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 »
February 01
Nigeria: NSCDC Arrests Six Suspects for Illegal Dealing in Petroleum Product
NSCDC says the suspects disguised as a joint task force of a security agency and were found with a truck conveying about 45,000 litres of diesel to an unknown destination without… Read more »
Nigeria: Tinubu Orders AGF, EFCC, Others to Resolve $1.3 Billion Malabu Oil Deal Saga
An official said that parties involved in the deal were negotiating to end the more than 28 years crisis and litigation surrounding the prolific Malabu oil block located in… Read more »
January 30
Nigeria: NNPC in Talks With South Korean Investors for Gas Projects
"The talks will pave the way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment...," the statement said. Read more »
January 29
Nigeria: Dangote Refinery to Import U.S. Crude
Dangote Petroleum Refinery had earlier in the month commenced production of diesel and aviation fuel Read more »
January 25
Nigeria: Atiku Asks Tinubu to Explain NNPC's $3.3bn Repayment Loan Deal
NNPCL had on 16 August 2023 said it would secure a $3.3 billion loan to give support to the Naira and stabilise the foreign exchange market Read more »
January 23
Nigeria: Tinubu Meets Chevron Executives, Hails Company's Ongoing $1.4bn Drilling Project With NNPC
President Tinubu said the federal government's interventions in the oil and gas sector will safeguard and enhance the value of investments. Read more »
January 11
Nigeria: Military Troops Destroy 60 Illegal Refining Sites, Arrest 30 Oil Thieves
The troops also discovered and destroyed 37 dugout pits, 65 boats, 71 storage tanks, 14 vehicles, 108 cooking ovens, four pump machines and one speedboat. Read more »
January 06
Nigeria: Oil Theft - Govt Strengthens Collaboration With Traditional Rulers
The minister stressed the imperative of collective efforts in curbing pipeline vandalization and oil theft. Read more »
January 03
Nigeria: No Increase in Petrol Pump Price - NNPC
"Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country," NNPCL said. Read more »
Nigeria: NNPC Speaks On Petrol Prices, Clash With Marketers
The report quoted the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Ukadike Chinedu, as saying that subsidy on petrol was rising and… Read more »
December 28, 2023
Nigeria: Nigerian Firm Plans First-Ever Gas Supply Deal to South Africa
"We'd probably very early in the year close out another segment of the market, an off-take for South Africa," David Ige, the CEO of the Lagos-based energy firm, said. Read more »
December 26, 2023
Nigeria: Nigerian Air Force Destroys Six Illegal Oil Refining Sites in Rivers
The operation was carried out on 23 December, according to an official. Read more »
December 22, 2023
Nigeria: British Court Dismisses P&ID $11 Billion Damages Against Nigeria
P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale. Read more »
December 21, 2023
Nigeria: Nigerian Govt Announces 'Mechanical Completion' of Port Harcourt Refinery
Nigeria owns four refineries with two located in Port Harcourt and one each in Warri and Kaduna. But for many years, the refineries have been moribund despite… Read more »
December 20, 2023
Nigeria: How NNPC Plans to Revolutionise Nigeria's Power Supply, Industries - Kyari
Mr Kyari said gas would be used to bring revolution in Nigeria in the next two to three years, assuring that progress was already being made on the initiatives to bring gas to the… Read more »
Nigeria: Why We're Finding It Difficult to End Oil Theft in Niger Delta - Nigerian Military
Oil theft and its negative impact on the country's economy have been a source of concern to the Nigerian government over the years. Read more »