Category: Oil and Gas

A’Ibom rejects claims of returning 76 oil wells to C’River

Akwa Ibom State Attorney General and Commissioner for Justice, Uko Udom SAN, has faulted media...

Petrol imports drop 42.2% as Dangote supply rises

Petrol imports into Nigeria declined by 42.2 per cent in January 2026, falling to an...

NNPC partners Chinese firms to develop gas infrastructure

The Nigerian National Petroleum Company Limited has entered into a tripartite Memorandum of Understanding with...

Nigeria records modest oil production growth amid OPEC shortfall

Nigeria’s crude oil output climbed to 1.459 million barrels per day in January 2026, maintaining...

TotalEnergies cuts Q1 share buyback as oil, gas revenues drop

TotalEnergies announced on Wednesday that it will reduce its first-quarter share buybacks by 62 per...

Dangote slashes petrol price by ₦25 to ₦774/litre

Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (petrol) by N25 per...

Nigeria gains ₦6tn from downstream petroleum reforms

Nigeria has recorded an estimated ₦6 trillion gain from reforms in the downstream petroleum sector...

Over 180TCF of African Gas remains untapped – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission has revealed that more than 180 trillion cubic feet...

Nigeria faces 225,000 bpd cut as Shell shuts Bonga FPSO

Nigeria faces a 225,000 barrels per day crude oil output cut as Shell Nigeria Exploration...

Dangote Group expands gas supply deals with NNPC subsidiaries

The Dangote Group has expanded its Gas Sales and Purchase Agreements with NNPC Ltd subsidiaries,...

Crude exports to drop 225,000B/D amid Bonga FPSO maintenance

Nigeria’s crude oil exports are expected to fall by around 225,000 barrels per day in...

SERAP sues NNPCL over missing ₦22.3bn oil funds

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Nigerian National Petroleum...