March 02, 2023
Nigeria: Buhari Inaugurates NNPC Power Project in Maiduguri
The gas plant was constructed by NNPC Ltd to supply 50 megawatts of electricity to Maiduguri and its environs. Read more »
February 23, 2023
Nigeria: We've Prevented Over Three Million Barrels of Crude Oil Theft in Five Years - NSA Monguno
The NSA said the crime was perpetrated within Nigeria's Exclusive Economic Zone (EEZ) up to the Republic of Togo. Read more »
February 22, 2023
Nigeria: Oil Theft Is Threat to National Security - Osinbajo
83 oil tankers involved in various crude oil and product theft have been arrested, an official said. Read more »
Nigeria: Shell Pledges Support for Federal Govt's Efforts to Preserve Oloibiri Heritage
Oloibiri is where Shell first struck oil in commercial quantity in 1958. Read more »
February 21, 2023
Nigeria: Average Retail Price of Petrol in Nigeria Up 54% in January - NBS
The highest average retail price was recorded in the South-East at N307.85, while the North-Central had the lowest (N217.15). Read more »
February 20, 2023
Nigeria: 40% of Crude Oil Losses Caused By Measurement Inaccuracies - NUPRC
The revelation followed a forensic audit conducted by the commission covering the period from January 2020 to November 2022. Read more »
February 16, 2023
Nigeria: NNPC to Begin Oil Drilling in Nasarawa - Official
"We have seen a great potential for finding hydrocarbon in Nasarawa State and to confirm this, we are going to start drilling on March 21. Read more »
February 15, 2023
Nigeria: TotalEnergies Says It's Ended Routine Gas Flaring in Nigeria
"TotalEnergies is also playing active role in marketing and production as it has 550 filling stations in Nigeria," he said. Read more »
February 09, 2023
Nigeria: How Accurate Are Kwankwaso's Claims About Nigeria's Oil Production?
Mr Kwankwaso, a former minister of defence, expressed concern about how crude oil theft in Nigeria is undermining production and consequently affecting the country's revenue… Read more »
February 08, 2023
Nigeria: IMF Urges Nigerian Govt to Remove Fuel Subsidy By Mid-2023
The IMF urged the Nigerian authorities to remove fuel subsidies by mid-2023, and to increase well-targeted social spending. Read more »
Nigeria: Fuel/Naira Scarcity - Sanwo-Olu Announces 50% Discount On State-Owned Buses
The governor also announced that food banks will be created to serve vulnerable citizens in the state Read more »
Nigeria: Fuel Tanker Explodes On Ore-Benin Expressway in Ondo State
The explosion was the second in the area in nine days as a kerosene tanker also burst into flames there on 31 January, roasting its driver. Read more »
Nigeria: Fuel Scarcity Across Nigeria to Reduce From Next Week - Officials
The NNPCL also promised that there will be an improvement in the supply of petroleum products across the country. Read more »
February 07, 2023
Nigeria: Nigeria Could Become Africa's Biggest Oil Refinery By 2025 - Report
Nigeria is the market to watch this year not only because of the opening of the Dangote refinery but because of its upcoming change of administration, an expert said. Read more »
February 02, 2023
Nigeria: NNPC, Daewoo Signs Agreement to Fix Kaduna Refinery
The last Turn Around Maintenance (TAM) on the refinery occurred about fifteen (15) years ago, an official said Read more »
Nigeria: Fuel Scarcity Not Plan to Sabotage Election - Oil State Firm
"... these glitches started well early in 2022. It has nothing to do with this election period," the NNPC boss said. Read more »
Nigeria: Oil Prices Jump As OPEC Retains Monthly Output
The oil cartel urged all participating countries to adhere to the directives Read more »
February 01, 2023
Nigeria: Petrol Sells At N700 Per Litre in Akure Black Market, Not Available At Filling Stations
With petrol unavailable at the filling stations, taxi and Okada riders in Ondo State have turned to the black market for the product Read more »
Nigeria: NNPC Assures INEC of Petrol Supply During Elections
"We are always conscious of the necessity to provide support to INEC whenever elections take place," the NNPC boss said. Read more »
Nigeria: Fuel Scarcity - 'Nobody Is Indispensable,' Nigeria's Military Chief Warns Oil Marketers
The NNPCL said the fuel distribution crisis was of a monumental proportion, which had taken a different dimension. Read more »
January 31, 2023
Nigeria: Fuel Scarcity - INEC Meets NNPCL On Availability of Products for Election Logistics
INEC partners the NURTW and Marine Workers' Union of Nigeria (MWUN) to ease movement of materials and officials on election day Read more »
Nigeria: NNPC Takes Over Addax Petroleum's PSC Assets
The move followed the termination of the Production Sharing Contract (PSC) relationship between NNPC and Addax. Read more »
January 28, 2023
Nigeria: Nigerian Petroleum Agency Blames Cross-Border Smugglers for Scarcity
The agency claimed that there is petrol sufficiency of over 1.6 billion litres as of 26 January Read more »
January 27, 2023
Nigeria: Average Retail Price of Kerosene Up 136% in One Year
The statistics office observed that the average retail cost of kerosene in December 2022 was N1,104, indicating an increase of 1.94 per cent compared to N1,083.57 recorded in… Read more »
January 26, 2023
Nigeria: Military Destroys 39 Illegal Refineries, Apprehends Oil Thieves, Vandals
DHQ says the illegal refineries were destroyed in the last two weeks in the South-south zone of the country. Read more »