Category: Oil and Gas

Nigeria still dependent on imports despite Dangote Refinery — NMDPRA

Fuel security slowed in October as the Dangote Petroleum Refinery supplied only an average of...

TotalEnergies sells 40% stake in offshore licenses to Chevron

TotalEnergies EP Nigeria has agreed to sell a 40 per cent stake in two exploration...

Yuletide: Dangote Refinery to supply 50m litres of petrol daily

Beginning today, Monday, December 1, 2025, Dangote Petroleum Refinery will supply 50 million litres of...

NNPCL’s revenue hits N5.08tr in October

The Nigerian National Petroleum Company Limited reported a significant surge in revenue for October 2025,...

OPEC+ to ratify 2026 production pause in Sunday meeting

Delegates report that OPEC+ is expected to formally ratify its existing plan to pause oil...

Reps demand details on EFCC crude oil seizures

The House of Representatives’ Ad-hoc Committee on the Implementation and Oversight of the Naira-for-Crude-Oil Policy...

FG endorses local modular refinery project in Delta

The Federal Government has endorsed the Ebenco Global Link Limited modular refinery project in Koko,...

NNPCL declares N5.4tr profit

The Nigerian National Petroleum Company Limited has declared a profit after tax of N5.4 trillion...

How naira float drove NNPC to N5.4tr profit in 2024 — Ojulari

The Nigerian National Petroleum Company Limited recorded a substantial Profit After Tax of ₦5.4 trillion...

TotalEnergies, Conoil seal offshore asset swap deal

TotalEnergies has reached an agreement with Conoil Producing Limited to execute an asset swap involving...

Nigeria’s 2025 licensing round draws interest from global oil firms

Nigeria’s upcoming 2025 Licensing Round is already attracting early interest from international oil companies, fueled...

Dangote denies import duty influenced 5.6% petrol price cut

The Dangote Petroleum Refinery has officially debunked reports suggesting that recent reductions in petrol pump...