Category: Oil and Gas

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned...

Presidency eyes NNPC asset shake-up to boost oil output

The Presidency is currently making plans to restructure asset ownership within the Nigerian National Petroleum...

Nigeria’s crude profit plunges despite oil production rebound

Nigeria’s gross profit from crude oil and gas sales experienced a sharp plunge of N824.66...

Rivers assembly probes firm over oil spillage damaging community farmlands

The Rivers State House of Assembly has initiated a probe into serious allegations that Renaissance...

Dangote refinery reduces petrol price to ₦828 per litre

The Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, also...

NNPCL plans 20% increase in Dangote Refinery stake

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake...

Dangote Refinery supply now exceeds Nigeria’s demand, says official

The Dangote Petroleum Refinery says the supply of petroleum products has now exceeded Nigeria’s demand....

Ex-IPMAN boss backs 15% import duty to protect local refineries

The former National Operations Controller of the Independent Petroleum Marketers Association of Nigeria, Mr. Mike...

Dangote opts for expansion over buying government refineries

President of the Dangote Group, Alhaji Aliko Dangote, has dismissed suggestions that he should acquire...

NNPC seeks technical partners to revive three idle refineries

The Nigerian National Petroleum Company Limited has said that it is seeking technical equity partners...

Fuel subsidy removal marked new deregulation era – MEMAN

The Major Energy Marketers Association of Nigeria says the removal of petrol subsidy marked the...

NUPRC urges Bank of America to fund Nigeria’s upstream oil sector

The Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritize Nigeria’s...