Over 180TCF of African Gas remains untapped – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has revealed that more than 180 trillion cubic feet of discovered natural gas across Africa remains…
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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 and Production Company Limited shuts down its…
Dangote Group expands gas supply deals with NNPC subsidiaries
The Dangote Group has expanded its Gas Sales and Purchase Agreements with NNPC Ltd subsidiaries, including Nigerian Gas Marketing Limited and NNPC…
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 February due to the temporary shutdown of…
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 Company Limited over its alleged failure to…
NNPCL unveils NGMP 2026 to drive gas industrialisation
The Nigerian National Petroleum Company Limited on Friday unveiled its Gas Master Plan 2026, tagged NGMP 2026, in a renewed effort to…
NUPRC promises transparent 2025 oil licensing bid round
The Nigerian Upstream Petroleum Regulatory Commission has assured that the 2025 licensing bid round will be guided by transparency, as only applicants…
Dangote Refinery reaffirms capacity to exceed local fuel demand
Dangote Petroleum Refinery has confirmed its ability to supply fuel volumes well above Nigeria’s domestic demand. The refinery said it can produce…
Nigeria’s Bonny Light oil price surges amid US threat on Iran
Crude oil prices surged sharply on Thursday as growing fears of a possible United States military strike on Iran raised concerns over…
Brent crude surges past $70 after Trump’s Iran threat
Brent crude oil topped $70 a barrel Thursday for the first time since September as United States President Donald Trump ramped up…
Crude oil rises as Trump warns Iran of ‘massive armada’
Oil prices climbed Thursday after President Trump warned that a “massive armada” is heading toward Iran, ramping up pressure on the country…
NUPRC opens 50 oil blocks for 2025 bidding round
The Nigerian Upstream Petroleum Regulatory Commission has launched the 2025 licensing round by opening 50 oil and gas blocks across five sedimentary…