrests Two Vessels With Stolen Crude Worth N4 Billion

He said the arrest underscores the Nigerian Navy's continued commitment to combat crude oil theft and other economic saboteurs. Read more »

Nigeria: Pipeline Security - Nass Backs Tantita, Dismisses Petitions Over Surveillance Contract

The lawmakers say there is no evidence to support the allegations against the company, warning that breaking up the contract could undermine gains in oil production and security. Read more »

Nigeria: Nigeria's Oil Output Rises to 1.7mbpd As Pipeline Security Improves - NNPC

NNPC says crude oil production has rebounded significantly since 2022, driven by improved pipeline security and efforts to curb oil theft and sabotage. Read more »

Nigeria: NNPC Exports New Crude Grade 'Cawthorne' to Netherlands

NNPC Limited has commenced export of a new crude grade, Cawthorne blend, with its maiden cargo shipped to the Netherlands as part of efforts to boost production and expand… Read more »

Nigeria: Middle East War - How Countries Are Responding to Oil Price Shock & What Nigeria Must Do

The Middle East conflict has triggered a sharp rise in global oil prices, forcing governments worldwide to adopt emergency measures to shield their economies. Read more »

Nigeria: Oil-Producing Rivers, Abia, Imo Rank Worst in Subnational Transparency, Accountability Index

Abia and Rivers slump to joint last position with a 9 per cent score as the report flags weak audit transparency in three oil-producing states. Read more »

Nigeria: CSOs, Rivers Community Urge Solution to Persistent Underwater Gas Eruption

The News Agency of Nigeria recalls that the Nigerian Upstream Petroleum Regulatory Commission had, in a statement issued on 20 March by its Chief Executive, Oritsemeyiwa Eyesan,… Read more »

Nigeria: Nigerian Military Destroys 101 Illegal Refineries, Arrests 219 Suspects - DHQ

The DHQ said military troops recovered more than 547,920 litres of stolen petroleum products, including crude oil, automotive gas oil, kerosene and premium motor spirit. Read more »

Nigeria: Dangote Refinery Cuts Petrol Gantry Price to N1,200

The refinery disclosed this in a statement shared with PREMIUM TIMES Thursday night. Read more »

Nigeria: NUPRC Signs Agreement to Boost Offshore Exploration

The agreement was signed on Tuesday at the commission's headquarters in Abuja and will run for three years Read more »

Nigeria: AGF Defends OPL 245 Resolution, Projects 150,000bpd Output As Dispute Nears Closure

The AGF, Mr Fagbemi, noted that a major turning point came in 2011, when the parties reached an agreement under which Malabu relinquished its interest in the block in exchange for… Read more »