Nigeria: EFCC Arrests Ex-NNPC Top Official, Others Over Alleged $7.2 Billion Refineries Maintenance Fraud

According to the sources, Mr Isa was detained by the agency along with a former Managing Director of Warri Refinery, Jimoh Olasunkanmi. Read more »

Nigeria: NNPC Increases Petrol Price

Recently, global economic uncertainties have led to fluctuations in crude oil prices, resulting in corresponding changes in retail fuel prices. Read more »

Nigeria: Dangote's Masterstroke, By Wole Olaoye

You perch on my overburdened back while assuring me that you would do anything to lighten my distress -- except getting off my back! That is the assurance that Nigeria's petroleum… Read more »

Nigeria: CJID, NRGI Partner to Promote Transparency in Oil and Gas Sector Through Methane Emissions Advocacy

Meaningful advocacy must lead to measurable outcomes, such as improved enforcement, policy reform, and verifiable reductions in methane emissions. Read more »

Nigeria: UK Court Rules Against Shell Over Nigerian Oil Spill

The UK High Court trial finds that Shell plc and its former Nigerian subsidiary can be held legally responsible for legacy oil pollution in Nigeria. Read more »

Nigeria: Dangote Refinery Launches Fuel Distribution Initiative

Effective 15 August, the company said it will begin distributing petrol and diesel to marketers, dealers, manufacturers, telecoms firms, aviation, and other large users nationwide.… Read more »

Nigeria: Beware of Scammers Posing As Our Representatives - NNPC

Mr Soneye explained that these scammers are soliciting fees for meetings with NNPC board members, executives, and management staff, which is unauthorised and illegal. Read more »

Nigeria: Nigerian Military Destroys 27 Illegal Oil Refining Sites in May - Official

The Director of Defence Media Operations, Markus Kangye, made this known in a statement on Sunday in Abuja. Read more »

Nigeria: PDP Criticises Tinubu's Fresh Borrowing Plan, Questions Subsidy Removal Gain

The PDP said the policy inconsistency of the Tinubu administration has left many Nigerians suffering under worsening economic conditions. Read more »

Nigeria: Executive Secretary, NCDMB Appointed to African Petroleum Producers' Board

By the appointment, Ogbe becomes Nigeria's representative on the Board of the 18-member continental body, which has its headquarters at Brazzaville, Republic of the Congo Read more »

Nigeria: Serap Sues NNPCL for Refusing to Account for 'Missing N500bn Oil Money'

SERAP is also asking the court to "direct and compel the NNPCL to invite appropriate anticorruption agencies to investigate the spending... Read more »

Nigeria: Oil Theft - Why Nigeria Continues to Lose Its Essential Commodity, By Jibrin Ibrahim

Nigeria's losses due to crude oil theft are more significant than those of some other OPEC members, the Chairman Senate Ad hoc Committee on Crude Oil Theft, Ned Nwoko, has said. In… Read more »

Nigeria: Nigeria to Restart Oil Production in Ogoni

According to Mr Ribadu, oil production is expected to resume soon in the region. Read more »

Nigeria: Dangote Refinery Announces Reduction in Petrol Pump Price

On Monday, the company reaffirmed its commitment to maintaining price stability for petrol, despite global crude oil price fluctuations. Read more »

Nigeria: Oil Theft - Nigeria Losing More Barrels of Crude Oil Than Some Opec Members Produce - Senator

"Nigeria loses billions of dollars annually to crude oil theft. This is severely undermining our economy, weakening the Naira, and depriving the nation of vital revenue needed for… Read more »

Nigeria: Problems, Prospects, Solutions of Oil Block Development in Nigeria

Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National Oil Companies (NOCs). Read more »

Nigeria: Gov Mbah Demands Enugu's Share of 13 Percent Oil Derivation Fund

The Nigerian government, in December 2022, recognised Enugu as an oil producing state which ultimately makes the South-eastern state eligible to receive 13% oil revenue. Read more »

Nigeria: Dangote Refinery Pledges Stability Amidst Oil Price Fluctuations

According to the company, the decision reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden of fuel costs on consumers. Read more »

Nigeria: Oil Spill Devastates Ogoni Community, Displaces Residents

Residents said the spillage has been on for over a week and that drums of crude have been looted by overzealous community members Read more »

Nigeria: Oil Cargo Arrest - Court Dismisses General Hydrocarbons' Bid to Serve Orders On Navy

General Hydrocarbons succeeded in overturning the order detaining the crude oil cargo, but First Bank immediately appealed the ruling. Read more »

Nigeria: NNPC to Resume Oil Drilling in Northern Nigeria, Speaks On Feud With Dangote Refinery

Mr Ojulari also said the NNPC has resolved the feud between the NNPC and the Dangote refinery. Read more »

Nigeria: Gov Radda Hails Appointment of Bagiwa As NNPCL Commercial Director

"Her elevation not only brings honour to Katsina State but also reinforces our long-standing tradition of producing exceptional leaders who contribute significantly to national… Read more »

Nigeria: NNPC Probe - Kyari Speaks On Allegations of Being in EFCC Custody

Last month, President Bola Tinubu sacked the board of the NNPC Ltd, including Mr Kyari. Read more »