Oil and Gas

Leading source of the latest news and insights for the oil & gas industry; upstream and downstream sector

Latest Oil and Gas News

How FG lost N1.9trn to oil theft in July – Report

Crude oil theft may have cost the country an enormous N1.9tn in

Bisola David Bisola David

Oil, gas contributed 5.34% to Nigeria’s GDP – Report

Nigeria's oil and gas sector generated only 5.34% of the country's Gross

Bisola David Bisola David

Nigeria, Algeria, Egypt to dominate Africa’s gas supply market from 2023 to 2027 – Report

Nigeria, Algeria, and Egypt are predicted to dominate the African natural gas

Bisola David Bisola David

Nigeria lost 165k oil barrels daily in five months – Report

Nigeria lost 165,000 barrels per day due to crude oil production disruptions

Bisola David Bisola David

Gas production at Bonny plant still active – NLNG

The Nigeria Liquefied Natural Gas Limited has stated that gas production at

Bisola David Bisola David

No intention to hike fuel pump price – IPMAN

The president of the Independent Petroleum Marketers Association of Nigeria, Chinedu Okoronkwo,

Bisola David Bisola David

More refineries won’t lower petrol price – Tinubu’s aide

President Bola Tinubu’s Senior Special Assistant on Media and Public Affairs, Ajuri

Alade Abayomi ADeleke Alade Abayomi ADeleke

Nigeria’s Forcados crude oil resumes exports, says Shell

An oil company official confirmed on Monday that Shell Nigeria resumed exports

Bisola David Bisola David

Diesel nears N900/liter in Lagos, other S’West states

Diesel rates have reached N867 per liter in Lagos state and N875 in other

Bisola David Bisola David

NNPCL reports 121 cases of crude theft in one week – Report

The Nigerian National Petroleum Company Limited has recorded 121 crude oil theft incidents

Bisola David Bisola David

Nigeria’s crude production falls to 1.3m bpd

Nigeria's crude oil output fell to 1,294,162 barrels per day in July

Bisola David Bisola David

Petrol pump price to increase as dollar rises — IPMAN

The Independent Petroleum Marketers Association of Nigeria has said the price of

Alade Abayomi ADeleke Alade Abayomi ADeleke