May 07
Nigeria: Fuel Scarcity - NNPC Warns Against Panic Buying As Supply Improves
The company said it has over 1.5 billion litres of Premium Motor Spirit (PMS) in stock equivalent to over 30 days of sufficiency Read more »
April 30
Nigeria: Nigerian Govt to Grant Full Operating Licence to Dangote Refinery
We awarded Dangote refinery even in their pre-commissioning and sooner than later, they will have full commission and a valid licence to operate," Mr Ahmed said. Read more »
Nigeria: Amid Fuel Scarcity, Petroleum Marketers Threaten to Shut Down Outlets
"We call on our members to however remain resolute and law-abiding, even as we draw close to the immediate ultimatum for our demands to be met and addressed by the NMDPRA," the… Read more »
April 28
Nigeria: Tanker Fire - Governors' Forum Seeks Safer Transportation of Petroleum, Gas Products
"We have spoken with the head of the downstream petroleum regulatory agency, and there will be a review of some laws to ensure safety," Mr AbdulRazaq said. Read more »
April 30
Nigeria: Commuters Stranded in Ogun As Fuel Scarcity Grounds Transportation Services
From Panseke to Iyana Mortuary, Ijaye, Sapon and other bus stops, commuters, including primary and secondary school students, were left stranded and trekking long distances. Read more »
Nigeria: Fuel Queues Will Be Cleared By Wednesday Across Nigeria - NNPCL
"Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved." Read more »
Nigeria: Shell - Nigerian Govt Develops Divestment Framework
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the framework, which consists of seven cardinal pillars, would also guide other similar investments in the… Read more »
April 25
Nigeria: Navy Arrests Over 14 Crude Oil Vessels in Four Months - Official
The naval official informed Rivers State Governor Fubara that the Nigerian Navy has moved its training headquarters from Lagos to Port Harcourt. Read more »
April 23
Nigeria: Again, Dangote Refinery Announces Reduction in Price of Diesel, Aviation Fuel
This development comes a week after the company announced a reduction in the price of diesel from N1,200 to N1,000 per litre Read more »
April 17
Nigeria: Dangote Refinery Announces Reduction in Price of Diesel
The company said the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in… Read more »
April 04
Nigeria: How New Gas Price Template for Strategic Sectors Will Benefit Nigerians
On Easter Monday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority announced the establishment of the year 2024 Domestic Base Price and applicable wholesale… Read more »
March 31
Nigeria: Malabu Oil Deal - Why Court Discharged Ex-AGF Adoke, Six Others
The court said the prosecuting agency, the EFCC, filed a poorly drafted charge against the defendants. Read more »
March 27
Nigeria: NAF Destroys Several Illegal Refining Sites, Barges in Rivers
The sites and barges destroyed were discovered between Monday and Tuesday at Bille, Dariama, Elem Bekinkiri, Temakiri, Opumakiri, and Degema all in Rivers. Read more »
March 18
Nigeria: Address Anxiety Over Oil Exploration in Bauchi, Gombe, Group Urges Govt
The Nigerian government has found one billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani river area of Gombe and Bauchi State. Read more »
March 12
Nigeria: Nigeria's Crude Oil Production Rose in February - OPEC
Nigeria's crude oil production rose to 1.476 million barrels per day in February, from 1.429 million bpd recorded in January, an increase of 47,000 barrels, an OPEC survey, which… Read more »
March 06
Nigeria: Tinubu Signs Executive Orders to Revamp Oil, Gas Sector
The order will include the Introduction of incentives to stimulate non-associated gas projects, midstream developments, and deepwater ventures. Read more »
February 29
Nigeria: NNPC, Opec Pledge Collaboration to Attract Investments
Both parties pledged to attract investments and boost production Read more »
February 22
Nigeria: Nigerian Govt Set to Ban Export of Cooking Gas
The government said this is part of its effort to tackle the rise in the price of cooking gas in the country. Read more »
February 20
Nigeria: Fuel Queues - Tinubu's Minister Meets With Striking Tanker Drivers
"Nigerians are already going through a lot as a result of the circumstances we found ourselves in," the minister said. Read more »
February 15
Nigeria: Dangote Refinery to Export First Fuel Cargoes
The refinery has issued tenders to sell two fuel cargoes for export, a report said. Read more »
February 10
Nigeria: TotalEnergies to Exit Nigerian Onshore Oil Business
The firm said it wants to divest its share of Shell Petroleum Development Company of Nigeria Limited (SPDC) Read more »
February 09
Nigeria: Power Supply - Nigerian Govt Sets Up Committee to Resolve Gas Shortage
"If we are serious about the economic development of the country, we need to solve the problem of gas supply today. We should look at the possibility of mandating the gas suppliers… Read more »
February 08
Nigeria: NNPC, CBN Review Decision On Management of Oil Revenue
The CBN has provided enhanced digital platforms for all transactions and has established specific limits to manage NNPCL transactions, the statement said. Read more »
Nigeria: No Increase in Petrol Pump Price - NNPC
"NNPC Ltd urges Nigerians to disregard unfounded rumours and assures them that there are no plans for an upward review of the PMS price," NNPCL said. Read more »
February 06
Nigeria: Bonga Oil Spill - Niger Delta Communities Protest in Abuja Over $3.6bn Shell Award
Some members of the Niger Delta communities affected by the 2011 Bonga oil spill staged a protest at the Federal Ministry of Justice in Abuja, demanding the enforcement of the… Read more »