December 01, 2022
Nigeria: Troops Dismantle 81 Illegal Refineries, Arrest 81 Oil Thieves in Niger Delta - DHQ
DHQ also said the troops destroyed 254 storage tanks, 173 cooking ovens, 118 dugout pits, and 36 wooden boats found at the sites. Read more »
November 30, 2022
Nigeria: Non-Oil Exporters Repatriated $4.99 Billion in 2022 - Emefiele
Mr Emefiele said the 2022 figure was higher when compared with $3.19 billion repatriated in 2021. Read more »
Nigeria: Fuel Scarcity Worsens Across Nigeria As NNPC, Marketers Offer Different Reasons
In many states, petrol is sold for as high as N270 at filling stations, while the product is barely available in Abuja and Lagos. Read more »
November 29, 2022
Nigeria: Average Retail Price of Kerosene in Nigeria More Than Doubled in October
On a year-on-year basis, the bureau said the average retail price per litre rose by 145.9 per cent from N423.42. Read more »
Nigeria: Gridlock in Ibadan As Fuel Scarcity Worsens
Most fuel stations in Ibadan sell a litre of petrol at between N180 and N250. Read more »
November 27, 2022
Nigeria: Buhari Govt Faces Lawsuit Over Illegal Pipelines, Oil Theft
The suit was filed by SERAP, Eric Dooh (who is suing for himself as a leader of the Goi Community in Gokana Local Government Area of Rivers State, and on behalf of the Goi… Read more »
Nigeria: Real Reasons Fuel Scarcity Persists Across Nigeria - Marketers
"We are experiencing scarcity because the product is not available," an official of the marketers' association says. Read more »
November 23, 2022
Nigeria: Kolmani Oil - We'll Avoid Mistakes of Niger Delta - Gombe Governor
"We have learnt our lessons. With the developments and what has been happening around the Niger Delta and other oil-producing areas of the world, naturally, no government will… Read more »
November 22, 2022
Nigeria: Average Retail Price of Petrol Up 17.93% in October - NBS
The NBS report said the highest average retail price of N211.00 for petrol was recorded in Kebbi state Read more »
Nigeria: Nigeria Earned U.S.$741.48 Billion From Oil and Gas in 21 Years - NEITI
NEITI calls for the effective implementation of the Petroleum Industry Act. Read more »
Nigeria: Over a Billion Barrels of Oil Found in Northern Nigeria, Buhari Says As Drilling Starts
The president says the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, and has attracted $3 billion investment already. Read more »
November 15, 2022
Nigeria: Reps Panel Summons Total, Others Over U.S.$85 Billion Tax
The committee said almost all the oil companies in Nigeria collected capital allowance and investment tax claims without Certificate of Acceptance of Fixed Assets, which… Read more »
November 09, 2022
Nigeria: Residents, Motorists Lament Sudden Hike in Fuel Price in Ebonyi
"In this country, once the price of fuel is increased, it affects prices of every other commodity in the market." Read more »
November 03, 2022
Nigeria: Military Deactivates Over 70 Illegal Refineries in Two Weeks
Mr Danmadami said the troops of 'Operation Dakatar Da Barawo' also discovered and destroyed 11 illegal refineries with 107 metal storage tanks and five wooden boats. Read more »
November 02, 2022
Nigeria: Addax Petroleum Exits Nigeria, Transfers Assets to NNPC
Addax has ceased to be the Production Sharing Contract (PSC) contractor for the Oil Mining Leases (OML) 123/124 and OMLs 126/137. Read more »
October 30, 2022
Nigeria: NNPCL, Akwa Ibom Govt Sign Agreement to Establish Logistics Hub
An official described the project as a game changer not just for the oil and gas industry, but for the nation's economy. Read more »
October 27, 2022
Nigeria: Nigeria Taps South Korea's Daewoo to Fix Kaduna Refinery
The Federal Executive Council last year approved the award of the contract for the rehabilitation of Warri and Kaduna Refineries at the combined total sum of $1.5 billion. Read more »
Nigeria: Seplat's 9-Month Profit Jumps 144 Percent to N34 Billion Amid Oil Price Boom
Seplat says in a separate document seen by PREMIUM TIMES it will pay an interim dividend of US2.5 cents per share to stockholders. Read more »
October 25, 2022
Nigeria: Amidst Fuel Scarcity, Depot Owners Increase Price
"Some private depots who have product deliberately refused to sell for reasons best known to them," an official says of the fuel price increase. Read more »
October 20, 2022
Nigeria: Ebonyi Suspends Government Officials Over 'Persistent Theft' of Diesel
The state Commissioner for Information and Orientation, Uchenna Orji made this known on Wednesday while briefing reporters at the end of the state Executive Council meeting. Read more »
Nigeria: Military Destroys 23 Illegal Refineries, Apprehends 42 Oil Thieves in N/Delta
Defence Headquarters says the 42 oil thieves have been handed over to appropriate authorities for further action. Read more »
Nigeria: Oil Theft - Nigerian Navy Hands Over 22 Suspected Oil Thieves, Two Vessels to EFCC
A navy official said the suspects did not have any authority or certificate from the appropriate authority to ply Nigerian waters. Read more »
October 16, 2022
Nigeria: Oil Theft - Tompolo Uncovers Another Illegal Pipeline in Delta
The latest discovery comes less than one week after at least 58 illegal oil pipelines were discovered by Tompolo in Delta and Bayelsa States where crude oil was being stolen. Read more »
October 12, 2022
Nigeria: Motorists Groan As Fuel Scarcity Bites Harder in Katsina
Many motorists in Katsina spent several hours at filling stations trying to get petrol for their vehicles. Read more »
October 10, 2022
Nigeria: How We Discovered Over 58 Illegal Oil Points in Bayelsa, Delta - Tompolo
Oil theft, illegal refineries in the region, and its negative impact on the country's economy have been a source of concern to the Nigerian government. Read more »